Rival Theories to The 4% Withdrawal Rule Keep Popping Up

Category: Financial and taxes in retirement

May 30, 2015 — One of the most important subjects about retirement is how much you can take out of your retirement funds. Withdraw too much too soon, and you run out of money for your old age. Take out too little, and you shortchange your fun – plus leave more than you intend to your relatives and/or the government. This article will explore some new competing theories to the popular 4% rule, which has long been viewed as the gold standard for retirement withdrawals.

One of the key assumptions about the 4% rule, which theorizes you can almost always withdraw 4% of your retirement savings every year without danger of exhausting them, was that your investments would at least earn something close to 4% over the long haul. The so called 4% rule is credited to (more…)

Posted by Admin on May 29th, 2015

10 Funky Towns in Florida for Retirement

Category: Best Retirement Towns and States

May 18, 2015 — When you think Florida, is your image one of a north-south string of strip malls, punctuated by boring developments full of old people? If so, you would not be alone. But we are about to show you that Florida has more than its fair share of interesting, offbeat, even funky towns – places that completely defy the stereotypes. While they might not be for everyone, they might be just the place for some boomers looking for a retirement location that matches their personality. This is Part 1 of a series; you can find even more funky FL towns in Part 2.

First of all let’s define what we mean by funky (and we realize you might have a different (more…)

Posted by Admin on May 26th, 2015

Pets and Your Golden Years

Category: Family and Retirement

May 23, 2015 — Americans are crazy about their pets. There were 164 million pets in the U.S. in 2012, according to the Humane Society of the U.S., with about 62% of households having a pet. Pet ownership for retirees, however, is a little different than it is for younger Americans. The Retirement section of the New York Times recently did a feature, “Pets of the Golden Years“, which profiled some of those differences. This article will highlight some of the issues that affect retirees and their pets (see end of article for our previous articles on this topic).

Some differences
For starters, a smaller percentage of retirees own pets than (more…)

Posted by Admin on May 23rd, 2015

Midwest Dominates Most Affordable Housing Markets in USA

Category: Retirement Real Estate

May 15, 2015 — Looking for a place to retire where your housing dollar gives you the biggest bang? If so the National Association of Home Builders/Wells Fargo Housing Opportunity Index, which ranks U.S. metros by housing affordability, might just have your answer. All of the top 10 most affordable markets are in the Midwest or Northeast, not such great news for retirees looking to retire in warm weather. The price of homes in these Metros ranges from a low of $75,000 (Springfield, OH) to a high of $105,000 in Sandusky, OH. Another problem with these “most affordable” Metros – none of them has inspired us enough to write them up as interesting (more…)

Posted by Admin on May 15th, 2015