Category Archives: Retirement

Is it Time for a Retirement Plan ?

Is it Time for a Retirement Plan ?

Have you ever thought about retirement plans ? If yes, then I am sure few of the questions which surround your thinking cloud are : is it too late/early to start saving for retirement ? or when should I start saving for my retirement ? The answer is the TIME IS NOW !! Not investing now is simply helping you fall the down the ladder of financial independence rather than helping you climb the ladder. Below are a few tips which can help you enjoy your retirement without any hassles :

  1. Do not wait : There is no right time to start saving for retirement. You can start saving as soon as you start earning. The mantra is not to wait and save before you spend. A few bucks now can give you thousands in future. As rightly said by Warren Buffet: “Do not save what is left after SPENDING but spend what if left after SAVING.” Often, wealthy people are the ones who invest first and the ones with money issues are the ones who actually spend first.
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6 Investment Strategies to Generate Retirement Income

6 Investment Strategies to Generate Retirement Income

Last time, on The Amateur Financier, we were discussing the different sources of income when retirement rolls around. There were four that came up, pensions, Social Security, working part-time, and relying on your personal savings. Not to give away and spoilers, but there’s not too much you can do about the first two, and working… Continue Reading

4 Sources of Income in Retirement

4 Sources of Income in Retirement

There’s one major goal that most of us have for the end of our working life: retirement!  Maybe you’ve put in decades at your job, and ready to take advantage of your pension to live a luxurious life.  Perhaps you spent years working, slowly accumulating a small fortune in retirement accounts that you’re ready to… Continue Reading

How to Create Buckets and Buckets of Money

There are many theories out there regarding how to manage your money in retirement, generating enough income to meet your basic retirement needs (and hopefully all those dreams you want to fulfill) while keeping most of your money intact. As you might guess, given the amount of money controlled by retired people, there’s plenty of… Continue Reading