Retirement

How should I save for my military retirement plan?

How should I save for my military retirement plan?

Retirement planning as a U.S. armed forces member is slightly different than for those in the civilian sector. This is because armed forces members are eligible to retire after 20 years of service, which means they can retire much younger than the average worker in...

Retirement planning isn’t for sissies

Retirement planning isn’t for sissies

The process of actually planning to retire is not easy, but going into retirement with no formal written plan or quasi-plan makes the golden years a lot more complicated and unpredictable.  It can all be a bit overwhelming, both financially and emotionally.  For 40-50...

Can you get a car financed if you are retired?

Can you get a car financed if you are retired?

Typically, when applying for a car loan, financiers will consider your down payment, income, and credit score. However, if you are retired and do not have an active income source, you may be wondering if it is possible to get a new car financed. In short, it is...

Three big mistakes to avoid when estimating retirement expenses

Three big mistakes to avoid when estimating retirement expenses

Saving for retirement can be a challenging process. Not only is it difficult to leave enough room in your budget to set aside money each month, but it is also challenging to simply calculate how much you need to save to reach your goals. There are plenty of things to...

Do I qualify for a retirement savings credit?

Do I qualify for a retirement savings credit?

Saving for retirement can be a big challenge, especially if you have lofty goals but did not start saving until later in life. These goals are even more difficult to reach if you are saving for other goals as well, such as building an emergency fund or saving for a...

Retirement Planning Assumptions And Myths

Retirement Planning Assumptions And Myths

Retirement Planning Assumptions and Myths   Whenever one plans for the future, it is often based on myths that one has heard from others that are taken as fact and/or assumptions that they have made.  The only assumption that is guaranteed to come true is – none...