How Do You Define Retirement?

Retirement Definition

One thing that becomes astoundingly obvious if you study personal finance with a goal of retiring early, is that there are a vast number of opinions on the definition of retirement. Isn’t the internet great! 🙂 This shouldn’t surprise us too much because, Personal Finance is, well… personal. There are those that wish to retire to an extravagant lifestyle with lots of international travel, fine wines and antiques and those

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Saving Too Much For Retirement?

I recently came across an old article from the New York Times that offers us a view of retirement planning that we don’t often hear…are we saving too much? According to them, the financial industry, with its ostensibly objective online calculators, overstates how much money someone will need in retirement. Some, in fact, contend that financial firms have a pointed interest in persuading people to save much more than they need

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Baby Boomers Getting Deeper In Debt!

A recent article in The Globe and Mail has me slightly concerned about the financial well-being of our baby boomer generation. It appears that there has been a trend of late (from 2001-2006) according to census data that shows baby boomers assuming more debt. Why This Concerns Me At a time when many folks should be enjoying life and harvesting the fruits of their labor, they have assumed more debt.

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