It’s been a long time since I rounded up some reading that might interest other baby boomers and those thinking about retirement. It’s not that I’ve stopped reading. (I read many financial planning/retirement planning and retirement living articles every day.) I’ve just overlooked sharing a lot of them with you. This week is different. The spectacular fall colors up here on the Cumberland Plateau have inspired me.
< First up is a CNN Money piece on bargains to be had in homes purchased for retirement. The lesson here is that one person’s housing misfortune can be a great deal for someone else. The key is being prepared financially to exploit these opportunities so as not to take excessive risk.
Five Cent Nickel reminds us that it’s not too soon to think about end-of-year tax saving moves. While you are at it, do not overlook the triple tax-free benefits of using your HSA as a retirement investment.
Dough Roller has an excellent summary of systems and expert opinions discussing the topic of how much money you need to retire. I would stay away from that outdated 4% rule on withdrawal rates. Otherwise, there is not much consensus on the retirement nest egg “accumulation phase.” That’s why liability-based investing is the way to go.
I love stories from people of all ages who leave their “cubicle world” and pursue something that is more important to them. Sometimes it’s a young couple who “retire” toward a more satisfying life. (Hat tip to J. Money at Budgets are Sexy). Are you inspired/motivated by these stories also?
Have a great weekend!