Retirement Goals Archives

18 09, 2023

2 Ways to Take Care of Debt in Retirement
2 Ways to Take Care of Debt in Retirement

2 Ways to Take Care of Debt in Retirement

BML Wealth Marketing2023-09-18T06:30:30-07:00September 18, 2023|Financial Planning, Retirement Goals, Retirement Planning|

The unfortunate reality is that many Americans are now headed into retirement with some amount of debt.[1] In 2016, almost 61% of Americans were moving into the retirement stage of their life with unpaid debt.[1] And while you may think that your expenses will decrease once you retire, that isn’t always the case.[1] Sometimes, your expenses will stay the same, and other times, your expenses will go up. Unfortunately, there’s no way to predict your month-to-month costs in retirement. You can estimate based on your current lifestyle and costs, but there is no magic number [...]

14 08, 2023

Understanding Your Savings Goal – How Much Do You Really Need to Retire?
Understanding Your Savings Goal – How Much Do You Really Need to Retire?

Understanding Your Savings Goal – How Much Do You Really Need to Retire?

BML Wealth Marketing2023-08-14T10:33:07-07:00August 14, 2023|Retirement Goals, Retirement Income, Retirement Planning|

“How much do I need to retire?” This is one of the most frequently asked questions in the world of retirement finance. If you don’t have a lot of retirement planning experience, it can also be a tough question to answer. This article will hopefully give you some sense of where you might want to be headed in terms of answering this question and also get you up to speed on the classic retirement savings advice. Firstly: There is no specific retirement savings number universal to all people. This probably isn’t the answer you were [...]

6 05, 2022

Will You Go Part-Time Before Fully Retiring?
Will You Go Part-Time Before Fully Retiring?

Will You Go Part-Time Before Fully Retiring?

BML Wealth Marketing2022-05-06T11:14:55-07:00May 6, 2022|Retirement Goals, Retirement Income, Retirement Planning|

While many look forward to retirement, it can be a difficult transition when it really comes down to it. Some people don’t know what to do with all of their free time and miss the personal connections that work used to provide. Perhaps that’s why more people are opting to go part-time before fully retiring. Here’s what to keep in mind if you’re considering this. Transitioning to part-time employment can give you some of the freedom of retirement while keeping familiar routines and relationships in place. It can also help you figure out a plan [...]

7 08, 2020

3 Ways to Create Your Own Blue Zone
3 Ways to Create Your Own Blue Zone

3 Ways to Create Your Own Blue Zone

BML Wealth Marketing2020-08-07T15:11:54-07:00August 7, 2020|Lifestyle, Retirement, Retirement Goals|

Have you heard of “Blue Zones”? No, they’re not places where everyone is a Democrat. They’re places in the world where there is an unusually high number of people living into their 90’s and even 100’s. These populations are known for maintaining good health well into old age. It’s not that they have special technologies, or the best doctors, or special genes – it’s thought to be their lifestyle. “Blue Zones” are found all around the world: The Italian island of Sardinia, Okinawa in Japan, and Loma Linda in California were the first to be [...]