It’s good to dream big when setting your retirement goals. Dreams are where all adventures start. I find many people start at “reasonable” when setting retirement goals. They settle right from the start. Don’t do this. If you have a dream of relocating for retirement explore it.
Read MoreWhere is your focus? Is it on a potential bump in the road or achieving the life you want for your family? Build a plan based on sound principles, execute faithfully, adjust along way and enjoy life.
Read MoreOnce you’ve learned to save it’s important you learn how to use your savings wisely. Not spending it is only half the battle. Deploying your savings wisely puts it to work so you can move towards the goals you've set. You work hard for it, make sure it works hard for you.
Read MoreEverywhere we turn we hear about inflation, longevity, healthcare costs, market risks and other retirement boogie men. The fact is you'll never be able to do enough to secure a risk-free retirement. Even billionaires aren't safe (seriously, Google it). So, we need to chill out a bit. Your retirement years aren't supposed to be full of stress. It's a time when we can work and play on our own terms after having completed a career of work and raising kids. Instead, for many, it's become the most stressful time of their lives.
Read MoreRecently presidential candidate, Hillary Clinton, talked about the rise of the gig economy. Although she focused on the potential downside of freelance work, the gig economy could be a huge benefit for those looking to create a great retirement.
Read MoreMost baby boomers grew up with a script: college, career, marriage, house, kids, college, retirement. It can be a great life, but it's not the only one.
Read MoreTraditional retirement planning does not work for most of us. It focuses too much on things we cannot control like the investment markets and the economy. It presents us with two crappy options: settle for less now so that we can save more, or plan to settle for less later. Harry Coleman examined these options and picked, “None of the Above!”
Read MoreTwo weeks ago, I posted here that I was starting the Whole Life Challenge. So far, it's been a great journey. I'm committed to investing in my health so I can do all that I can to be active during retirement. Here's my progress so far.
Read MoreYou can prepare for your retirement transition years before it occurs. In doing so, you can do your best to avoid the kind of financial surprises that tend to upset an unsuspecting new retiree.
Read MoreToday, I weigh more than I ever have, 198 lbs. I'm not fat, but I'm not fit and I feel it. At 48, I want to do whatever I can to set myself up for a healthy life. When my friend Darrell told me he signed up for the 2 month Whole Life Challenge I was intrigued. So on Friday, I took him out for a beer (you'll learn why in a second) to learn more.
Read MoreThank you for all the questions and comments after segment one of Can Carl Retire?: Step 1, Dream Up Your Ideal Retirement. I'm answering each one personally and encourage you to keep them coming. Together we can work together to jumpstart our retirement plans in 2015. Here are a few of the questions that came in this week.
Read MoreToday someone said to me, "There's no way I can save enough to retire. How should I manage my finances to so I can live well today and still plan for tomorrow?" Awesome question!!!
Read MoreI hope you all had an enjoyable Thanksgiving with your loved ones. Christmas giving has always been hard for me. Don't get me wrong, I love to give gifts. I think it's the pressure of Christmas giving nowadays. It has become a simple exchange of goods; a transaction forced upon us by the constant avalanche of Christmas as consumerism advertising.
Read MoreIt seems each year people (including advisors) forget to take Required Minimum Distributions. That's bad. If you are required and forget, the IRS penalty is HUGE. By HUGE, I mean 50% of the amount you should have taken out. Ouch.
Read MoreThis Tuesday the folks at Money Tips will be hosting a Twitter Jam to discuss retirement and answer your questions. This should be a blast so bring your retirement saving, planning and investment questions.
Read MorePrepare to learn from these very frightening retirement planning stories.
Read More If you’re in your 40s or 50s you’ve probably started to wonder when you can retire and what your retirement lifestyle might look like. You’re ready to be free from the set schedule of work and have more control over how you send your days. You’re ready to spend more time with your family and travel more. Maybe you’ve even played around with online calculators to see what your retirement might look like.
If your family is considering retiring to a different state, there are some important planning items to consider. To help you, I've added a new worksheet to the Retirement Answer Library titled Retiring to a Different State.
Read More"How do I choose long term care insurance?" is question many baby boomers are wondering as they near retirement. This week, I've added a worksheet to the Retirement Answer Library to give you the basics. You can access it here.
Read More
![Retiring to a Different State [Worksheet]](https://images.squarespace-cdn.com/content/v1/5b2a75ccaa49a134de1a656d/1535034430917-F7BC2AEO1T95L5XG7HW3/2.+Podcast+logo.png)
![How Do I Choose Long Term Care Insurance? [Worksheet]](https://images.squarespace-cdn.com/content/v1/5b2a75ccaa49a134de1a656d/1535034514778-AJ50F7IXZRRDJMCT1UAE/2.+Podcast+logo.png)