Plan for retirement

Monthly archives for April, 2012

Social Security runs out in 2033

Social Security runs out in 2033

Social Security and SSI will continue at about 66% The Social Security Trust funds are reported to be in worse shape than last year and the event horizon for not being able to pay 100% of what is expected will be three years earlier than 2011 predictions. Congress has to get off their butt and […]

Early retirement creates new jobs at ...

Early retirement creates new jobs at Ford

Ford offers early retirement Ford Motor Company who has/had too many skilled workers is doing a new trick. They offered early retirement to 41,000 folks working there and 1,700 of them took the deal that will kick in come June 1, 2012. Some skilled workers were offered $100,00 to take retirement.  Production workers were offered […]

Live in a motorhome

Live in a motorhome

Stealth camping in a motor home There are more and more people and families or couples living in motor homes and van conversions. You can get creative as far as finding ways to live for free in your motor home right in a city.   The fun part is to cut the cost on a per […]

Early Retirement? Late retirement?

Early Retirement? Late retirement?

Consider retiring early Can you pull it off? An example is Edward who at 58 years old was able after being sick get into his SSI and collect from social security. He has 2 small pensions and was able to remortgage his real estate to get into a financially feasible position to enjoy a retirement […]

Live cheaper after retirement

Live cheaper after retirement

Save money on post retirement  expenses You don’t have to go to work in fact you don’t have to do a lot of things except make sure you have food, shelter and clothing. That doesn’t mean you can’t really enjoy life. Save money on clothes You don’t need  expensive suits and dresses to keep up […]

Canadian retirement age up to 67

Canadian retirement age up to 67

O Canada Canadians live longer and there are more folks around who are going to need the Old Age Security program. The retirement age for most folks will go  to 67 years of age up from 65. Life expectancy has changed and for the better but it will cost the Canadians. Men live 10 years […]