One challenge in managing your money is to balance the right amount of risk in achieving your goals. Take little or no investment risk an you will have to save a lot more money to achieve your savings goal. Take too much, and you may lose principal. Generally, you can take more risk the longer […] The post The New Retirement – Risk on, Risk Off appeared first on WebTalkRadio.net.

One challenge in managing your money is to balance the right amount of risk in achieving your goals. Take little or no investment risk an you will have to save a lot more money to achieve your savings goal. Take too much, and you may lose principal. Generally, you can take more risk the longer time you have to meet your goal and less risk when you need to convert your capital to income. One way to add some risk to turbo charge your portfolio is by investing a portion of your money in emerging...

Sometimes perfectionism can be a great motivator. But what happens when it starts to have a negative impact on important areas of your life, like your productivity, your relationships, your physical and psychological health or your career? Today we uncover the traits, symptoms and causes of perfectionism with Dr. Marla Enhelder. We examine the situations […] The post The New Retirement – Is perfectionism hurting your productivity? How can you tell? appeared first on WebTalkRadio.net.

Sometimes perfectionism can be a great motivator. But what happens when it starts to have a negative impact on important areas of your life, like your productivity, your relationships, your physical and psychological health or your career? Today we uncover the traits, symptoms and causes of perfectionism with Dr. Marla Enhelder. We examine the situations where perfectionism can hurt your productivity and create imbalance in your life. Take Marla’s Quiz to discover if you’re a perfectionist....

The need to replace your paycheck is one key driver in retirement planning. Creating income sources like Social Security supplemented by personal savings to generate additional income determines your level of financial security. How much you save is important as is the return you get on your savings. If you need $20,000 a year in […] The post The New Retirement – Income Two Ways appeared first on WebTalkRadio.net.

The need to replace your paycheck is one key driver in retirement planning. Creating income sources like Social Security supplemented by personal savings to generate additional income determines your level of financial security. How much you save is important as is the return you get on your savings. If you need $20,000 a year in supplemental income and you earn 2% in low risk investments in today's environment you need to have saved $1million. If you were to earn 5%, your required savings...

It’s that time of year again. Time to figure out how much you have spent. Determine the areas where you over or under spent and make adjustments accordingly. It’s time to set your spending baseline for next year and contingency plans for reducing spending should taxes rise or unexpected expenses occur. Diane Tegarden author of […] The post The New Retirement – Budgets and Rock n Roll appeared first on WebTalkRadio.net.

It's that time of year again. Time to figure out how much you have spent. Determine the areas where you over or under spent and make adjustments accordingly. It's time to set your spending baseline for next year and contingency plans for reducing spending should taxes rise or unexpected expenses occur. Diane Tegarden (http://www.blogtalkradio.com/diane-tegarden)author of Budgeting on a Dime - 10 Steps to Financial Independence offers tips and ideas on how to get your costs under control. We...

You have many choices to make in retirement. Some are one time choices, like selecting your Social Security or pension benefits. Many others are ongoing. Once you begin Medicare you will need to make a choice each year during open enrollment. This choice can cost or save you thousands. Lloyd Schneider, an expert in Medicare […] The post The New Retirement – Choices appeared first on WebTalkRadio.net.

You have many choices to make in retirement. Some are one time choices, like selecting your Social Security or pension benefits. Many others are ongoing. Once you begin Medicare you will need to make a choice each year during open enrollment. This choice can cost or save you thousands. Lloyd Schneider (http://www.mintcofinancial.com), an expert in Medicare Supplemental Plans will explain your options and how to make a choice best suited to you. You will need to make ongoing choices regarding...

Risk takes on many faces. Sometimes we need to be reminded of the risks we undertake. For those who have chased yield, it’s time to reassess the risks of junk bonds, MLPs, REITS and other high yielding assets. The past few years have made these assets appear safer than they historically have been. It’s time […] The post The New Retirement – Risk; The Long and Short of It appeared first on WebTalkRadio.net.

Risk takes on many faces. Sometimes we need to be reminded of the risks we undertake. For those who have chased yield, it's time to reassess the risks of junk bonds, MLPs, REITS and other high yielding assets. The past few years have made these assets appear safer than they historically have been. It's time for a check up and a renewed awareness of the possibility of capital losses. Locking in lower yields with guarantees through insurance products may leave you exposed to inflation an...

Many have seen much of their wealth dissipate over the last several years. A slow economy and massive debt will likely limit returns on investment for many years to come. High unemployment and no salary growth limit what you can save to rebuild your wealth. With rates-of-returns and pay increases stagnant, to rebuild wealth astute […] The post The New Retirement – Education and Expense appeared first on WebTalkRadio.net.

Many have seen much of their wealth dissipate over the last several years. A slow economy and massive debt will likely limit returns on investment for many years to come. High unemployment and no salary growth limit what you can save to rebuild your wealth. With rates-of-returns and pay increases stagnant, to rebuild wealth astute savers turn their attention to better educating themselves on financial management and to lower expenses. Travis Freeman, (http://www.financialbootcamp.net) CFP...

Sometimes Americans can be so ‘America-centric’. In the past there was a good reason for this. The US was by far the biggest and fastest growing economy. We had a stable and supportive political system. The US was fiscally sound. Times have changed. We are one of many large economies, our politics are divisive, we […] The post The New Retirement – The View From Down Under appeared first on WebTalkRadio.net.

Sometimes Americans can be so 'America-centric'. In the past there was a good reason for this. The US was by far the biggest and fastest growing economy. We had a stable and supportive political system. The US was fiscally sound. Times have changed. We are one of many large economies, our politics are divisive, we are becoming a fiscal basket case. The dollar is losing value and our prices are rising. Maybe it's time to diversify our savings outside the US. Marc Krieger ...

Your attitude affects many parts of your life. It affects how people perceive you, your general demeanor and believe it or not, how your investments perform. Your attitude likely has been formed by your experience and education. The financial world teaches you to buy and hold and let the professionals do their business. You may […] The post The New Retirement – It’s Your Attitude appeared first on WebTalkRadio.net.

Your attitude affects many parts of your life. It affects how people perceive you, your general demeanor and believe it or not, how your investments perform. Your attitude likely has been formed by your experience and education. The financial world teaches you to buy and hold and let the professionals do their business. You may have accepted this attitude, but you most likely have made little or no money in the markets over the last 10-12 years. Bill Deshurko CFP (http://www.covestor.com)...

Getting older is part of all of our retirement plans. We just don’t know how old we will get. This leaves many people assuming they will live to 90 or 95 for planning purposes. We fear outliving our money, thus we get some comfort if the numbers work to an old age But, this means […] The post The New Retirement – Uncertainty and Aging appeared first on WebTalkRadio.net.

Getting older is part of all of our retirement plans. We just don't know how old we will get. This leaves many people assuming they will live to 90 or 95 for planning purposes. We fear outliving our money, thus we get some comfort if the numbers work to an old age But, this means you may spend 20-30 years or more in retirement. A lot can happen in that time. What has happened in your life over the past 30 years? Was it all predictable? We learn to live with uncertainty and we will continue to...

We all face change. Sometimes gracefully, planned and well executed. Other times less so. One change we all face as we live longer to transition from working for a paycheck to not working at all, or working at something that driven by passion. What stops us transitioning smoothly – is it fear or lack of […] The post The New Retirement – Transitions appeared first on WebTalkRadio.net.

We all face change. Sometimes gracefully, planned and well executed. Other times less so. One change we all face as we live longer to transition from working for a paycheck to not working at all, or working at something that driven by passion. What stops us transitioning smoothly - is it fear or lack of clarity - and how to we get on track to get what we want? Jeff Rasley (http://www.jeffrasley.com/), author of six books, left his successful law practice in pursuit of his passion. Besides...

Too many people invest and forget. They are distracted from the performance of their investments by the daily tugs and pulls of everyday life. Past wisdom said to buy and hold for the long term and you needn’t worry about your money. However, if you consider the last twelve years as some sense of the […] The post The New Retirement – Distracted Investing appeared first on WebTalkRadio.net.

Too many people invest and forget. They are distracted from the performance of their investments by the daily tugs and pulls of everyday life. Past wisdom said to buy and hold for the long term and you needn't worry about your money. However, if you consider the last twelve years as some sense of the long term, then you haven't made any money in the stock market. If you have a forty year working career to save, then one quarter has just past with out any real earnings. The loss to the...

The baby boom generation trampling through their life cycle changed society and the economy. They drove the increase in the building of roads and schools. In starting their careers increased financial asset prices through increased income and pension contributions. They increased real estate prices through home purchases and the building of shopping malls. Now they […] The post The New Retirement – Demographics appeared first on WebTalkRadio.net.