Types retirement a pension and Social Security benefits were once enough to cover expenses during retirement. Today, most people fund their own post-work years with various retirement plans offering tax breaks and other benefits. Here’s a look at the scenarios and factors to consider when you choose a retirement savings plan.
Types retirement locations it’s the prime time of your life, time to reap the fruits of long years of hard work, it’s the time to “shine” under slow paced days and away from the hectic lifestyle of work, it is retirement time. Although a lot of baby boomers these days have opted to take on a different path by staying close to “near work” environments and taking on new challenges and explorations of working in a much diverse field, there are still those who prefer the traditional “retirement” meaning. They discover places through travel, vacations and leisure, and mostly retire somewhere where they could just enjoy years of beautiful days and great sun-filled surroundings.
For those who take on the true meaning of retirement, the choices of retirement locations can be overwhelming offered across the country, all of which may provide everything they need, or the best comfort and amenities they seek. Always determine though, the advantages you will get on every retirement locations and if whether or not it can help you achieve the conveniences you search for in a community. Medical services, facility, maintenance, house, leisure and sports, and of course setting, are some of the things to be carefully looked into.
An increasingly becoming favorite retirement locations of retirees are college towns. Until lately, anyone over 60 seen in a university campus would be mistaken for either a professor or aging alumni visiting his/her college of younger years. Not these days though, college towns’ demographic landscape has changed and many seniors are now mixed among dewy coeds, taking classes or queuing up for cultural contributions and indulging in with energy. A majority of retirees like the easy access to educational opportunities and cultural events to continue expanding their skills and knowledge which has always been of great importance to them. Here are top two on the list of the best retirement locations of such environment:
Las Cruces, New Mexico is obviously selling points for retirees with its spectacular Organ Mountains and the New Mexico State University, two high-tech hospitals, and sponsored cultural scene. What makes this location special is the real hospitality among resettlers and the locals alike. To add to that, almost three hundred days of sunshine very year plus inexpensive housing, the place has definitely boomed over the past ten years and still prices have stayed modest.
Ashland, Oregon draws retirees for its excellent outdoors, views of the surrounding hills, huge network of hiking trails, and easy day trips to the Pacific Ocean, Rogue River, or the Crater Lake. The Ashland Community hospital is a humble facility with seventy doctors on staff, however there is also one nearby Medford which is one of the largest medical centers in the region and boasts a top cardiovascular unit, the Rogue Valley Medical Center. The downside of this place on the other hand, is the relatively expensive housing, but “relatively” is the key term as the houses costs are comparable to homes in San Francisco Bay Area. Other best retirement locations of the same category include Iowa City, Iowa; Brunswick, Maine; and Athens, Georgia.
Types Retirement Party Ideas
Types Retirement is often considered to be a special time of anyone’s life as it brings mixed emotions to the one retiring. And, it also a cause for special parties for the reason that it only happens once in our lives. If you want to make this particular retirement party into a memorable celebration for both the honoree and the guests, you need a few retirement party ideas for which lead to a successful celebration.
A retirement party celebration is important, therefore the more you make your types retirement party ideas extra special. The celebrants may no longer feel as young they used to, but will surely welcome a celebration. So, to give you an idea as to what theme you can use up, Good Old Days would make perfect for any adult party. This kind of theme will relate to the memories from childhood to adulthood. Or, you can have a surprise party, which always happens to be an option and among the unique retirement party ideas as it is not expected at this age, yet brings the most fun to everyone. Whatever you decide on, make sure that your retirement party ideas will turn out to be an event worth remembering.
To set up a retirement party that will turn into a huge success, here are some quick tips and retirement party ideas that you might find very useful.
- Retirement Party time – the time set for the party tells gives the guest the idea what to expect. Let’s say, 5:00 pm – this means food will be served as it is towards the dinner time and 2:00 pm is in between lunch and dinner, so food is not expected.
- Invitations – you can either make your own or purchase ready-made invitations that match with the theme and be specific. Make sure to state clearly what guest should look forward to. For example, Open House – Please drop by between 2 to 4 pm, Cocktail Party – join us for drinks and snacks from 5 to 7 pm, Potluck – Please bring your own dish for dinner at 6 pm, Surprise Party – Park your car away and help surprise John Doe with a buffet celebration.
- Guests – contact old school friends, co-workers, old friends, and let them in on the celebration.
- Part Theme Ideas – choose a theme that suits perfectly to the celebration or the personality of the celebrant. Some of the choices you may consider are Golden Oldies, Medieval Celebration, Let the Countdown Begin, Secret Mission Impossible for surprise party.
Have a camera ready to capture those moments worth the shots, which create lasting memories that one can review over and over. Make sure that everybody gets their share of fun at the party, most specially the retiree. This retirement party happens only once and there will never be any repeats. In other words, setting up this celebration is worth all the effort! Make a difference on someone’s retirement by throwing them the kind of party that will never be forgotten.
Types retirement planner a secure and comfortable retirement is what everybody dreamed of having. And since we live longer, have healthier lives, we expect to spend more time in retirement than our old folks. So, to be able to achieve this dream, you need to plan your finances the best way you possibly can. If you think you need the help of an expert, look for the right retirement planner. And if you are, you should consider a retirement advisor who has the qualification to do the job right. How? Learn to select the right retirement planner specially trained in your area and someone who has the expertise in the financial issues faced by many retirees at present. Make sure that they have the following knowledge about:
- Methods to increase and stabilize your monthly retirement income
- Asset protection strategies and risk minimization
- Income tax reduction
- Long-term health protection
- Methods to increase and stabilize your monthly retirement income
- Review and insure adequate insurance protection such as property, auto, health, long-term care, liability, and more
- Senior financial estate planning review and recommendations like trusts, asset division, IRA distribution tactics
The familiar concern that most retirees are facing when considering any assistance from a types retirement planner is how to find someone you can trust. That is really a big issue, isn’t it? Well, almost all of the consulting firms offer you everything like their expertise, certification, and more. But, to whom will you hand over your trust? Making decision like this isn’t easy, but it is advisable to hand over your trust to qualified retirement advisors who have proven to do their job perfectly well, which is also one way of playing safe. Or, you can ask some friends, who have done the same things, on who they can recommend.
Certified retirement planner graduates have further training in retirement income sources, retirement planning, financial estate planning, and know about all of the resources for senior citizen financial help and elderly. All of the certified retirement planners have the potential and competence to help you prepare a retirement plan, advise you on your retirement funds and retirement savings, and guide you with the retirement investment. So, if you think you have difficulty learning all you have need to know about your financial management and retirement planning, a trained and experienced retirement planner can have an effect between a comfortable retirement and outliving your money.
Living the kind of life we want to have during our retirement years, is not that difficult if we start planning on our finances earlier. But, it won’t hurt if we seek the expert advice from retirement planners, would it? In order to let your golden years pass by living freely, let the retirement advisors do the work for you!
Retirement Planning Management
For some, the idea of retirement is frightening and challenging. They start to think about facing the prospects of retirement and tend to shake a little on the thought of their usual day to day hard work life suddenly interrupted, and the need to fill the hours of the day with things to do, leave them deeply concerned. Although most retirement focus is on financial well being through the coming years after retirement, dreams of holidays and travel dominate nearly all of retiree’s top activities. So how does one take out the entire dilemma? It’s just a matter of advance retirement planning management.
Even if it seems that retirement is in the distant future, it is always never too early to start retirement planning management, to enjoy it and finance it. Retirement planning management starts with planning for retirement before time, consider how you want to live and where, and of course calculate how much money would possibly be needed.
Always include in the plan the possibility of living longer than presently expected, embrace the likelihood of being on a fixed income for as long as twenty to thirty years. Then create a financial plan either with a certified financial planner or just by using computer software such as Intuit’s Quicken, don’t forget to include your Social Security benefits. Financial planning included on your retirement planning management will help you figure out how much money to be invested for retirement on a standard basis.
Make payments to funds weekly, monthly or annually to your employer’s 401 (k) plan or SEP-IRA, and be sure to think about a Roth IRA or a standard IRA if you are eligible. Settle major debts such as college loans, home mortgages, and other important cash-flow drains as soon as you can. If you are unable to pay debts, put some payments towards the debt and some for a savings plan. Reducing credit card and high interest debt through taking out low-interest line of credit or loans is a good retirement planning management.
Reduce your discretionary expenses and try to live on a fixed income as you approach retirement, alter your asset allotment based on spending guides. If you’re expenditures exceed your asset earnings, then consider lowering expenses and taking more risks in hope of increasing your returns. Seek for advice.
Also include in your retirement planning management the allocation of retirement investment money to a combination of bonds, stocks, and cash according to the advice or research of professional investment counselors. Always know your limit for risk taking and plan accordingly.
The right approach towards retirement even in the years before that time would always bring greater benefits in the end. Retirement planning management is all about looking into things that would matter most in the future and preparing for these things the right way.
If you think that you will be financially secure when you decide to retire just because you invest in a retirement plan, think again! Did you know that there are common mistakes on retirement planning that you should know about in which you can also use as a guide to reevaluate your status? If you are making these mistakes, you could be in a big trouble.
Here are some of the mistakes of retirement planning:
- Not taking full advantage of your company retirement benefits – it is wise that you invest money into your company retirement plan as much as you can afford.
§ Withdrawing money from your retirement plan – Be very aware when availing of loans or withdrawals, because aside from losing interest, you could face penalties or early withdrawal fees.
- Not actively monitoring your investments – it is extremely important to keep track of your investments in order for you to be aware of any discrepancies.
- Relying on Social security for your retirement income – social security may provide a considerable share of your retirement income, still it can be of great help if you have other means of income as a back-up in case there are other unexpected expenses that might come up. In addition to social security, it would be best if you have a company pension or retirement plan and personal savings.
- Relying on your spouse’s retirement plan – this is one of the most common mistake of retirement planning people do. It is possible that a spouse with a retirement plan could die leaving the other spouse with no income. Instances like divorce or illness can also bargain the only spouse retirement, therefore both spouses should have a separate retirement plan to best secure your retirement days.
- Forgetting to review your plan regularly – always conduct periodic review of your retirement plan to ensure that you are making the most of your plan.
- Practicing poor asset allocation – poor asset allocation can sometimes be a financial suicide. The secret is to broaden your horizons so that if one investment decreases in value, another will hopefully increase.
- Not checking your booklet/financial advisor- there are plenty of highly regarded brokers and financial advisors who have the expertise about how your portfolio should be set-up and maintained, but there are also who aren’t and are simply ill informed. So, be aware and make sure to check up on credential and track records on anyone you wan to entrust your retirement savings.
- Relying too heavily on your stock – your company stock is one of the excellent ways to save for your retirement. But, it is also best to have a good investment mix in your retirement account.
- Not taking retirement planning seriously – this could be the worse mistake you can make with your retirement plan. If you start early on retirement planning, you may be able to retire early and keep the lifestyle you like once retired.
Have you heard or read about retirement poems? Actually, those poems are not only intended for retirees, you know? And, did you know that you can find numerous retirement poems on the internet? Yes, you can! But unfortunately, some of them are not for free. Those that are for sale are usually beautifully framed and laminated already. Considering the over-all package of the retirement poems that are sold over the internet, you can say that it’s worth every penny spent. For what it’s worth, they can make perfect gift ideas if you know anyone who retired already. What do you think?
However, you can still count yourself lucky, because there are available retirement poems that you can access and read free of charge. If you are not that fond of collecting framed poems, then free retirement poems are for you. There are short and long retirement poems, and even humorous ones. Mostly, the messages that these poems convey pay tributes to hardworking individuals who had done their best on their respective jobs.
Here are some examples of retirement poems that you can avail for free over the internet:
That day long awaited, when it came at last,
is now almost a year and a half past.
“How’s retirement going?” people ask,
if they only knew it has become a quite task,
Missed are the friends I saw on my trips,
Even the griping that came from their lips.
Golf is still great, but about the third tee,
Comes a warning from my arthritic knee.
Now it is bowling and I throw the ball well,
For some unknown reason my average fell.
The old sideline business is going well,
Through the things that are bought are still hard to sell.
The memory’s worse, it was so so,
It must be true, it’s the second to go.
My wife, Pat, says I get in her way,
But lucky for me she wants me to stay.
Republicans took over congressional seats,
Now they promise amazing feats.
Right-wringers say there is a lack of paternity,
Fears are they will cut our social security.
There are things to do and places to go,
But not today, it’s starting to snow.
James R. Ryan (my grandpa)
May the years of your Retirement,
Be the rich rewarding kind,
And may there be no limit to,
The happiness you find.
With honesty and dedication,
You pledged to protect and serve.
Using courage and compassion,
Your community you did preserve.
May the years of your Retirement,
Be rich rewarding kind,
And may there be no limit to,
The happiness you find.
A Teacher is…
Someone who is wise,
Who cares about students and wears no disguise,
But is honest and open,
And shares from the heart, not just lessons from books,
But life where you are
A teacher takes time to help and tutor,
With English, or Math, or on a computer
It’s someone who is patient, even in stress,
Who never gives less that the very best.
Roads to travel,
New horizons to explore,
And new dreams to call your own.
Retirement brings the time and freedom
To follow your heart
And pursue new interests.
May it be a season of contentment
And happiness for you.
As you Retire
As you retire,
Keep a firm grip on your perspective toward life,
Life is not measured so much by the quantity of days
But by their quality,
Bring your all to bear upon the coming days of your life,
So that each day will be the fulfillment of a hope, a dream..
Fill your days with beautiful memories and joyful moments.
Don’t retire from life, but continue to experience all that life has to offer.
As you retire, share your wisdom and your knowledge
See the gift of retirement as a gift of new horizons.
May laughter light your days
And good times never part
May happiness fid you always
And keep you young at heart.
Eat, drink, and be merry,
Play hard, have lots of fun
Here’s to your retirement,
For life has just begun!
Types Retirement Quotes
Types Retirement is one of the celebrated moments of anybody’s life and a stage in which brings so many emotions. You can ask anyone how they might feel about retirement and majority of young individuals and old alike will see it as the time to relax, enjoy and be happy for the remainder of their golden days. Although, there are some who might feel otherwise, but one thing for sure, retirement will always be something to look forward to, at least for many. This maybe is the reason why many poems, sayings and quotes are made known to pay tribute to retirees. All these quotes are taken from different people’s idea and feelings about the time when work is no longer a part of daily routine.
Types Retirement quotes that you can find in books or over the internet are shared by those who already had their own experience of what retirement entails. These quotes serve a lot of purpose. In fact, you can use them to be included in your retirement speech or to be written on your invitation card for a retirement party. Or, you can just simply read them to get inspiration for they are surely fun to read and you can get wisdom from them, as well. Some retirement quotes are humorous enough to make you smile. You may say you are not that crazy about them, but once you start reading even one quote, you’ll find out how interesting and amazing it is to know how people see and understand retirement. Not convinced? Well, I can’t blame you for I, myself, wasn’t that exited when I first decided to read some, probably because I didn’t know what to expect.
You can never be too young or too old to take pleasure in reading retirement quotes. To fully understand what I am talking about, why not try reading them. The secret to enjoy reading depends on the material, right? So, if you enjoy business, entertainment, and lifestyle issues, by which relates only to present issues, there’s no reason why you can’t like retirement quotes when in fact they concern the future – your future! Here are some examples of retirement quotes that you may want to share with your colleagues, co-workers, and friends:
Retirement is wonderful. It’s doing nothing without worrying about getting caught at it. – Gene Perret
There are some who start their retirement long before they stop working. – Robert Half
The question isn’t at what age I want to retire, it’s at what income. – George Foreman
Retirement means no pressure, no stress, no heartache…unless you play golf. – Gene Perret
I’m retired – goodbye tension, hello pension! – Author unknown
The challenge of retirement is how to spend time without spending money. – Author unknown.
Sooner or later I’m going to die, but I’m not going to retire. – Margaret Mead
It is a time I stepped aside for a less experienced and less able man. – Scott Elledge
Types Retirement Sayings
Types Retirement sayings serve a lot of purpose, especially to those about to retire and retirees alike. Even though it is expected that retirement is another stage in your life where in you can be freed from the pressure of your demanding, yet so dearly loved work, you can’t take away the fact that it can be a little depressing. When you are depressed, inspirational words such as retirement sayings, which always relate to any retirees’ life, can help lighten the heavy feelings in your heart.
If you want to look for inspirational retirement sayings to read on and to keep you from boredom, papers, books, or magazines are not only the places you can dig up some, but over the internet as well. In fact, there is wealth of famous retirement sayings featured online. For example,
Types Retirement is like a long vacation in Las Vegas. The goal is to enjoy it the fullest, but not so fully that you run out of money.
- Jonathan Clements
Retired is being twice tired, I’ve thought
First tired of working,
Then, tired of not.
- Richard Armour
If you don’t want to work you have to work to earn enough money so that you don’t have to work.
- Ogden Nash
Retirement sayings can also be used in your retirement speech if you try to share some words of wisdom. For all you know, many retirees rendered speeches that include two or more of their favorite sayings. You can do the same thing, too.
But did you know that retirement sayings, as serious as retirement itself may sound, can also be humorous? Generally, sayings are supposed to give us wisdom, it’s just remarkable to know that words of wisdom can also be put in a certain way where in it comes out truthfully amusing. Here are some of the funny retirement sayings that will surely bring smiles to your lips.
Retirement at sixty-five is ridiculous. When I was sixty-five I still had pimples.
- George Burns
The trouble with retirement is that you never get a day off.
- Abe Lemons
When a man retires and time is no longer a matter of urgent importance, his colleagues generally present him with a watch.
- R.C. Sherriff
When a man retires, his wife gets twice the husband but only half the income
- Chi Chi Rodriguez
A retired husband is often a wife’s full-time job
- Ella Harris
Retirement: World’s longest coffee break.
O, blest retirement! Friend to life’s decline-
How blessed is he who crowns, in shades like these,
A youth of labor with an age of ease!
Isn’t it amazing to know how amazing types retirement sayings can be, especially when they are full of humors and at the same time full of wisdom? If you find these sayings funny and inspirational, I would suggest that you do it more often. Or, if you know anyone who has just retired, you can send some of the retirement sayings to them and see how these sayings can make them smile.
Types Retirement Speech
Rendering speech, especially in front of many people may be the last thing you can think of doing, but when a situation calls for it, you better be prepared. Getting nervous reading your speeding in front of many people is fine. There are plenty of people who get nervous giving speeches, which mean you are not the one who went through the same experience.
When you retire, make sure you have your retirement speech ready months before your retirement party so as to familiarize every line of it, because you will not be spared by your colleagues to give one. You should know that a retirement speech is important for this will give you time to say parting words to co-workers or friends before you move on to new chapter of your life. It can also be your chance to remember the experiences you have had over the years and remind others of those good times you might have together.
Although you can now get retirement speeches ready-made over the internet, you may give a retirement speech that is very well common, worse yet, someone might notice. There are lots of things you can write about on this type of speech. You can write about your feelings towards retirement, may it be happy or sad. Or, maybe you have big plans now that you have more free time and want to share them with the audience. Things like these can be included in your types retirement speech.
Making your own original speech may need a little help. Follow these simple, yet effective tips on making and giving your retirement speech. These are secrets to the success of giving a retirement speeches. You may think that talking in a large audience is very easy, may be to some people, but definitely not to everybody. So, in order to deliver the best speech you can, you have to:
- Know your material – practice until you do it in your sleep.
- Know your audience – you will be talking to people you’ve known for some time, so it helps if you write your material accordingly.
- Know your room – you can improve your chances of giving a good speech if you arrive earlier and familiarize the room’s layout.
- Have someone record you practicing your speech on camera. There is no more ruthless or helpful than an ordinary camera. Play the video and review it in fast-forward as little nervous gestures stands out more sharply.
- It also helps to remember that the audience wants your retirement speed to succeed. Improve your advantage by greeting as many people as you can for this will give you a good feel for the audience and help you feel that you’re among friends.
It doesn’t matter if your retirement speech is long or short. You can write whatever you are comfortable with for as you share the things you think are important and that is all that matters.
Types Retirement Strategies
A lot of people imagine retirement as a time when they can finally do all the things they’ve been postponing for one reason or another. A number look forward to traveling and exploring exotic places or spending more time with their loved ones. Others plan on starting their own businesses or a new career in a completely diverse field.
Whatever retirement denotes in a person, each and everyone one of them is going to need money to fulfill their dreams. But will benefits from their Social Security, or employer-sponsored retirement plan, or personal savings be adequate to allow them to achieve their goals? When to retire is a critical decision because timing will really affect the amount of benefit they will need and will resolve the options available to them, that is why approaching retirement with the right retirement strategies can help a lot.
People most of the time talk about retiring earlier or later than age sixty-five, which is until recently the full Social security retirement age to get maximum benefits. However, sixty-five is no longer normal retirement age, less than eleven percent of members’ age sixty-five began receiving lifetime income from their TIAA-CREF retirement annuities in 2001, compared to 1981’s twenty-nine percent, the more reason for excellent retirement strategies.
Although with advances and healthier lifestyles, life expectancy is at its peak, however, one usual mistake of retirement strategies is underestimating how long one lives. Unless one has a critical health problem, one should assume that they’ll need income for at least twenty to thirty years, while at the same time considering the effects of low levels of inflation on their purchasing power. So as you plan for types retirement, use this retirement strategies as a guide:
- Look into your life expectancy, the longer you live the more money needed.
- Approximate how much money you’ll need in retirement, estimating retirement expenses to about eighty percent of expenses before retirement is suggested, if you plan to travel a lot, then you’re going to need an additional ten percent.
- Compute a balance sheet to assess assets and liabilities which you will have accumulated by retirement.
- Make an educated guess on your retirement income sources such as Social Security benefits, retirement accounts and pensions, investments, personal savings, and income earned before retiring.
- Live a modest lifestyle. Working hard today towards saving now will achieve goals of retiring sooner, although it means making a few sacrifices, it will pay off in the long run.
- Make the most of your tax-deferred and tax-free savings opportunities.
- Invest constantly.
- Finance your traditional Roth IRA to its fullest.
- Speak with an experience financial planner about your objective and the best way to reach them.
- Take some risks and expand your stock range.
- Compute for how long your investments will double.
- Get all other paper work in order.
The right types retirement strategies will help one to have a better way of living after retirement, a few sacrifices may be made but it will all be worth it.