Below is a chart generated by the Insured Retirement Institute (IRI) detailing the economic satisfaction of the 65 and older crowd over the last 5 years and year-to-date 2016. The chart and corresponding article were recently posted at Bankrate.com. At quick glance, the first thing to strike you is the direction that satisfaction is heading – in one word down....
Retirement Expenses – Beyond the Day-to-Day
When it comes to retirement planning, one of the first places I start is helping clients determine how much they will be spending. If they haven’t done so for themselves already, we help them put together a spending plan (a.k.a. a budget); most have a good handle on the day-to-day living expenses. However, it’s important to keep in mind that the expenses you face today may not be the ones you’ll have in the future....
Retirement Preparedness – The Canadian Edition
No matter where you live, I believe there are a few universal keys to achieving retirement security: having a plan, saving early and often and living within your means are chief among them. With that in mind, I wanted to share the following infographic put together from a survey of our friends to the North....