Florida has the second-largest population of Americans 65+ years old in the country. And it’s not just by chance: warm weather and no state income tax are some of the benefits that draw retirees to the Sunshine State. The problem? Florida isn’t always the paradise retirees expect it to be. During my five years living…
Despite concerns about inflation and overall preparedness, Americans are looking forward to retirement, according to new survey research Wealth Enhancement conducted this year. 77% of Americans expressed positive emotions such as happiness (45%) and gratitude (37%) when asked how they feel when they think about retirement, according to the study of 1,000 U.S. adults. For…
Some Virginia residents choose to relocate to a different state upon retiring, while others set sail for another country. U.S. News & World Report ranked the best countries for retirement based on various factors, including friendliness and a pleasant lifestyle. The United States didn’t make it on the list, so travel-loving Virginians might find a…
Early retirement may seem like the dream for many West Virginians, who notoriously work long hours with little vacation time. But some might feel nervous about retiring early for various reasons, such as fewer benefits or limited savings. While it’s worth knowing the potential drawbacks of retiring early, if you dream of an early retirement,…
The retirement age for Americans depends on who you ask. Some say it’s 62, which is when you can start collecting Social Security benefits. Others go by the Internal Revenue Service (IRS) guidelines: 65 years old for people born before 1960 and 67 for those born after. Regardless of the age you plan on retiring,…
Retirement is a valued goal for many hardworking Americans. According to a survey by Lincoln Financial Group, 60% of retirees would go back in time and change the way they planned their retirement if they could. While retirement dreams often focus on gains, the reality may involve letting go of certain things. But bidding farewell…
Retirement: It’s on you. With the near-disappearance of traditional pension plans and the rise of individual retirement accounts like 401(k)s, the pressure of saving for retirement has shifted to personal responsibility. This shift, coupled with stagnant wages and rising living costs, has left many Floridians and Americans across the U.S. anxious about whether they’ll have…
Imagine this: You’ve waited your whole life to retire. But now that your retirement has arrived, people suddenly start making less-than-flattering comments about their perception of what you’re doing (or lack thereof). Perhaps you even used to believe things about retirees that those people say to you. But just like it’s hard to convince a…
Who said you should stop traveling in your golden years? For some, it might be the best time to explore the world and enjoy a well-deserved getaway. So, whether you’re a fit retiree seeking adventure or you want a relaxing, easy-going vacation, these are the 20 destinations worth putting on your retirement bucket list. 1:…
Baby boomers often face criticism from younger generations, who sometimes wonder why older folks don’t just retire. However, when you consider their perspective, it becomes clear why many boomers choose to continue working into their golden years. With the cost of living in many parts of Florida being so high, these are some of the…
