Tag Archives: Retirement

Baby boomers retiring will affect the economy – here’s how | MSN money

By Alan Jones, 6 days ago

1 of 21 slides

Baby boomers retiring will affect the economy – here’s how North America went through a period known as the ‘baby boom’ after World War II, in which birth rates shot up dramatically for about two decades.

The first members of this generation reached retirement age in 2011, and the continued departure of baby boomers from the labour force is impacting the economy in interesting new ways.

Editor’s Note: See the link below to see the slideshow story…

Source: Baby boomers retiring will affect the economy – here’s how

The Simple 4 ETF Retirement Portfolio – ETF Focus on TheStreet: ETF research and Trade Ideas

This group comes with ultra-low fees, strong diversification and flexibility that would be appropriate for many retirees.

By David Dierking, Aug 19, 2021

Schwab U.S. REIT ETF (SCHH)

With more than 2000 different ETFs to choose from currently, retirees can position their portfolio in almost any way they want by targeting or overweighting just about any region, sector, theme or strategy they can imagine.

One thing the ETF industry does perhaps the best is exactly the opposite of variety – simplicity.

If you want a widely diversified portfolio that hits on all the major asset classes, ETFs can do it.

Better yet, you can have this kind of core portfolio for a cost of next to nothing. According to ETF Action, there are currently more than 70 different ETFs that charge 0.05% or less annually.

Source: The Simple 4 ETF Retirement Portfolio – ETF Focus on TheStreet: ETF research and Trade Ideas

Best and worst states for military veterans | Atlanta journal-constitution

Georgia News | May 24, 2021, By Nancy Clanton, The Atlanta Journal-Constitution

Photo by Pixabay on Pexels.com

This coming weekend is about honoring our military personnel who died serving our country, but we can’t forget about those who retire and return to civilian life.

Even without a pandemic, retirement from the military is always difficult, with many retirees facing major struggles that include post traumatic stress disorder, disability and homelessness.

These veterans must also consider how state tax policies on military benefits vary, along with the relative friendliness of different job markets and other socioeconomic factors, when choosing a state in which to settle down.

In order to determine the best and worst states for military retirement, financial website WalletHub compared the 50 states and the District of Columbia across three key dimensions: economic environment, quality of life and health care.

According to WalletHub’s analysis, the best state for military retirees is Virginia, with a score of 61.05. South Carolina, Florida, South Dakota and Alaska, in that order, round out the top five.

Georgia finished No. 19 overall, with a score of 53.18. Although the Peach State was No. 8 for economic environment — coming in fifth for most job opportunities for veterans — and No. 19 for quality of life, it was No. 34 for health care.

Continue reading Best and worst states for military veterans | Atlanta journal-constitution

2021’s Best & Worst States for Military Retirees | Wallethub

John S Kiernan, Managing Editor, May 24, 2021

Photo by RODNAE Productions on Pexels.com

As military personnel retire this year, some of whom will be the last American forces withdrawn from Afghanistan, they may find it difficult to readjust to civilian life.

For example, the U.S. is still dealing with the COVID-19 pandemic, which has killed more Americans than World War II did. Plus, the high unemployment rate caused by COVID-19 may stand as an obstacle to any former military personnel looking to get civilian jobs.

Even without a pandemic, retirement from the military is always difficult, with many retirees facing major struggles including Posttraumatic Stress Disorder, disability and homelessness.

These veterans must also consider how state tax policies on military benefits vary, along with the relative friendliness of different job markets and other socioeconomic factors, when choosing a state in which to settle down.

In order to help ease the burden on our nation’s military community, WalletHub compared the 50 states and the District of Columbia based on their ability to provide a comfortable military retirement. Our analysis uses a data set of 30 key metrics, ranging from veterans per capita to number of VA health facilities to job opportunities for veterans.

Screenshot from article…

Source: 2021’s Best & Worst States for Military Retirees

Baby Boomer Migration Tilts Toward Las Vegas, Tampa And Phoenix

Editors’ Pick | Apr 28, 2021,03:23pm EDT | 517 views

Brenda Richardson, Senior Contributor, Real Estate, I cover residential real estate, including buying, selling and trends.

Sunny retirement locations are still a big draw for Baby Boomers.
getty

Baby Boomers are the wealthiest generation of Americans alive today, and while some may no longer be active in the housing market, plenty are still looking to buy homes.

But where are Baby Boomers looking to buy? To answer this question, LendingTree analyzed mortgage purchase requests made in 2020 on the LendingTree platform across the nation’s 50 largest metropolitan areas.

Here’s what the study found:

Las Vegas, Tampa and Phoenix are the metros where Baby Boomers make up the largest share of mortgage purchase requests. In Las Vegas, 19.97% of purchase requests came from Baby Boomers. In Tampa and Phoenix, the numbers are 17.33% and 16.36%, respectively.

–from article
Continue reading Baby Boomer Migration Tilts Toward Las Vegas, Tampa And Phoenix

The results are in: These are the worst states for retirement in 2021

Serah Louis, Sat, April 17, 2021, 7:00 AM·23 min read

The results are in: These are the worst states for retirement in 2021

No matter where you choose to retire, you’ll be able to sleep in late, go for long walks in the afternoon and work on that book you always wanted to write.

But when it comes to your budget, health, safety and overall quality of life, the state you live in really does matter.

Every year, multiple studies claim they can show you which states are best or worst for retirement. They almost never agree, so we’ve averaged three of this year’s state rankings into one master list.

Here are the 25 states to write off your short list, counting down from bad to worst.

Editor’s Note: List of all 50 states ranked at end of article…

Source: The results are in: These are the worst states for retirement in 2021