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Tag: Retire

5 things you must do before you retire

5 things you must do before you retire

Finance
The steady path to a dream retirement If you're looking forward to retirement, you're not alone. Countless workers dream of leaving their jobs behind and enjoying the freedom of unstructured days. But before you pull the trigger on retirement, be sure to tackle the following moves so you don't come to regret your decision later on. 1. Assess your personal savings Hopefully, you spent much of your working years socking away money in an IRA or 401(k). If you're thinking of retiring, now's the time to assess your balance and see what it actually means in terms of usable day-to-day cash. It's easy enough to look at, say, a $ 500,000 IRA balance and think, "Wow, that's a lot of money." But if we apply a 4% yearly withdrawal rate, which has long been the standard, that $ 500,0...
Five beautiful places to retire that will make your jaw drop

Five beautiful places to retire that will make your jaw drop

Finance
Cusco, Peru's most historic city, is a UNESCO World Heritage site with domed churches and ancient, pedestrian-only cobblestone streets.Once an Incan capital, Cusco sits at an altitude of 11,200 feet and has clear, sunny days. Colonial structures have been converted into hip restaurants, shops and even homes. The historic centro is surrounded by a vibrant, modern city.The nearby Sacred Valley lies below snow-capped mountains with villages and several pre-Columbian ruins, including Machu Picchu. Superfoods, like chia seeds, quinoa and maca, are inexpensive and plentiful. A retired couple could enjoy a good life on $ 1,700 a month, expats report. Let's block ads! (Why?) Personal Finance
Five European cities where you can retire on $35,000 a year

Five European cities where you can retire on $35,000 a year

Finance
Living well on less is a constant in retirement planning.If life in the U.S. seems as if it would overstretch your assets, you might want to consider moving abroad. Moving overseas takes planning and research. You'll want to check visa and residency requirements, and health-care access. Remember, you'll still be taxed as a U.S. citizen by Uncle Sam.International Living, which publishes information about life abroad — including firsthand accounts — has a new report on five European cities where retirees can live large on just $ 35,000 a year or even less.Social Security is the major source of income for most older Americans, according to the Social Security Administration, with an average benefit check for retired workers of $ 1,404.If a couple brings in two checks per month, th...
Eagles RB Darren Sproles plans to retire after 2018 season

Eagles RB Darren Sproles plans to retire after 2018 season

Sports
Philadelphia Eagles running back Darren Sproles signed a one-year, $ 1.415 million contract extension in May. That appears to be his last NFL deal as he announced his decision to retire after the 2018 season. In a blog post, the 35-year-old Sproles said he plans to play just one more NFL season. He had planned to make 2017 his final season but he tore his ACL in Week 3 so he decided to return for 2018. "I feel like I left a lot out there, and I couldn't let my career end like that," Sproles wrote in the post. "I'm excited to come back and I am even more excited to come back to the defending Super Bowl champion, Eagles," Sproles wrote. "We have something special here with the team, the fans, and the city. We made history bringing the first Lombardi trophy to Philly and now we want to g...
'The bike will retire me' Tom Cruise vows to carry on riding

'The bike will retire me' Tom Cruise vows to carry on riding

Entertainment
GC RISKS: Tom Cruise filming in Paris, France, in April last year The Hollywood actor declared: “The bike will retire me, I won’t retire the bike.”He spoke out after his pal George Clooney was rushed to hospital in Italy when his scooter collided with a car.Clooney was thrown 20ft in the air before landing on the windscreen and being tossed to the ground.The former ER actor miraculously escaped with minor injuries while filming his new series Catch-22. GETTY RECOVERING: George “The bike will retire me, I won’t retire the bike.” Tom Cruise Now adrenaline junkie Cru...