Your library for financial planning, tax aide, consumer reviews, social security.
|
|
Monday, 01 December 2008 15:04 |
Despite the uneven economy this past year, there are still ways for senior citizens to save a significant amount of money on their upcoming 2008 income taxes.
"Senior citizens are being squeezed like never before and need to take advantage of any savings available to them. With a few savvy moves, senior citizens can save themselves hundreds or even thousands of dollars in income taxes," said Eric Bachman, founder and CEO of Golden Gateway Financial, a financial resource for seniors and retirees. |
|
Read more...
|
|
|
Friday, 14 November 2008 12:04 |
Senior citizens hoping to enjoy their golden years with financial freedom might want to steer away from the stock market in light of the economic downturn.
All over the U.S., retirees are seeing their portfolios shrink, which forces them to cancel vacations and cut back on other luxuries, reports the New York Times.
Despite warnings to older investors to avoid stocks, many of them purchased them in the hope of receiving a bigger return in the market, according to the article. |
|
Read more...
|
|
Tuesday, 04 November 2008 09:07 |
The average Briton would need a pension that worked out as the equivalent of two-thirds of their current salary in order to enjoy the same type of lifestyle in their later years, one sector commentator has claimed.
Adrian Lowcocks, senior investments advisor for Bestinvest, said the idea of a pension was to provide them with the same standard of living that they may have been used to when they were in employment. |
|
Read more...
|
|
Tuesday, 04 November 2008 09:07 |
Retirees should be taking the time to search out the best deals when they are buying products or securing services, one sector commentator has claimed.
A spokesperson for the charity Age Concern also added that older people should make sure they claim any money benefits or concessions they may be entitled to, in order to reduce their household outgoings.
"We would always advise people to start saving into a pension as early as possible in order to build up a decent retirement income and encourage those who have retired to make their money go further," the representative explained. |
|
Read more...
|
|
Tuesday, 04 November 2008 09:07 |
The increasing life expectancy of Britons may be putting the value of retirement savings at risk, one sector commentator has claimed.
Owen Walker, assistant editor of Pensions Management magazine, said people wanted to save enough to be able to afford the retirement years they wanted.
He explained a big part of this funding came from property, which many older people still believed would provide their best source of income once they left employment and would also leave them with enough money to pass on to their dependents once they had passed away. |
|
Read more...
|
|
|
<< Start < Prev 1 2 3 4 Next > End >>
|
|
Page 1 of 4 |
Finances and Work
RSS Article Feed
