My Journal on Retirement and Retirement Planning.
Letting you know when new web pages have been added on the site and sharing interesting news and issues about retirement.
You can subscribe to the Blog (no e-mail address necessary) by:
Going to the Recent Articles (on the right) ...
RIGHT-click on the orange RSS button and then copy-and-paste the URL of this site's RSS feed into your RSS reader.
If you want a dream retirement someday, you need to set aside money now. But many Americans aren't doing this. Not only do they lack the amount needed to retire comfortably, but a majority of Americans don't even have enough savings to cover basic retirement expenses for a year. That's what GOBankingRates found in its 2017 Retirement Savings survey.
At last they are waking up! In a February 22 annual report Bank of America admitted that “Our inability to adapt our products and services to evolving industry standards and consumer preferences could harm our business.”
Kuala Lumpur was the first stop in our yearlong round the world trip.
After three and a half years living and working in Cebu (Philippines) it was time to move on. Time to live my dream and experience the world as a digital nomad. As I left I had slight feelings of apprehension ... aged 68 and “homeless” for the first time in my life.
Every investor's retirement investment planning situation is unique, and you have to make all the decisions which are right for your own situation. Use the following points to stimulate your thinking, to use as a checklist and make your moves.
Retirement planning is a complex and challenging task requiring a retirement planning tool that matches the task. However these must not be so complex or "blackbox" that they are not fully understood.
Retire or rove overseas to a life full of excitement and adventure. New challenges and experiences are all around once you manage to climb out of your rut.
It can be nerve-racking and challenging but with all the support available from organisations and people who've "done it"... it's actually simple and straightforward.
For a newbie the world of affiliate online marketing as a home-based business offers exciting, money making benefits and opportunities.
As you look through the internet you are bombarded with many get rich quick scheme adverts. All claiming easy, overnight riches. On the other hand there are loads of stories of total failure.
What went wrong with my retirement planning?
I thought I'd been responsible and done everything right by the rules. But now as I approach retirement age I realise that I'm totally unprepared.
What did I miss?
After arriving early in the morning, checking in and sorting out our initial hassles we decided to do some sightseeing. It was very hot and very muggy ... and we'd had little sleep on the plane.
Our hotel was close to Tiananmen Square so we decided to start there.
The word is confusing. With definitions as varied as “the action or fact of leaving one's job and ceasing to work” through “the action or fact of ceasing to play a sport competitively” to “seclusion: a secluded or private place: retreat, solitude, loneliness, isolation, privacy, obscurity”.
It means something different to everyone. And now there are retirees, un-retirees, semi-retirees and nevertirees!
"It's More Fun Retiring in the Philippines"Retiring in the Philippines is becoming the final choice of many retirees.
In a recent survey done by Internations titled “The World Through Expat Eyes” the Philippines ranked 8th overall out of the 60 countries surveyed.
That's why retiring in the Philippines is a good option?
What would it be like retiring in Cebu? These were my thoughts as plane's wheels shuddered down onto the runway … a better lending than normal on Mactan island.
We lived in Cebu for nearly three and a half years. What was the experience really like?
Plans are made and plans go awry. Sometimes in the most unexpected way.
It was one more leg of our round the world trip … a long leg from Kuala Lumpur to San Francisco. The flights booked months in advance without too much consideration of the “fine print” or the “details” of the flights. The price was right.
It would be just another flight.
Beijing was the first stop in our 4 week trip through China. A city that we left 4 days later with very mixed feelings.
Our negative experiences included being scammed out of 1 000 Yuan. Having a disturbing encounter with a taxi driver. Jamming an exit turnstile at a station with a hotel card. Some very hot, long walks around Tiananmen Square and the Forbidden City.
The overall plan for our round the world trip is that we’ll take about a year and fly all the major sectors.
As we travel we want to establish a reasonable cost for a middle of the road lifestyle in the various places we visit and what it’s like living there as a foreigner. For the bulk of the time we will stay in AirBnB’s and we’ll keep a detailed account of our day to day expenses.
There is no doubt that to retire offshore is an exciting and challenging experience ... and at times a bit daunting! It's worth it!
Your complete retirement planning resource. If you are truly serious about being in control of your own successful retirement
Are You Interested in Retiring to Malaysia? From Safety and Health to Natural Beauty and Shopping it has Something for Every Retiree
Senior Retirement Living – A Lifestyle Change Which Can Be Made For Many Reasons
Busting your ass planning something important? Feel like you can’t proceed until you have a bulletproof plan in place? Replace “plan” with “guess” and take it easy. That’s all plans really are anyway: guesses.
[I agree -but it's tough!!]HIIT it! We’re often told that exercise is the best medicine, and it now seems that regular high intensity interval training (HIIT), in particular, is great for reversing the declining ability of our cells to generate energy.
Retirement and Tax Planning - finding legal loop holes in the mine-fields of legislation
Some people wait their whole life to start living… don’t be one of them.
If you’re past the big 50 feeling jaded and lifeless. Concerned about the world. Concerned about your world. Your finances, relationships, health or work…
Reading this list should spark at least one change. Kick-start your life with a new challenge and then the reward.
Retirement Planning for Women – lower earnings and a longer life span combine to make this planning a real challenge
Retirement Planning Checklist - the Baby Boomer countdown has begun. There are many issues to consider and even by ignoring them they won't go away.
Many retirees are well prepared financially to stop earning a living. But how do you find meaning, identity and purpose in the remaining years of your life?Merely having enough money to "retire" is hardly justification for sitting around adding no value.
"If a retiree does not plan to pass the home on to heirs, it's nearly always cheaper to rent." Renting has been cheaper for me for a number of years both in South Africa and here in the Philippines.
I'm 67 and feel exactly the same way!! You are what you think you are.
Investing for retirement may be a futile mission as research has shown that advisors, product providers and asset managers are the ones who are getting the cake share while you get the crumbs
Mar 19, 18 10:57 AM
If you want a dream retirement someday, you need to set aside money now. But many Americans aren't doing this. Not only do they lack the amount needed to retire comfortably, but a majority of American…
Mar 14, 18 07:00 PM
At last they are waking up! In a February 22 annual report Bank of America admitted that “Our inability to adapt our products and services to evolving industry standards and consumer preferences could…
Mar 13, 18 12:13 PM
Kuala Lumpur was the first stop in our yearlong round the world trip.