first thing to do when you retire?
604290
["Get a part time job. Idle hands are the devil's playthings as the old saying goes. ... ", 'Spend some time and money on your hobbies. ... ', 'Exercise more often. ... ', 'Do that long overdo work on your house. ... ', 'Or you could always move. ... ', 'Start a business. ... ', 'Get back in touch with your family and friends. ... ', 'Volunteer.']
513813
["Invest in Real Estate (Even If You're Not Rich) ... ", 'Squirrel Away Your Spare Change. ... ', 'Share Your Opinions (Not on Twitter, Please) ... ', 'Help Small Business Owners. ... ', 'List Your Space Through Airbnb. ... ', 'Invest 15 Cents Into the Stock Market. ... ', 'Get Paid to Lose Weight. ... ', 'Sell Your Smartphone Photography.']
136978
If you're wondering how much of your income you should have saved by the time you retire, a general rule of thumb is to take 75% of your yearly income, and multiply that by 25. That way, if you were to retire at 65, you'd have enough money to maintain your standard of living until you are 90.
635958
['How do I retire?', 'When can I retire?', 'How much money do I need to retire?', 'How much will I spend in retirement?', 'Should I retire early?', 'When should I take Social Security?', 'How do I apply for Social Security benefits?']
640035
The biggest long-term financial goal for most people is saving enough money to retire. The common rule of thumb that you should save 10% to 15% of every paycheck in a tax-advantaged retirement account like a 401(k), 403(b), or Roth IRA is a good first step.
1391095
['Pay off all the debts. Being debt free is important before you buy a bunch of stuff. ... ', 'Buy a New Home. ... ', 'Buy a New Car. ... ', 'Travel the world in style. ... ', 'Donate to Charity.']
1186045
['When Should I Begin Taking Social Security? ... ', 'How Long Will My Money Last? ... ', 'How Much Money Do I Need to Retire? ... ', 'Should I Buy an Annuity? ... ', 'How Much Will I Spend? ... ', 'How Will I Pay for Medical Expenses in Retirement? ... ', 'Should I Take My Pension as a Lump Sum?']
1299241
['Happy Retirement or congratulations on your retirement!', 'I want to wish lots of health and happiness for the future.', 'May your wildest dreams come true.', 'You deserve to enjoy your retired life to the fullest.', 'Make this the best chapter of your life.', "I'm proud of you."]
112384
['Pay down debt. ... ', 'Boost emergency savings. ... ', 'Identify ways to cut back. ... ', 'Live within your means. ... ', 'Focus on the long haul. ... ', 'Identify your risk tolerance. ... ', 'Continue your education and build up skills.']
1330188
Check with the Land Registry whether your property is registered. Obtain your deeds. Consider a mid-life MOT. Think about increasing your pension contributions.
1112860
['Mortgage-free!', 'Increase your retirement savings. ... ', 'Put the kids through school. ... ', 'Move one step closer to retirement. ... ', 'Change your work life. ... ', 'Reinvest in your home. ... ', 'Downsize. ... ', 'Buy a vacation property.']
973636
Going through the age ranges, I believe the ideal age to retire early is between 41 – 45 years old once you've got at least 20X your annual expenses saved up. It's the optimum age where you've put in your dues, earned a good sum, minimize regret, and still have enough energy to do something new.
768278
['Check your 401(k) ... ', "If you don't have a 401(k), open an IRA. ... ", 'Consider a brokerage account. ... ', 'Decide what market(s) you want to invest in. ... ', 'Check the minimum investment amount. ... ', 'Look for index funds with expense ratios around 0.5% ... ', 'Fund your account. ... ', 'Set up automatic contributions.']
723061
['Set Priorities. Proverbs 24:27 – Put your outdoor work in order and get your fields ready; after that, build your house. ... ', 'Make a Budget. ... ', 'Build an Emergency Fund. ... ', 'Avoid Debt. ... ', 'Diversify Your Investments. ... ', 'Reduce Risk as You Age. ... ', 'Make a Financial Plan.']
831151
[' Be physically and mentally active – You have worked hard all your life. ... ', ' Have a Schedule – Even if you are retired, it is good to have a schedule. ... ', ' Financially Active – ... ', ' Take a part-time job or an income stream – ... ', ' Make Retirement a Positive Phase of Life –']
369943
["Stay in the existing employer's plan.", "Move the money to a new employer's plan.", 'Move the money to a self-directed retirement account (known as a rollover IRA)', 'Cash out.']
352082
["Start saving. Let's get money advice out of the way first. ... ", 'Take care of your physical health. Your 20s are a good time to start paying closer attention to your personal health. ... ', 'Pay attention to your mental health, too. ... ', 'Surround yourself with good people. ... ', "Don't be too hard on yourself."]