Retirement Calculation – How Much Money Do You Need?

Retirement is the big dream for most Americans. Putting down the ax and calling it quits from the grind stone is every hard-working persons’ ultimate goal, save those rare occasions when an individual would like to work until death. What are the actual numbers behind what make this dream a reality though? The answer is closely tied to how you want to spend your retirement. There are endless options ranging in price and depending on your wants and needs.
Retirement calculation will help you crunch these numbers, but ultimately, you must ask yourself what kind of life you want to live. For instance, some people’s ideal retirement is just to maintain mortgage, taxes, food, health care, and other essential living expenses, while saving for end of life costs such as hospice nursing and a decent funeral service. If you are the creator of a large or small family, you may also want to consider leaving your loved ones something behind. A retirement calculator can help put all these numbers into perspective by adding your expenses and subtracting them from your annual allowance or projected lump sum.
Still other people have more extravagant retirement plans which can still be surprisingly affordable: purchasing a small piece of land in a tropical paradise, selling the house to buy a dependable RV to travel away the rest of those days, or even relocating to Europe or some other country you have always admired.
You may want to think about budgeting carefully if you are a luxurious spender. Money goes so fast. Whatever budget you create, extravagant or frugal, just remember to stick to it, and also, plan to live until 100, better to over shoot than under estimate. If you are lucky enough to have a job with a retirement plan, it is highly recommended to NOT cash out early, no matter how appealing this option may seem. After all, that money is for the future! Be patient. Try to forget it exists.

15 Best Jobs After Retirement

Most of the people during their working years dream of taking some time off and plan to go on a vacation, play golf, or just relax and spend time with their loved ones. However, when retirement comes, many of us may actually miss that work. There can be thousand of reasons to continue working during your retirement years. It can be because you want to stay healthy, both mentally and physically, you want some extra source of income, or you simply want to remain productive and engaged.

No matter what your reasons are for working in your golden years, whether monetary or other reasons, we can help you find a job after your retirement. Just go through our list of the 15 best jobs after retirement, and find the one that suits you the best as per your post-retirement requirements. Have a look.

15 Tips To Stay Happy During Your Retirement

Everyone pictures their retirement as a lovely vacation, where they can get up late, travel to far off places, play golf, and spend time with their family and friends. There’s nothing wrong in such a visual escapade. After spending your whole life making money, you want to use that money during your retirement years. But before that, you need to plan your retirement accordingly. Spend less, save more, and enjoy a happy retirement life.


Nevertheless, money is not the only thing that can assure you of a happy retirement life. While a huge nest egg may make you happier to some extent, there are other important things too. Just the freedom to do whatever you like can suffice everything. And, even if you have not taken the necessary steps for your retirement, you can take them in your golden years. As they say, “It’s never too late to start over”; now also you can make adjustments to your lifestyle, accept the reality, and move on. Go through the 15 secrets of a happy and comfortable retirement life and utilize them when you retire.

15 Ways To Get Rid of the Middleman in Your Retirement Plan

There are various types of retirement plans offered by different financial institutions. Among so many, you need to choose the right one for yourself. The plans can vary depending on the needs of the individuals. IRA (Individual Retirement Account) or 401(k), all have distinct features. Many people take help from intermediaries, when devising their retirement plans. Moreover, the hidden costs in several retirement plans are overlooked. Both the intermediaries and the hidden costs amount to a great amount that you may not even realize until you calculate how much you are paying for them. They can filch your nest’s egg in many persistent ways. Over time, these fees increase, resulting in a decrease in your retirement savings.

In order to save you from these money eaters, we have come up with a list of 15 ways through which you can get rid of various middlemen and hidden costs in your retirement plans.

15 Celebs Who Retired From Hollywood for Good

When we think of the world of celebrities, we think of beautiful people who make millions of dollars every year, live in mansions with maids and staff, fly in private jets, and, in general, live happier lives than the rest of us. And while there’s no denying that Hollywood offers big perks, those perks come at a price, one that is too high for some celebrities.
For this reason, or simply because they no longer enjoy being famous and want to pursue a different line of work, some celebrities choose to retire and completely walk away from it all.

Jack Gleeson

Jack Gleeson is best known for his portrayal of Joffrey Baratheon in the hit HBO series Game of Thrones. But despite the show’s success and his new, budding career, Gleeson has chosen to retire from the spotlight for good because, as he says, “it’s just not fun anymore.” Gleeson is now focusing on his studies and getting his graduate degree.

14 Child Stars Who Retired Surprisingly Early

Most of us dream of being able to retire early. We watch the clock tick slowly by imaging being on our own house boat in Nova Scotia or golfing the greenest greens in Scotland, or running a vineyard in Tuscany. But while we can only dream of retiring early and doing whatever we want, some people actually do it.
The following child stars retired very early from the spotlight and the promise of big paychecks. It’s hard to imagine what was going through their minds, why they would want to walk away from it all and leave behind such a lucrative career.

5 Ways to Avoid Running Out of Money During Retirement

Many people make the mistake of not thinking about their retirement nest egg until it’s too late. Or worse, they assume they will simply live off of their social security payments and all will be well. Sadly, many seniors who are currently trying to live off of their social security payments are struggling and barely able to make ends meet. On top of this already dismal news, there is constant talk from both sides of the political aisle of cutting social security benefits even farther. The bottom line is, you can’t depend on these payments to get you through your Golden Years. You’ve got to be proactive now to make sure you have enough income set aside.
Here are 5 ways you can avoid running out of money during retirement.

10 Ways to Increase Your Income in Retirement

If you’ve been saving for your retirement for any amount of time now, you know it can be difficult. And you may have even found yourself discouraged at some point when you realized exactly how much you would need to save in order to live comfortably in your Golden years. If you wish to receive $40,000 of income each year in retirement, then you would have to accumulate $1 million into your retirement account. And that’s assuming you use the 4% safe withdrawal rate through retirement.
For most people, saving $1 million is simply out of their reach. But there are other ways to increase your retirement income.

Increase Your Social Security Benefit

The average Social Security benefit is modest but you can increase your payments simply by working longer and earning more during your working years. You can also delay claiming your SS payments until you’re a bit older, this will increase your monthly payments. For each year you delay, the payment will increase by 8% per year until you reach the age of 70.

Retiring Soon?: Don’t Live In These 10 States – 10 Worst States For Retirement

You’ve spent the last 20 years or so daydreaming about retirement and part of that daydream included moving to a warm state where you’ll never have to shovel snow again, or maybe even just moving closer to your kids and grandkids. And while you deserve to move where you’d like – after all – you’ve been working your butt off and it’s your time to do what you want, you should be aware that some states are friendlier to retired people than others. When you relocate, you should look beyond climate and consider if the state has high taxes, a high cost of living, is safe, and has a strong health care system.
With these considerations in mind, here are the absolute worst 10 states for retirement.


You’d think Oregon would be a great place to retire, after all it’s considered one of the happiest states in the nation, and it’s easy to see why that would be. With the ocean and rugged shore line, beautiful dense forest and numerous craft beer breweries, it seems like paradise. But Oregon has the seventh-highest cost of living in the nation, making it hard for those on a fixed income. The state also has high taxes, above the national average, and weather-wise, if you like the sun, you won’t love Oregon.