Retirement

Personal Finance Course for Personal Money Management

Personal Finance Course for Personal Money Management
How to stick to a personal budget plan and save money for retirement. Includes: repairing bad credit, how to pay less income taxes, how to set up Ira, Sep, 401k, or 403b with money management course, audios, personal budget plan, and 2 spreadsheets.
Personal Finance Course for Personal Money Management

Share on Facebook

7 Steps to Starting a Business

7 Steps to Starting a Business
This is a bad time for employees. They’ve lived with the fear of downsizing and watched benefits and retirement savings shrink. This book offers hope by outlining the pros and cons of starting your own business and taking control of your own destiny.
7 Steps to Starting a Business

Share on Facebook

New Reality-Based Retirement Planning Tool Announced

Muskegon, Michigan (PRWEB) March 9, 2006

A new retirement planning tool, available at www.reverse-mortgage-information.org , may help baby boomers and others more realistically plan for their retirement.

Retirement plans and retirement planning models typically assume that households have the same spending needs at age 85 as they do at age 65 – only worsened by the eroding effects of inflation. Even with modest inflation assumed, the result can be a retirement savings goal that seems discouragingly unattainable.

Yet government data and research clearly show that spending actually decreases throughout retirement. As people age, there is a pronounced tendency to spend less. For example, U.S. Bureau of Labor Statistics data show that retired households age 75 and over spend less than younger retirees in every category of spending except healthcare (U.S. Bureau of Labor Statistics, Report 986, June 2005).

“During the early years of retirement, spending tends to rise as vacations, new cars, and other long-delayed rewards are purchased,” says Tim Paul, president of Sagetips, LLC. “However, after several years in retirement, spending tapers off particularly for things like entertainment and transportation.”

The Reality Retirement Calculator allows retirement planners to take this essential fact into account.

The result is a more realistic retirement plan that, while recognizing the effects of inflation, also takes into consideration the natural tendency for retirees to spend less as they age. Users often find that projected retirement needs using the “reality” approach are 20% to 30% lower than with traditional retirement planning models.

“Clearly, this has important implications for anyone considering a reverse mortgage as part of their retirement planning,” Paul notes.

Of course no retirement calculator can substitute for a detailed retirement plan prepared after consultation with a qualified financial planner.

The Reality Retirement Calculator is available at http://www.reverse-mortgage-information.org/retirement-calculator.php. The calculator is also freely available for downloaded.

Corporate information

Sagetips, LLC owns and operates websites providing independent information on specific personal finance issues including reverse mortgages (www.reverse-mortgage-information.org) HELOC loans (www.sagetips.com ) and colleges savings reward credit cards (www.529rewards.com ).

Press Contact: T.J. Paul

Company Name: Sagetips, LLC

Website: http://www.reverse-mortgage-information.org

###

Share on Facebook

Ian Traynor Grand Retirement Sale

Ian Traynor Grand Retirement Sale
My Final Sale!
Ian Traynor Grand Retirement Sale

Share on Facebook

The Ultimate Collection Of Seniors/Elders eBooks – 3 Sites To Promote!

The Ultimate Collection Of Seniors/Elders eBooks – 3 Sites To Promote!
Now Earn 50% On All Sales! Baby Boomers, Retirement, Retirement Planning, Eldercare, Elders, Golden Years, Elder Care
The Ultimate Collection Of Seniors/Elders eBooks – 3 Sites To Promote!

Share on Facebook

Optimizing the Aging, Retirement, and Pensions Dilemma

Optimizing the Aging, Retirement, and Pensions Dilemma A straightforward guide focused on life cycle investing-namely aging, retirement, and pensions Life cycle investing and the implications of aging, retirement, and pensions continues to grow in importance. With people living longer, the relative and absolute number of retirees is growing while the number of workers contributing to [...]

Read more...

Optimizing the Aging, Retirement, and Pensions Dilemma

Optimizing the Aging, Retirement, and Pensions Dilemma A straightforward guide focused on life cycle investing-namely aging, retirement, and pensions Life cycle investing and the implications of aging, retirement, and pensions continues to grow in importance. With people living longer, the relative and absolute number of retirees is growing while the number of workers contributing to [...]

Read more...

Retirement Communities Niche Adsense Website

RETIREMENT Retired Wings & Wishes Angel Pin US $ 4.99 End Date: Tuesday Jan-18-2011 7:06:15 PSTBuy It Now for only: US $ 4.99Buy it now | Add to watch list HAPPY RETIREMENT 11 FT. FLAG BANNER ~ 50% OFF! US $ 2.49 End Date: Tuesday Jan-18-2011 7:35:40 PSTBuy It Now for only: US $ 2.49Buy [...]

Read more...

The Good Non Retirement Guide 2010: Everything You Need to Know About Health, Property, Investment, Leisure, Work, Pensions and Tax

The Good Non Retirement Guide 2010: Everything You Need to Know About Health, Property, Investment, Leisure, Work, Pensions and Tax “The Good Non Retirement Guide” is essential reading for anyone looking to make the most of their retirement. It combines invaluable advice on how you can plan for a secure future with suggestions for creative [...]

Read more...

Introduction to Retirement Pension Planning

Introduction to Retirement Pension Planning The sad thing about most people getting a retirement pension today is that it just isn’t enough to cover basic needs. Enjoying the same lifestyle before and after retirement is something that is more of a dream now, rather than the reality it should be. After all, that’s what pensions [...]

Read more...