LISTEN TO BOOMTOWN RADIO! “ALL the Music That Matters for the Generation That Created Rock 'n' Roll”

3 Tips to Make Retirement More Secure

Back when Baby Boomers were still in our Wonder Years, the average life expectancy was right around 65 years. Well, the Greatest Generation blew past that like it didn’t exist and life expectancies just keep getting longer. So, we thought you’d probably like a few tips that will help ensure you don’t outlive your money.

  • Keep Working – Because birth rates declined in the U.S. many of us have found that there is not pressure from business to take retirement at 65. But even if working 9 to 5 isn’t what you really want, why not take some part-time work? Sure, you’ll only be earning less, but every dollar is a dollar of your retirement funds you don’t have to touch.
  • Consolidate Your Retirement Accounts – the experts say it’s much easier to keep track of your money if it’s spread around fewer places. Also, you may be able to reduce some of the fees charged by money managers as you reduce your number of accounts. Firms may also offer additional discounts for larger accounts.
  • Reconsider Major Expenses – This includes dropping a bundle on one of children’s weddings or helping with a grandchild’s college tuition. We’re not saying be a Scrooge, but if you run out of money, you’ll wind up becoming a financial burden to someone else, and we’re sure you want to avoid that.

Pop Up Player

Latest Posts–Financial Info

  • Don't Make an ATMistake!
    We’ve all heard about “skimming.” That’s when you use your ATM card and some scam artist has inserted an additional piece of card-reading hardware that will steal you ATM card information. The people that monitor…
  • Making Home Renovations Pay
    Fixing up your home? You might want to tell your insurance company about it. 8 of the 10 largest home insurers offer little-publicized discounts for certain renovations or upgrades. Go to BankRate.com and type in…
  • 3 Tips to Make Retirement More Secure
    Back when Baby Boomers were still in our Wonder Years, the average life expectancy was right around 65 years. Well, the Greatest Generation blew past that like it didn’t exist and life expectancies just keep…
  • Before You Rent a Self-Storage Unit
    The rapid growth of self-storage facilities across the United States is a testimony to Americans having more stuff than they know what to do with. Before you rent a unit for your excess stuff,read this:…
  • Colors that Mean Money
    Selling the homestead and planning to downsize? The real estate website Zillow analyzed data from over 32,000 homes and discovered that certain colors on the walls of individual rooms could actually increase the value of…
  • Is It Time to Break Up with Your Bank?
    Many of us do a year-end review of our finances. Don't overlook shopping around for banks. If your bank is charging you for checking or paying barely any interest on your savings, it may be…