Tag: Retirement

  • A Recipe for Family Disaster

    by Scott A. Makuakane, Counselor at Law, Est8Planning Counsel LLLC Ingredients 1 part  No estate plan established 1 part  No family discussion Directions Mix vigorously, bringing it to a boil. Add unexpected ingredients to totally complicate things… Serves an entire family… to its end. A recent survey conducted by Chicago-based BMO Wealth Management confirmed that…

  • Don’t Wait to Save for Retirement

    By Michael W. K. Yee, Financial Advisor and Certified Financial Planner Saving for — and even thinking about retirement can be overwhelming. While it’s natural to worry about your financial future, be careful not to let preconceived notions prevent you from actively saving for tomorrow. If you find yourself having one of the following doubts, consider reframing…

  • When to Start Receiving Social Security

    by Jane Yamamoto-Burigsay, Social Security Public Affairs Specialist in Hawai‘i Enjoying a comfortable retirement is every-one’s dream. For over 80 years, Social Security (SS) has been helping people realize those dreams, assisting them through life’s journey with a variety of benefits. It’s up to you as to when you can start retirement benefits. You could…

  • Increase Your Retirement Funds

    If you are like many people, you are looking for a way to create funds and security for your future. If you own low-interest CDs or underperforming stocks, one idea is to transfer these assets to a qualified nonprofit organization in exchange for a charitable gift annuity. In return, the charity agrees to make payments…

  • Help Your Employees with Retirement

    As a small-business owner, one of the greatest benefits you can provide to your employees is a retirement plan that helps them save for their financial future. Your contributions to a retirement plan are a deductible business expense, and a strong compensation package helps you compete for and retain talented people. As an employer, you…

  • Financial: Time for a Retirement Dress Rehearsal

    Two emotions are likely to strike those who are nearing retirement — excitement and fear. Leaving the world of alarm clocks and cubicles is liberating, but feelings of apprehension about entering a new life stage can easily creep in. The responsibility of pursuing your passions and filling each week in a satisfying way can be…

  • What Does Gender Have to Do With Retirement?

    When it comes to planning for retirement, women feel less prepared than men. That’s according to the New Retirement Mindscape® 2013 City Pulse index survey, commissioned by Ameriprise Financial. Only 38 percent of women surveyed say that they feel on track for retirement (or the remainder of retirement) compared to 46 percent of men. Women’s…

  • How Much Money Do I Need?

    The “million dollar” question many of those preparing for retirement ask themselves is simply stated but not necessarily easy to answer — “how much money do I need to save to secure a comfortable retirement?” In some circles, this is referred to as “the number” — that magical figure that tells pre-retirees how prepared they may be. A recent…

  • Book Review: 65 Things to Do When You Retire

    When you think of retirement, you may dream of spending carefree days traveling with friends or loved ones. If you’re at that stage of life, 65 Things to Do When You Retire: Travel can help you steer toward a fulfilling and enjoyable retirement, whether you are looking for physical adventure, a spiritual journey, or to…

  • Financial: Retirement Confidence Boost

    Dos and Don’ts on Preparing for Retirement As baby boomers near retirement, many are discovering that they aren’t yet financially prepared to leave their careers. Moving from a full-time job to a life of travel, volunteer work and time spent with family and friends may seem like a natural next step. For those who are…