13th September 2017 6
In theory, retirement is a time to kick back and relax, but sometimes it doesn’t work that way. Some retirees still want to work, whether to supplement their incomes, add structure to the day or just get out of the house. If that describes you, plenty of jobs exist for seniors not ready for full-time retirement.
GOBankingRates found several senior-friendly jobs and the average pay. Unless otherwise noted, salaries are provided by the Bureau of Labor Statistics.
Find something that parallels your life’s work or head in the opposite direction. Pursue your passion while getting paid or turn a hobby into a job. Take a look at these 12 great jobs for retired people to get some ideas.
Americans are doing a pitifully poor job of saving for retirement. A recent GOBankingRates survey found that about one-third of people have nothing tucked away for their golden years. That should make them worried — and it should also give their children pause.
If Mom and Dad can’t afford the basics, chances are good the kids will be asked to help shoulder the burden. Nobody wants that — not the overburdened kids, and not their parents. So, if retirement is on the horizon for you, it’s time to shift tactics.
The best dividend funds on the market all share one thing in common: They’re not one-size-fits-all.
Wall Street boasts quite literally hundreds of dividend mutual funds and exchange-traded funds (ETFs), and that spans a number of styles, geographies, costs and share classes. Are you interested in international dividend growth, or do you want to lasso as much nominal yield as possible out of American companies? Those angles (and far more) are covered in spades.
Combine that with all the variables investors have to consider — risk tolerance, investing time horizon, even 401k availability — and you have a situation in which one investor’s trash may well be another investor’s treasure.
Of course, I wouldn’t call any of the dividend funds we’re looking at today “trash.”
7 Dividend Stocks Whose Payouts Could Double in 3 Years
The following 10 dividend funds are among the best options on Wall Street, whether it’s because of a novel approach, or just because they offer a popular flavor for dirt-cheap. We’re looking at ETFs and mutual funds here, too, so this look at the best dividend funds should cover every type of account, from brokerages to IRAs to 401ks.
Click ahead to see them.
Listen up, baby boomers. More than half of adults 55 and older have less than $50,000 in retirement savings, and about one-third haven’t even started saving for retirement. That means many of you have a lot of catching up to do before you punch the clock for the last time.
Some boomers are fortunate to have a job with a pension. Those without that guaranteed source of income or any savings will be forced to survive on Social Security benefits or the support of their children. In some cases, baby boomers simply might not be able to retire at all.
If those scenarios don’t seem appealing to you, follow these expert tips to catch up on retirement savings.
15 Money Myths That Can Destroy Your Retirement
According to a March 2017 GOBankingRates survey, more than half of all Americans will retire broke. Furthermore, the annual Retirement Savings survey found that one in three (34 percent) respondents said they had $0 tucked away for their golden years.
If you’re late to the retirement savings game, or simply don’t think you have enough money saved up to live your American Dream comfortably after you stop working, it may be time to revisit some of your beliefs about saving money and investing. From postponing savings contributions to assuming health insurance and Social Security will have you covered, you’ll want to change some of your beliefs about money immediately — or risk jeopardizing your retirement savings.