Successful Retirees have these 7 Habits

Some people seem to have better money management habits than others and only a few are able to take their effective financial strategies to retirement.

Unfortunately, most of us were not told that: starting to save for retirement from our first job will be our first stepping stone towards financial freedom.

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Busted: Five Retirement Myths

Many boomers nowadays are starting to have retirement concerns, especially because many of them are nearing retirement and they are not confident that they can be financially independent once they retire. The biggest fear they have is outliving their savings due to the risk of dealing with a health and long-term care event which can be financially devastating.

The sad part is: many are frightened of retirement because they were not able to prepare for it sooner or at all. While some people were able to put away a significant amount, they forgot about inflation. What they estimated would last them for twenty years may only last for ten or less.

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Five Practical Ways For Boomers to Stay on Budget

Creating a budget is the first step to proper money management, but what’s more crucial is being able to stick to it. Baby boomer are trying to save for retirement and future long-term care expenses, however, their efforts seems useless as they are still falling short of their budget. If you're struggling to stay on budget and still finding yourself financially short towards the end of each month, here are five tips to help you.

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Boomers Delving Into Possible Future Issues, Are They Prepared For The Unthinkable?

The realities of baby boomers entering into retirement is no longer a simple matter, whether you are a few months, years or decades away from retirement, we should expect the best and worse case scenarios. Baby boomers should expect longer but not necessarily healthy lives, more expensive cost of living. market uncertainty, health and long-term care cost  and inflation.

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Boomers Retirement Years - Happiness Beyond Financial Security

Times were, when seniors have the feeling of excitement brought about by retirement, but in present times, retirement seems to cause fear, anxiety and worries among baby boomers. Inflation, uncertain market condition, health and long-term care cost are just some of the few things that concerns boomers who are already in their retirement. People in their retirement only finds happiness and satisfaction when they have financial security. So, is retirement all about money?

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Baby Boomers - Where Are You Going To Spend Your Retirement?

In one of my previous blogs, I have discussed why boomers should not rely on "Best Places to Retire List" which is usually available online, you just need to type it on search engines and you'll get hundreds of suggestion even from famous online magazines and website. But if you are already in the process of choosing the best spots for your retirement, how are you going to determine the best place for you?

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Protecting Adult Children From the Impact of Baby Boomer's Aging

With more than 70 million baby boomers, the aging population is expected to have a dramatic impact on the country's economy as they are expected to live longer and a vast majority of them are unprepared for retirement, these large number of seniors will soon be taking money from retirement account such as social security and IRA. As they make up a large portion of the population, moving into old age would seem to be another challenge not only for the US economy, but for their adult children as well.

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