Free Retirement Planning Tips

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

I’m sending you a quick note right now, because I have something very important to tell you about.

In fact, right before posting this, I just called round most of my own family telling them about this website.

You see I was surfing the Internet the other day researching trading stocks and I came across an interesting website.

It’s about this email stock picks newsletter, and each week this guy sends out a stock pick…

And the average gain so far has been 84.79% within 3 days of the pick being made.

Anyhow I don’t want to tell you too much about this service, because it costs $12,500 to join the newsletter!

But I did a little further research, and after finding some interesting forum discussions, someone pointed me to another website.

You see the owner of this newsletter (who is the stock market genius who makes the picks) recognized he had a problem…

Even though subscribers of his newsletter are able to almost double their trading money each and every week…

The only way he was getting new subscribers, (at $12,500 a pop) was when his subscribers made recommendations to friends and family.

So he thought about this problem and came up with what I believe is an ingenious solution:

At the link below, you’ll be able to type in your name and email address.

For the next 4 weeks after, you’ll receive one stock pick per week (the same pick sent to his subscribers)…

And you’ll be able to see that his service is worth the cost… As you’ll be watching, live, each week as his actual stock picks almost double.

Now…

These stocks can often rise over 100% within a matter of days.

In fact after being a newsletter member for 3 weeks, I invested on the 4th stock pick… and made $1876.00 (pure profit).

Which is precisely why I just rang round all of my family telling them about this website.

Oh but there’s one more thing before I give you the address, there is a limit to the number of the newsletter placements.

Maybe David (who runs the newsletter) will have closed shop, by the time you read this email. If so, don’t worry as he’ll allow you to join the waiting list.

Click here for your 4 free stock picks

Best Regards,

David Lindberg

It’s happening.

People are losing their homes, losing their jobs, and losing their life savings.

Every where you look, there are signs that we are about to enter a massive recession, and things are only going to get worse.

The solution?

Create income that continues to pour in, even in the worst of times.

No matter what happens, people still need information. The types of information they need or want may change, but the need itself never goes away.

That’s why I’m recommending that anyone who hasn’t already started their own online info business, needs to do so immediately.

The Baby Boomers Guide to Online Income will show you EXACTLY how to do it…

Click here to learn more

…and you don’t even need to be a Baby Boomer.

While the Baby Boomers Guide to Online Income was written for people facing retirement and the uncertainty of social security, its down to earth, proven techniques will work for almost anyone, in any situation.

Here are some questions I received during the last day on the program…

Q. “Who’s the author, and why should we believe what he says?”

A. GREAT question: The author is Nick Marks, and he beat out MAJOR competition to become The 2007 Internet Marketer of the Year.

Click here to see a photo of him accepting his award from Russell Brunson…

Click here to learn more

Obviously he’s not some newbie marketer selling rehashed info he copied from someone else (who probably copied it from someone else..)

Nick is someone you can trust to provide you with honest, relevant step-by-step material that flat out WORKS.

Don’t take my word for it, read the testimonials on his site…

Click here to read more

And there’s no fluff or filler in his e-book. Just straight-forward, honest, tested, and proven strategies for earning a steady online income.

Q. “I understand why he’s including the other bonuses, but what’s up with Bonus #1? Why is that included with this program?”

A. For two reasons: First, you get to see how Nick got started making money online, and learn all his secrets of how he did it.

Second, you may want to use it to build a very lucrative second or third income for yourself.

Click here for more info

Q. “I don’t have a website. Will this work for me?”

A. Nick actually includes a FREE website when you purchase the Baby Boomers Guide to Online Income.

It’s already set up with affiliate marketing and custom blog marketing. Plus it’s search engine optimized for traffic pulling page rank in the top search engines (Google, Yahoo, etc.)

Q. “What if I need help? What if I have a question?”

A. Nick is also going to give you 30 minutes of expert phone consultation… for FREE. You dial the number you’re provided, and you can speak directly to one of Nick’s top marketing experts. These pros have years of experience, so they can quickly and expertly answer your questions and give you any guidance you may need. And you get this expert help for free!

Bottom line, if you want a business that is recession proof, that will earn you money now, next year, and every year, check out…

Click here for more info

Making money ISN’T just for Baby Boomers!

-Adam

P.S. The economy is in serious trouble. I don’t know how bad things will get, but the time to get ready is right NOW.

And the best / fastest way I know of to get your business online and making money is with Nick Marks and The Baby Boomers Guide to Online Income.

Click here to avoid a retirement nightmare

Hello-

I wanted to share a good article I found about investing mistakes in retirement.

Taking too much risk with your investment: We all want the highest interest rate possible and the lowest risk possible - unfortunately these are competing objectives. High rates always spell high risk BUT high risk does not always spell high rates. You should know that risk and reward are traveling companions: if you want low risk you’ve got to settle for low rates and if you want the chance of making high rates you’ve got to accept high risk.

Most people work a lifetime to save enough so they can have a comfortable retirement - the last thing in the world they want is to lose their retirement nest egg in bad investments. So why is it that most retirees have all their money in mutual funds, stock, bonds, a diversified portfolio of securities, variable annuities, etc.? All these things carry the risk of loss - yeah I know that “in the long run” you’ll do a lot better than with a safe money alternative. BUT, in retirement you don’t have a long run. A great economist once said, “in the long run we’re all dead”.

In the closing years of the 1900’s and up until 2002 the stock market was roaring upward - would-be-retirees were making loads of paper profits and looking forward to retirement next year. Out of the blue came the dot.com bust and a market meltdown - over the next two years the S&P lost half its value, the DJIA sank like a rock and the poor NASDAQ stocks lost 80% of their value (that’s where most of the dot.coms were traded). Instead of retiring, or continuing to be retired, many “risk taker” had to change plans or go back to work as Walmart greeters, taxi drivers or whatever they could get in the depressed employment environment. Can this ever happen again?

Look around you: sub-prime problems, foreclosures shore to shore, the dollar losing ground at an alarming rate, inflation picking up, real estate activity grinding to a halt, economic recession being mentioned often, bank stocks losing half their value, major corporation turning to China and the UAE for capital infusion to stay solvent, record federal deficits, commodity prices shooting upward and lots more of gloom and doom. I don’t want to be negative…but there are storm clouds gathering and you don’t have an risk umbrella if you’ve put your retirement money in the market.

The first big mistake retirees (or would-be-retirees in the red zone before retirement) make is they have taken too much risk with them retirement money.

What can you do? Find a financial adviser quick if you don’t know how to lower your risk without one. Examine every retirement investment you have and make sure the money you’ll be using in the next 10-15 years is in rock solid saving places like bank CDs (for use in years 1 - 5) or fixed annuities (for use in years 6 - 15). If you don’t like either for-the-first-half-of-your-retirement money, you can continue to keep your money at risk and hope for the best.

Putting your money only in short-term bank CDs: Many of you have all your retirement money in 6-months CDs because you want safety and are afraid you’ll need it all very soon. The good news is that you’ve got safety and ready access…the bad news is that this is costing you a king’s ransom.

Generally, the longer you commit you money the higher the rate of interest you’ll earn - that’s why 5-year CDs pay more than 3-months CDs. You should space, or ladder, your money so that it comes due at about the same time you think you’ll need it. Yes, you may guess wrong sometime but the penalty will be a lot less than if you always keep your money short and liquid.

Let’s say you now have $150,000 in short-term bank CDs that you’ve earmarked for retirement. You think you’ll need about $15,000 a year of this money to cover expenses above your Social Security, pension (if you have one) and other income. Here how a CD ladder could work. Put $15,000 in a money market account (can get anytime you want without penalty), $15,000 in a one, two, three and four year bank CD. You now set so that every year for the next five you’ll have access to $15,000 (plus interest which will keep you up with inflation) to cover your needs.

What do you do with the other $75,000? Why not look into a five year tax-deferred fixed annuity? You’ll pay no taxes on the interest you earn in the annuity until you withdraw it (that means triple compounding: interest on principal, interest on interest and interest on money you would have paid in taxes) and you’ll have rock solid safety because your principal and interest is guaranteed by a major insurance company. The same insurance company that insures you home, life, health, business, car and everything else of value. Oh yes, you’ll probably get a much better earnings rate than if you put the money in a bank CD.

Yes, you will lose the opportunity to hit it out of the park with a high flying stock your brother-in-law told you about but you’ll also avoid the risk that goes with that high flying stock. When you annuity matures in five years you an annuitize (take an income) over the next five years or do another 5-year bank CD ladder.

Retirement is a time to keep what you’ve got rather than trying to double or triple your money in a short period of time. But, you can err by being too safe and too liquid with everything in short-term bank CDs. Retirement is also a time to reassess your risk and make sure you can afford the worse case outcome. That’s why money in the market don’t make sense unless you’ve got a lot more money than you’ll need for retirement.

If you think the market can’t turn around and bite you, check out the following links:
www.fool.com/investing/dividends-income/2007/03/21/a-market-crash-is-coming.aspx
mutualfunds.about.com/cs/history/a/marketcrash.htm
finance.yahoo.com/expert/article/richricher/26878

Also check out my blog: http://www.theretirementpros.com/blog

Thanks for reading and have a great day!

-Adam

Hello-

I was reading about retirement planning and came across this article with 11 tips to help you for retirement in 2008.

3 of the ones I liked are:

8. Investments

Those who invest in mutual funds in taxable accounts
should check whether they are reinvesting the capital gains and
dividend distributions back into the very same mutual fund. If so,
Benedict suggests a different tack. Those investors would “be better
served investing the distributions into a more tax-efficient mutual
fund or other investment,” he said.

One reason: Investors who reinvest distributions
sometimes have to pay the income due on the distribution by selling the
very mutual fund to raise cash. That can be even more unpleasant when
the share price of the fund is below what the investor originally paid
for the shares.

Many fund companies distribute their gains this time
of year. “Find out who has or has not distributed for the year before
you buy a fund,” said Benedict. “You don’t want to be paying taxes on a
distribution from a fund that you just bought.”

9. Don’t retire yet

People should carefully consider at what age they
plan to retire and should understand how the age of claiming Social
Security will affect the size of their monthly check, said Andy
Eschtruth of the Center for Retirement Research at Boston College. “The
bottom line is that the decision of when to leave the work force has a
tremendous impact on retirement security.”

10. Working in retirement

Art Koff, author of “Invent Your Retirement” and
founder of RetiredBrains.com, said “Anyone with an accounting
background who is retired and is possibly interested in working in tax
preparation during tax season should contact the local office of the
major tax preparers or any independent firm that does tax preparation
as they start the hiring process early in the year for these temporary
jobs. Registering with temp agencies is also a good idea as some temp
firms work with these offices as well.”

Of note, sites that cater to retirees looking for
part-time, temporary and full time jobs and project assignments,
include RetiredBrains.com, RetirementJobs.com, and Seniors4Hire.org.
Koff recommends that those interested in working other than full-time
must state that on their resume.

Just because you retire doesn’t mean you should sit on the front porch waiting for your final days.  There is still plenty you can and should do.  You don’t need a movie like The Bucket List to get you up and motivated.  Retirement is your second life.  Make the most of it by planning a sound retirement. 

Take the few minutes to check your 401k investments, your IRAs, your mutual funds and any other financial investments you have for your retirement. 

Make an appointment to speak with a financial advisor to make sure you’re on the right track.  Many retirement planning advisors now offer a free consultation before they charge you so take advantage of that and get some free advice.

-Adam

Eleven retirement-planning moves that will set up a good 2008 (MENAFN)

Eleven retirement-planning moves that will set up a good 2008

technorati tags:retirement, planning, retirement+planning, retirement+advice