A friend of mine retired to Costa Rica from northern California at the age of 40. He lives in his debt-free small hotel, which is run by his hotel manager. He enjoys a healthy life eating his fill of fresh fruit and seafood. By moving to the Southern Caribbean part of Costa Rica, which is one of the world's best retirement destinations, he was able to afford early retirement.Four years ago, he sold his Northern California home at a small profit....more
Last month, I was invited to make a presentation to a local Rotary club about trends in real estate and the economy. This was no dog and pony show with an eternal happy face. On the contrary, I warned the audience early on that, if they get easily depressed, this would be a good time to take their medication. In my opinion, there is very little of which to be optimistic about either the U.S. economy or real estate.Toward the end of my...more
The recent global financial crisis have made us think of various innovative ways to fight against monetary issues and deficiencies, apart from taking help of debt relief companies and their debt cure options like Debt settlement, credit counseling etc. Till date we have taken help of many known and renowned options like debt consolidation and debt management to tackle our debts, but how many of us actually spare a thought in comprehending our money psychology and behaviorisms that compel us to either make wise actions towards proper investing and making money, or make mistakes regarding the same! Knowing the psychology behind our financial investments and how personality traits influence our investment portfolio can actually change the way we invest in low risk mutual funds, medium-to-high risk stocks and bonds, or our companys 401K plan. Lets discover how personality traits affect money habits:Research and observations state that we somehow inherit our parents financial attitudes and investment styles. Whether our parents invested in real estate, or they liked mutual funds or they put their money in a secure low-interest savings account, defines to some extent our drive and...more
An average worker from the middle class is bound to suffer a retirement income shortfall after quitting the workforce. This is mainly because he or she has only been able to save 7% or less of his or her projected nest egg, and will probably have to work well into retirement to make up for the deficit. Overall, workers from the middle-class bracket...more
Myriad Investing Options For All Sections Of Interested Investors Gone were the days when people in India invested money in banks and assets and watched them grow poorly. With smart myriad investing options easily available, the number of investors has increased manifold in these new segments. These segments worth mentioning are the Indian...more
Most people know that when you start taking Social Security payouts influences how large your payouts are, and can impact the gap between your retirement expenses and expected income. Receiving benefits earlier than normal retirement age translates to smaller monthly payouts, and working up to 65 as you collect these benefits causes you to forfeit a dollar for every two that you earn beyond $14,160. This aspect needs to be considered while you take your life expectancy and health condition into account.Aside from the size of your Social Security benefits, you will also need to know if you have enough money to pay for the basics and have enough funds to manage the effects of rising costs of living in the future. For the first estimate, you will have to ensure that you have guaranteed income to cover essential expenses such as food, housing, and clothing, as well as money for utilities, automotive expenses, and different types of insurance. These costs can usually be tended to by guaranteed payouts from fixed-income investments like annuities.The second factor, which concerns the effects of inflation, investment earnings, and your overall purchasing power, requires that you have...more
Using some tools to help you get ready for retirement is not as difficult if you do not suffer from serious health conditions or have to leave the workforce due to company restructuring or downsizing. Before you use these tools, you will still need...more
Factors To Be Considered While Investing Looking for an online brokerage company that can give you good service? A google search will instantly transport you to a number of share stock trading sites. Before you sign up in such a company, do...more
If you need an experienced and trusted personal injury lawyer during this slick and snowy holiday season, call Meshbesher & Spence. Their experienced, compassionate and dedicated staff of Minnesota lawyers understand that complex cases require...more
Lawyers for Claims and Compensation If you have an injury at work or are in an accident it can be extremely debilitating and stressful; often you will be entitled to some form of compensation but many people do not feel like they have the time...more
There are many reasons why people leave the workplace, only to go back to work in retirement, while others work well into their senior years. Working in retirement or getting an encore career was a popular move for many older workers even before the...more
Minneapolis DWI Lawyer – Sensible Way to Handle DWI Arrest A good number of people do not realize that DWI arrest and charges in Minneapolis can result to life-time consequences if it is not handled by a professional – a Minneapolis DWI...more