Unfortunately, retirement often gets a bad rap from many media people and other individuals who themselves have not been able to successfully cope with retirement. fortunately, on the other side, people who can't cope with retirement are in the minority. "Retirement works out quite well for people," states Joel Savishinsky, a professor at Ithaca College. Savishinsky, author of Breaking the Watc...

Many people, when facing retirement need some assistance in preparing a retirement letter. These are a few tips on what to say and how to say it. A letter of retirement can be a sentimental experience in that you're leaving a place that you've called “second home” for many years. you've instilled a lot of yourself into that job and have become friends with many co-workers. All this will be miss...

So you didn't get started on your retirement savings at 20, but it isn't too late. While advisors warn that if you don't start early, you will not be able to save enough, that doesn't mean that you shouldn't start at all.

Better late than never.

Millions of Americans are over forty with no substantial retirement savings. The key is taking full advantage of every penny between now an...

One of the first things that anybody should know and comprehend is that Social Security benefits are based on a person's earnings which are averaged out over a thirty-five year period and not as some are led to believe based on their last five years of employment. In fact social security for early retirement will only provide a person with a base level income. Also it's important to keep in ...

An early retirement incentive program or ERIP is an employer sponsored plan which provides special benefits or incentives to an employee who makes the decision to retire sooner than they had otherwise planned.

However, more often than not such a program is offered to those employees who are close to retirement age, but in fact there is no actual minimum age requirement. Many companies wi...

The basic principle behind Individual Retirement Accounts (IRA) is a deferment of tax liability from the time when your tax burden is greatest until after retirement when it's the lightest. When you establish an IRA and make contributions to it, you don't have to pay any tax on those contributions. Once you're past retirement age and receive distributions from these accounts, you'll be in the "...

In making a retirement speech that is deep and projects meaning, remember to let it reflect who you're and how you really feel. Retirement is one of the most amazing times of your life. A good rest earned after decades of hard work has arrived. Retirement day is a day to rejoice over a career of work well done. In your retirement day speech there is so much to say, so many people to thank that ...

Are you starting to plan your retirement and worrying about how the state of the economy will effect your life style after you turn 65?Are you watching your friends make plans to cash in their paper assets, move to a smaller home, and cut down on spending? This is what many people are doing in the face of a recession in the United States right now. But you imagined having a little money to trav...