Recently Added Videos

By Paul Christos

The amount of credit card and auto loan debt carried by the average US Household is a staggering $18,500 to $23,500 per household. At 6% interest, $20,000 of debt accrues approximately $1,200 per year or $100 of per month of additional debt. The worst part about carrying this much consumer debt is that there is no intrinsic value in carrying it. This is “Bad Debt” because the interest paid on it can not be itemized as a tax deduction on your income taxes each year. Mortgage interest expense (“Good Debt”), as an example, can be itemized and taken as a deduction on your tax returns. As a result I have made it my personal obligation to minimize this type of debt as much as humanly possible. I am a realist and recognize that different situations require different financial measures. So, I am not agnostic to the fact that, for certain households, taking on consumer debt is a practical necessity and enables day-to-day survival. What I would like to do with this article though is to provide some advice based upon my experiences and some practices that I have adopted over the years to help eliminate “Bad Debt”.

(more…)

By Martin Sumner

Being severely in debt can be one of the most stressful situations we can find ourselves in within our everyday lives, and in recent years thousands upon thousands of us have begun to find our debts turning into a problem. Maybe your debts have simply got out of hand, with the repayments finally getting too large to handle comfortably, but a more common scenario is that a change in your financial circumstances or employment means that previously manageable debts are now no longer so easy to bear.

(more…)

By Jeffery Voudrie

Everyone would love to retire early, but they also desire to be free from the fear of running out of money. Changing your attitude toward investing and the approach you take will help you accomplish both. Read on to see how you can retire years sooner and make you money last decades longer.

(more…)

By Tom Turner

We live in a generation where people are living longer lives than in the past. We are more aware of taking care of ourselves and eating healthier and as a result, we are living longer lives. There are many older retired people today than ever before, and many are choosing to live in a retirement community. This simply means that they are choosing to live near other retired people their own age with the same type of living conditions and interests in mind. The old saying there is safety in numbers can really apply to the older set of retired people. The look after each other and do many things together. This article will talk about some of the benefits to living in a retirement community.

(more…)

By: James Copper

Credit is essential these days. A person needs credit to be able to do almost everything, from buying a car to getting a utility turned on. Bad credit can be quite costly. That is why debt management is so important. Debt management is the way you acquire and handle your debt so that you can afford it.

(more…)

By Harriet Hodgson

After they retire many people move into a smaller apartment, condominium, or town home. Simple as it sounds, downsizing takes lots of planning and time. Many retirement communities have long waiting lists and if you are thinking of downsizing you need to start now.

(more…)

By: Stephanie Foster

One of the most important things you can do on a single income is control your spending and find ways to save money. Life for most families is much easier on two incomes in most cases, but there are very good reasons why sometimes families have to live on just one income.

(more…)

By Matt Fox

Anyone with a desire to be wealthy, rich, or comfortable needs to follow a few steps. The first step is to create a plan of attack. An attack on poverty, on risk and on conventional thinking. Then they actually need to follow through with their plan. The plans vary person to person. For instance, older people can’t take the same risks as young people. They don’t have the time to spare. Nor would it be easy for them to replace lost money. But anyone can choose an investment plan that will work for their situation.

(more…)

I have been posting around the week of the 10th of each month a “THANK-YOU” post, like this one, to all the advertisers from the previous month listed as at month end. That’s a permanent link in this blog, under the category heading which I call .. “Sponsor Appreciation”. I know it’s hard out there trying to figure out where to spend your advertising dollars .. and well .. THANKS for considering the And You Retire blog.

(more…)

By Jeffrey Hauser

Not necessarily. Actually, it depends on your definition of ‘hard.’ I began a 401K and pension fund when I was hired on at my company 24 years ago. Today, I have a nice retirement. But that was just my individual case and I’m sure your circumstance is far different. So let’s focus on you, instead. Whether you’re twenty or forty, you have to make a tough decision. You have to do without something now to benefit later. In other words, you have to save money now, and that means sacrifice.

(more…)

By Randy John

It is easy for an adult to ask a child what they want to do when they grow up. There are limitless possibilities available to them. When you grow older, this question should still be asked, even beyond the work force.

(more…)

By Michael M Thomas

When you are stuck under a pile of credit card debt, it can often feel like it is impossible to find your way out. The easiest way to dig yourself out of credit card debt is to increase your income. Here are three easy ways to increase your income:

(more…)

In the Canadian federal Budget of 2007 (March 19, 2007) .. was a proposal to increase the conversion age for RPP’s and RRSP’s to 71 years of age from 69 years of age. Transitional measures will benefit individuals who turn 69, 70, and 71 in 2007.

(more…)

I have been posting around the week of the 10th of each month a “THANK-YOU” post, like this one, to all the advertisers from the previous month listed as at month end. That’s a permanent link in this blog, under the category heading which I call .. “Sponsor Appreciation”. I know it’s hard out there trying to figure out where to spend your advertising dollars .. and well .. THANKS for considering the And You Retire blog.

(more…)

Straight-Forward Advice … is always good!

The Weary Consumer blog has a great series of articles offering great advice and tips (like the headline) how to break free from debt. Enjoy.

1) Breaking Free From Debt-Step 1: Calm Down

2) Breaking Free From Debt-Step 2: Clarify

3) Breaking Free From Debt-Step 3: Simplify

4) Breaking Free From Debt-Step 4: Stop Debting

5) Breaking Free From Debt-Step 5: Stay Focused