People in the UK who are planning to retire during 2008 are likely to face their later years earning a lower-than-average annual income, a new study has revealed. Research carried out by Prudential found that adults retiring this year will live off an average income of £18,663 a year, which is £5,000 less that the average income for a working adult.



Women are likel...

There is no question that if we're not in a recession by the economic numbers, consumers are behaving as if we are. To recession-proof your retirement income, take these six steps:

1 - Pick a retirement income strategy that isn't tied to market fluctuations

There are plenty of calculators available to design your retirement income strategy. But beware! Not every are designed to b...

At the start of the new millennium, about 12% of the U.S. population was over sixty-five years old. According to the U.S. Census Bureau, the baby boom segment of the population is expected to rise over the next two decades and approach 42% by 2030.

Investors who are approaching retirement are typically sold a wide array of fixed income investments like bonds, bond funds, annuities and man...

If you've been fortunate enough to have been able to maintain a hobby through your working life, you might find that it can now generate some extra income in retirement.

You already know how fulfilling a hobby can be. It not only gives you pleasure, but it both relaxes and stimulates your mind. For many, retirement is the perfect opportunity to devote even more time to the pastime they lo...

Terminal wealth dispersion is the technical term that describes the variability of the future value of investment portfolios. This inevitable variability means that no one knows what the value of their investment portfolio will be when they reach retirement age or at any time during their retirement. And the uncertainty of individual's life expectancies compounds this problem.

Hedging aga...

If you're getting the same economic news I am, you're likely nervous. you're not worried about losing your job because that is something you used to do before you retired. But bad economic news also means retirement worries. To sidetrack a recession our government has printed a lot more money to bail out the bad boys, pay for imported oil and more, and spur demand for everything from apples ...

1. Make an early start on planning and thinking about your life after retirement - not only the financial aspects of retirement, but the way that you want to live your life, where you want to live it, how you want to spend your time, who you want to spend it with, etc.

2. Try to become less absorbed in your work (particularly if you've a tendency to become absorbed to the point of the e...

Postponing Social Security until age seventy makes a great deal of sense for most healthy, married Americans that can do without the income. Of course, there are numerous exceptions and before postponing your benefits you should seek professional guidance. Obviously most haven't because about two-thirds of current Social Security recipients started taking benefits before their normal retireme...

You'd like to do some number crunching to be sure you've enough money to reach your retirement goals.

A retirement planning calculator helps you calculate and get a sense of where you're now with your money and where you would like to be at ret...

How To Take Advantage Of What the Plan Is Assuming About You!

For most individuals, their pension is a very significant part of the overall assets at time of their retirement along with their home, social security and some personal/retirement account savings.

In deciding how to take your pension among the choices offered under your pension plan, the significant decision is whether t...

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...