Finally Some Good News About Retirement Planning

A couple of months ago, the Employee Benefits Research Institute released a somewhat depressing study about the state of boomers' retirement assets.  Maybe it's just my RSS feed, but I seem to be bombarded with article after article saying that after this Great Recession, no one will ever be able to retire again. Ever. Last week I received a copy of another recent study, this one conducted by Ameriprise Financial.   The actual data looks a little more encouraging to me, read my post over at U.S. News this week, "The Good News About Retirement," to get the skinny.

I'm pretty excited to be profiled along with two other early-retirees today, over at Canadian Business Online.  Check out Larry MacDonald's post, "Retiring Early."

It's no secret that the earlier you retire the less money you will have saved for it.  It's a trade-off.  If you want to retire early you will probably have to give up a few things.  When is the right time to retire?  When you feel like what you are giving up pales in comparison to what you are getting in return.  For more thoughts on when enough is enough, read this post at Being Retired.

A few months ago I wrote a post about why retirees shouldn't shun the stock market.  It seems people tend to think of bond investing as a risk-free proposition.  Not so.  For a great explanation of exactly what the risks are, especially in today's environment, read "Bond Risks and How to Beat Them"  And while you're at it "10 Investment Mistakes to Avoid."

 

This is a post from Retirement:  A Full-Time Job

 

 

Comments

[Financial Cents]

I just read your article on CBO (Canadian Business Online). Very inspiring!

Cheers,
Financial Cents

[Retired Syd]

@Financial Cents: Thanks for reading and for your comment!

[OnlineSurveyJobs]

I've read those articles too. It's all doomsday stuff about retirement. I'm terrified!

[Cara Larose]

The retirement stage should not be complicated for retirees. They must be assured that everything's okay during this stage of their lives. Aside from getting some benefits, they are given the freedom to choose what they want to do after retirement. It's up to them to choose what makes them happy and relieved with their situation.