Tag Archives: retirement

A Step-by-Step Guide to Painlessly Plan and Vet Your Retirement

Planning your retirement seems boring. But whether your retirement is five years away or fifty, it’s never too early to start planning for your golden years, and it doesn’t have to be a tedious, painstaking process. Numerous financial tools can help you do everything from calculating how much money you’ll need when you retire to finding the best investment mix and making sure you’re saving enough now. Follow these steps and wizards to get your comprehensive plan started.

The rest is here.

I definitely recommend firecalc.com.
“A goal without a plan is just a wish.”

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Tourists are flooding to Portugal for the food and wine

According to Portugal’s National Institute of Statistics, 68 percent of American visitors traveling to Portugal include gastronomy and wine tastings in their plans, and their numbers are growing dramatically. In 2016, 390,000 Americans visited Portugal; last year, 685,000 did. Tourism officials expect 822,000 this year. TAP, Portugal’s national airline, now offers daily flights to Lisbon from JFK, and from Newark to Porto twice a week and Newark to Lisbon five days a week.

Enjoy the rest here.

Looks like Portugal is on the raise as a tourist and retirement destination.

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Veneto Region of Northern Italy: Tourist Map with Cities

The Veneto is a gem of a region in the northeast corner of Italy. Bound on the west by Lake Garda, on the north by the Dolomite Mountains and on the east by the Adriatic Sea, the landscape of the Veneto is rich and varied. From the grandeur of crumbly old Venice to the medieval flavor of Bassano del Grappa, and on to Belluno, a striking town that’s a gateway for visiting the Dolomites, the Veneto makes a fascinating region to explore.

I love Italy.

The rest here.

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How the new tax law creates a ‘perfect storm’ for Roth IRA conversions

While the new Tax Cuts and Jobs Act (TCJA) includes one negative change for Roth IRAs, they are still pretty wonderful. Here’s what you need to know about Roth IRAs and especially Roth IRA conversions in the post-TCJA world.

The two most-important Roth IRA tax advantages are:
Unlike traditional IRA withdrawals, qualified Roth IRA withdrawals are federal-income-tax-free and usually state-income-tax-free too. What is a qualified withdrawal? It’s one that is taken after you, as the Roth account owner, have met both of the following requirements:

1. You’ve had at least one Roth IRA open for over five years.
2. You’ve reached age 59½ or become disabled or dead.

I need to investigate if item 1 above is correct. You only need to have ‘at least on Roth IRA open for over five years’?

Read the rest here.

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Off the beaten track: 14 best kept travel secrets in Spain

Spain has so much to see off the beaten track so why not take the road less travelled and discover a few hidden gems?
Spain can boast a great deal of Unesco World Heritage sites, and several of them have recently made it onto Lonely Planet’s top 500 things to see in the world. But why take the road everybody else is taking when Spain has so many unsung beauties to offer? You’ve already seen the Alhambra and the Sagrada Familia – now it’s time to take your sightseeing to the next level.

The Burgos Cathedral looks amazing.

Read the rest here.

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Surprise, Money Doesn’t Guarantee a Happy Retirement. Here’s What Does.

Their first item is ‘Reduce financial stress.’ Wouldn’t money do that?

Retirement might sound wonderful, but all too often the reality is disappointing. Some 28 percent of recent retirees polled by Nationwide Retirement Institute last fall said that life was worse in retirement than it was when they were working. It’s one of several surveys to find that, for roughly a quarter of retirees, life after work involves isolation and a loss of direction.

The article.

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3 Ways to Protect Your Retirement Money From a Market Downturn

Last week we got a reminder of just how volatile the stock market can be, when the Dow Jones Industrial Average plunged more than 370 points, or 1.8%, in a single day on political turmoil in Washington. The stock market has already recovered from that setback. But at some point, though we don’t know when, this aging bull market will give way to a bear …

With that goal in mind, here are three moves you should make now.


Regarding #3:
Dear JARguy,
... be fearful when others are greedy and greedy only when others are fearful. - Warren Buffett

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