What It Takes to Prepare for Retirement | Fresh insight into the saving and spending behaviors of retirees.

Title: What It Takes to Prepare for Retirement | Fresh insight into the saving and spending behaviors of retirees.

Article Snip: "...Deciding how much to save for retirement depends on the investor’s circumstances, the report says. This includes their income, the age at which they start saving and the lifestyle they have become accustomed to. For a 25-year-old making less than $90,000, the necessary annual savings rate ranges from 3% to 8%, depending on return assumptions and time horizons, while a 50-year-old man may need to save between 13% and 38% of gross income to achieve the same outcome. These figures demonstrate how early savers have a much better chance of achieving retirement success. ..."

Reference: www.planadviser.com

15 Cheap, Beautiful Places To Retire

Title: 15 Cheap, Beautiful Places To Retire

Article Snip: "Retirement should be about enjoying your life with minimal stress and spending some time in an environment you find pleasing. To do that on a budget though, you'll need to choose a retirement destination that's not only affordable but also features a hospitable climate. To assist you in your relocation plans, GOBankingRates looked at hundreds of U.S. cities to find the cheapest places to retire that feature favorable weather. More often than not, retirees will find the most affordable and sunniest retirement destinations in the southernmost state of the continental U.S. -- Florida. In fact, one third of the 15 U.S. cities on this list are in Florida. To rank in the study, each city had to meet the following requirements..."

Reference: yahoo.com
Beautiful Places To Retire

How is Social Security taxed?

Title: How is Social Security taxed?

Article Snip: "...If your total income is more than $25,000 for an individual or $32,000 for a married couple filing jointly, you must pay federal income taxes on your Social Security benefits. Below those thresholds, your benefits are not taxed. up to 50 percent of your benefits if your income is $25,000 to $34,000 for an individual or ..."

Reference: www.aarp.org
How is Social Security taxed?, Social Security vs Taxes,Taxes on Social Security,