Retirement

[description]No More Mortgage on Retirement[/description]
[keywords]No More Mortgage[/keywords]

What is your plan for your debt? Have you really made one yet? Most people put this off because they don’t want to face the unknown. It’s easier to keep tooling along blissfully ignorant of how much money you owe or where you are on building your retirement. But it’s going to catch up with you,

If you’re like most people, you think of the balances on your statements for your mortgage, credit cards, and other debts as what you owe.

Well, yes it is and no it isn’t. Yes, at one moment in time a statement can show what you owe if you were to pay it off completely. And no it isn’t when you factor in interest payments over time.

We’re continuing the series of articles about five points you should know about Social Security and Retirement if you’re 50 or over.
QUESTION 4: Will I lose benefits if I work? It’s true that if you collect early and work at the same time, your payments may be reduced (once you reach full retirement age, feel [...]

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In a previous article, we began Part I of a discussion on Social Security and Retirement. Let’s continue with more questions and answers:
QUESTION 2: How much will I get every month? Like all things Social Security, there’s a complex formula involved. But essentially, the amount you’ll get at your full retirement age is based [...]

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Everyone 50 and over should know these principles by heart.
(Money Magazine) – You’ve probably spent a lot of time sweating over your 401(k) and IRA. But have you given much thought to the way Social Security will fit into your retirement plans? You should. In fact, Social Security provides 50% of the income for more [...]

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NO MORE Mortgage looks at retirement
The point of this article is that in the USA, the “retirement safety net” is Social Security, which only covers about 45% of the retirement needs of the average retiree. The article does not even bring up the potential of the Social Security system to go broke in about [...]

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