Early Retirement Blog

Reducing their savings, raiding their retirement accounts, and credit cards, are how many Americans are surviving the recession, according to new research.  Loans from retirement savings accounts increased by 20% in 2011, while the personal savings rate fell from 5.1% to 3.5%, according to the U.S. Dept. of Commerce. Americans have taken to borrowing from [...]

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Federal Reserve Chairman Ben Bernanke announced that interest rates will not be raised until late 2014.  Screwing seniors who depend on  U.S. Treasury Bonds, CD’s, and money market accounts for their retirement income, for another two years. Retirees who depend on bonds and CD’s, to provide income for their retirements, have already suffered through four [...]

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If you find yourself at age 50 or over, with little or no retirement savings, do not give up hope.  You can still retire on time if you accelerate your retirement savings plan. Instead of saving a fixed amount each month, using the method I created in How to Save $1 Million, where you start [...]

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You see them in newspapers, magazines, and on the internet, articles listing the 10 Best Places to Retire in 2012.  How do they determine the 10 best places to retire?  How seriously should you take these 10 best places to retire articles?  And, how do you pick the best place to retire? The authors of [...]

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Investing is for idiots, dummies, and fools.  Why?  Because unless you answer yes, to any of  the following questions, the odds are 90% that you will do worse by actively investing instead of simply maintaining a proper asset allocation. Are you.. A senior executive at Goldman Sachs, J.P. Morgan, or one of the top 20 [...]

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Is the recession causing your depression?  An alarming report out of England, shows that anti-depressant use in that country has soared by 28% in the past three years, coinciding with the start of the recession. Layoffs, lost retirements, and overall economic insecurity has sent many in England to their doctors in search of a cure [...]

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