Posts Tagged ‘Retirement’

Enjoy-Retirement-Jobs.com Releases New Interviews and E-Books in Its Emphasis on Achieving the Ideal Retirement

Enjoy-Retirement-Jobs.com Releases New Interviews and E-Books in Its Emphasis on Achieving the Ideal Retirement

Enjoy Retirement Jobs

Houston, TX (PRWEB) February 10, 2010

With the launch of its website in July 2009, Enjoy-Retirement-Jobs.com set out to provide reliable, up-to-date information for its readers searching for the path to “the good life” during retirement.  Enjoy-Retirement-Jobs.com knows that people are healthiest and happiest when following their own passions, and seeks to provide information on a wide variety of vocations and occupations. Searchers will find up-to-date relevant information regarding Social Security, financial calculators, online opportunities, interviews, articles, plus a way to build a free mini site. Follow the Decision Tree for easy assistance in evaluating and defining alternatives.

A recent posting on the Enjoy-Retirement-Jobs.com website is the new interview with Neil Patel, co-founder of Crazy Eggs and KISSmetrics.  Patel, known as a tenacious blogger and serial entrepreneur, was named one of the top influencers on the web by the Wall Street Journal by the age of 21.  In addition, Patel has been named one of the top 100 bloggers by Technorati.  In his interview, Patel shares his views on entrepreneurship issues affecting all of us.  He advises “ Find a problem in this world that you are passionate about and solve it. It’s a simple as that.” Seasoned entrepreneurs or those just starting out will find valid, useful tips.  Read the full interview at the Interviews – Quicksprout section of the site.

Enjoy-Retirement-Jobs.com also lists ways to locate job opportunities.  Find real online jobs and the best products to sell online. Learn how to buy a business or start one, review franchise ideas, and learn how to network successfully using tools like Facebook and Twitter.   

A valuable resource on the Enjoy-Retirement-Jobs.com website is the free e-book, “Social Security Administration – What Is It and How Does It Work?”  It provides information to those wanting to know exactly what Social Security is and how to the use Social Security website most effectively.  It answers questions about tax rates, limits, as well as questions about the best timing for a spouse to claim benefits.   The e-book is online at the http://www.enjoy-retirement-jobs.com/social-security-adm.html [Free e-Books section of the website and available for free download in PDF format.

For individuals looking for retirement hobbies or voluntarism opportunities, Enjoy-Retirement-Jobs.com provides numerous suggestions and designed to help make those connections.

The guiding principle of the website, as stated by the founder and owner is, “Do more than follow your passion — LIVE  IT!”  For more information, visit Enjoy-Retirement-Jobs.com and follow them at Facebook and Twitter to get started on the best dream jobs.

About Enjoy-Retirement-Jobs.com:

The guide to vocations after retirement (http://www.Enjoy-Retirement-Jobs.com) is edited by Donald D’Armond. He is a husband, father, grandfather, 35 year veteran of the energy industry, licensed professional engineer in the State of Texas, entrepreneur, classic car restorer, and Vietnam Veteran. 

Media Contact:

Donald D’Armond

Blue Impala, L.L.C. for Enjoy-Retirement-Jobs.com

281-733-6455

###

Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Share on Facebook

To amend title II of the Social Security Act and the Internal Revenue Code of 1986 to provide for enhanced retirement security in the form of an Individual Social Security Investment Program.

To amend title II of the Social Security Act and the Internal Revenue Code of 1986 to provide for enhanced retirement security in the form of an Individual Social Security Investment Program.

The BiblioGov Project is an effort to expand awareness of the public documents and records of the U.S. Government via print publications. In broadening the public understanding of government and its work, an enlightened democracy can grow and prosper. Ranging from historic Congressional Bills to the most recent Budget of the United States Government, the BiblioGov Project spans a wealth of government information. These works are now made available through an environmentally friendly, print-on

List Price: $ 17.75

Price: $ 13.55

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

A Manager’s Guide to Strategic Retirement Plan Manageme

20" V.I B. Charles Linbeargh W/Outfit Retired 1995

US $99.99 End Date: Saturday Feb-04-2012 6:31:54 PST Buy It Now for only: US $99.99 Buy it now | Add to watch list

US $9.99 (0 Bid) End Date: Saturday Feb-04-2012 6:33:49 PST Bid now | Add to watch list

US $22.95 (0 Bid) End Date: Saturday Feb-04-2012 6:34:07 PST Bid now | Add to watch list

Share on Facebook

Oilers Mark Messier Jersey Retirement Pin Back Button

MIKASA CRYSTAL, VINTAGE SAFARI ETCHED VASE.....RETIRED

US $24.95 (0 Bid) End Date: Saturday Feb-04-2012 6:28:55 PST Bid now | Add to watch list

US $9.99 (0 Bid) End Date: Saturday Feb-04-2012 6:30:12 PST Bid now | Add to watch list

US $30.00 End Date: Saturday Feb-04-2012 6:30:15 PST Buy It Now for only: US $30.00 Buy it now | Add to watch list

Share on Facebook

New Book Explores the Retirement Transition

ATLANTA, GA (PRWEB) September 27, 2005

When retired Atlanta businesswomen Wicke Chambers and Cheryl Stephenson couldn’t find a book to help them through the lifestyle issues they faced in their retirement transition, they wrote the book themselves. Published by Winslow Press – Celebrate Retirement, the Freedom and the Frustrations – is a 151-page softcover workbook for retirees, employees approaching retirement, and their spouses, friends and family. It can be purchased on the web at www.CelebrateRetirement.com.

“By retirement, most people have their finances in order. It’s the lifestyle issues that they trip over,” according to Chambers, retired entrepreneur and co-author of the book. “Many retirees, and their spouses, suffer in silence over losing their identity, figuring out how to fill their time, finding meaningful activities, and adjusting to either full-time matrimony or a full-time single life.”

Chambers and co-author Stephenson, who retired early after years of corporate life, discovered this through personal experience and through talking with other retired executives who participated in five years of “Reinventing Retirement” classes the authors taught at the Emory University Academy for Retired Professionals.

This book is unique because it was written by retirees for retirees –providing an honest, open, authentic voice for the retirement transition. Celebrate Retirement, the Freedom and the Frustrations, not only shines a light into the nooks and crannies of retirement, it contains 25 exercises to help readers work through the transition.

For additional information or a sample copy, contact Cheryl Stephenson at 770-254-8352.

    Publisher: Winslow Press

        Copyright: 2005

        Language: English

    Size: 8 x 10

        Softcover: 151 Pages

        ISBN: 0-9768028-0-5

        Retail Price: .95

    Available through: www.CelebrateRetirement.com

###

Terminal Wealth Dispersion, Life Expectancy and Individual Retirement Accounts

Terminal wealth dispersion is the technical term that describes the variability of the future value of investment portfolios. This inevitable variability means that no one knows what the value of their investment portfolio will be when they reach retirement age or at any time during their retirement. And the uncertainty of individual’s life expectancies compounds this problem.

Hedging against the risks associated with these two factors places an onerous burden on individuals. Although this hedging could result in a very comfortable retirement, if one can afford the hedge and their timing is right, the potential downside risk is so great that it may be deemed unacceptable by many individuals. So one has to ask “Do individuals really prefer to forgo a sure but modest retirement income and play the odds with their retirement savings in hopes of being very well off in retirement?”

With individual accounts, individuals lose the benefit of the pooling of risks. The two risks that force individuals to over-save are investment risk and the risk of living beyond the average life expectancy. In both cases the outcomes, terminal wealth and life span, are highly variable. When the risks are pooled for a large number of individuals over many overlapping life spans, the average outcomes are highly predictable, which is what makes traditional pension plans work so well.

Traditional pension plans exist, for all intents and purposes, in perpetuity. This being the case, they can build reserves during good times in the financial markets and weather the bad times, thus enabling them to make consistent payouts to retirees regardless of the timing of their retirement. Unfortunately, individuals do not get to choose their holding periods or the years of their retirement and must take whatever comes along, and what comes along might be good or it might be bad. Thus individuals must set savings goals that are sufficiently high to hedge against the risk of the average return of an investment portfolio over its holding period falling well short of that which would be expected very long term.

The relatively short duration of individual’s holding periods leave them very susceptible to the effects of market cycles, which are notoriously unpredictable in amplitude and frequency. Being broadly diversified mitigates this risk but does not eliminate it, as it’s entirely possible for a worldwide bear market to occur during one’s holding period. Then at the end of the holding period for wealth accumulation, a second holding period begins, which will be the term of retirement, and this second holding period carries the same risks as the first, but at a time in life when there is no source of income to make up for portfolio under-performance.

The other component of risk that individuals must hedge is the risk represented by the uncertainty of one’s life span, which means that individuals must aim even higher when setting their savings goals. The managers of large pension plans can depend on retirees living on average for only the average life expectancy of employees who reach retirement age. The average life expectancy for someone who reaches the age of 66 is currently 82 years, and 66 is currently the age when workers are eligible for full Social Security benefits, which makes it a reasonable baseline. Based on those assumptions, the average term of retirement would be 18 years and pension plans should only have to be funded to the extent necessary to cover the cost of this average term of retirement.

Individuals, however, don’t know how long they’re going to live, so they must over-save to ensure that they don’t run out of money before they run out of time. This need to over-save is independent of the first need, thus the need to over-save is compounded, i.e., an individual needs to save enough to cover the cost of living well beyond the average life expectancy and the targeted amount of savings at retirement age must be great enough to ensure with a reasonably high level of certainty that the actual amount on hand at retirement is at least the bare minimum necessary to get by on.

A popular estimate of the term of retirement for which individuals must plan is 30 years. Saving enough to cover the cost of a 30-year retirement is a much greater burden than saving for an 18-year retirement, but planning on a shorter retirement exposes individuals to tremendous risk. It also exposes taxpayers to tremendous risk, as individuals who outlive their savings will undoubtedly require some form of public assistance to make ends meet and are likely become wards of the state when they become physically incapable of caring for themselves.

An individual who bases their retirement saving on living to the age of 96 but only lives to be 82 will have forgone a lot of pleasures in life, such as travel, fine dining and better vehicles, that they could otherwise have enjoyed. But many individuals just don’t have the level of income required to support the saving rate necessary to amass the wealth required to hedge against the downside of terminal wealth dispersion and the possibility of living well past the average life expectancy. For them it’s not a matter of forgone consumption, it’s a matter of going through life with the knowledge that they are likely to spend their golden years living in abject poverty and that that will be their reward for 40 or 50 years of hard work. And it gets worse!

Some economists now believe that within 15 years or so, 100% of Social Security benefits will be spent on medical expenses: Medicare Parts B and D premiums, copayments, uncovered expenses and medigap insurance premiums. If that becomes the case, anyone without substantial savings or a defined benefit pension will be looking for public assistance the day after they retire.

With the situation already at this state, adding private Social Security accounts to the mix would be like throwing gas on a fire, as individual Social Security accounts carry the same risks as other individual retirement accounts. Those who have tried to kill Social Security since its inception find private accounts very appealing. But, not so coincidentally, most of them seem to be in the enviable position of not needing Social Security to support their retirement. More recently, younger workers, too, have come to oppose Social Security, but not for the same reason as the traditional opponents. Young workers may be crushed by the burden of social Security and may never receive any benefits from the system. Those who oppose Social Security simply because it’s a social program should be expending their efforts on reforming it rather than killing it.

If Social Security had been managed like a pension plan rather than a pyramid scheme, its current situation wouldn’t be so dire. Indeed, it might very well be a fully funded, functional system. CalPERS and other large public employee retirement plans have operated successfully for decades, with success being defined as being able to meet their obligations, not having an adverse effect on the financial markets, no scandalous events attributable to malfeasance by the plans’ sponsors and being free of influence from elected officials. There’s no reason that Social Security can’t also be managed in such a manner. It would literally take an act of Congress to do this, but the hardest part for Congress would be letting the system run without their interfering with its operation.

Passing off the burden of retirement to individuals was a great deal for corporations but it’s a very poor deal for most individuals, and extending individual accounts to include the Social Security system would only make a bad situation worse. It’s not a poor deal for all individuals because there will be some who can afford to save a substantial portion of their income and whose holding periods will coincide with bull markets, thus putting their wealth in the upper range of their terminal wealth dispersion, and who also live a long, healthy life. They will be the ones who benefit from over-saving and living beyond the average life expectancy, but they may end up forfeiting a portion of their wealth in the form of taxes to support the less fortunate. I don’t believe that is what the public expects from a well-conceived system.

Share on Facebook

One Year to an Organized Financial Life: From Your Bills to Your Bank Account, Your Home to Your Retirement, the Week-by-Week Guide to Achieving Financial Peace of Mind

• ISBN13: 9780738213675
• Condition: New
• Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed

Product Description
Do you constantly feel anxious about money? Have unopened credit card statements piled up on your countertop? Are you forever losing receipts for items you meant to return? In an economic downturn taking charge of your financial well-being is more crucial than ever. One Year to an Organized Financial Life is a unique week-by-week plan to make saving money simple, automatic, and stress-free.For decades, professional organizer Regina Leeds and financial advisor Russel… More >>

One Year to an Organized Financial Life: From Your Bills to Your Bank Account, Your Home to Your Retirement, the Week-by-Week Guide to Achieving Financial Peace of Mind

Share on Facebook

Patrick Roy’s Jersey Retirement [1/3]

The greatest goalie to ever play. thepuckdrop.com

Share on Facebook