Posts Tagged retirement plan

How much of the current unemployment figures are the expected rise from baby boomers retiring?

Posted by on Friday, 16 July, 2010

My Boomer Tips

Are the current unemployment expansions within a properly reasoned expectation of retirements?
Yes, they drop out if they do not seek re-employment... Many go on to seek work when they retire as a second income provided their retirement plan does not bisbar it.
So we need to determine what percentages of those who typically retire seek re-employment and compare those to current retiring workers.


I am 50 years old,I want to retire in the next five years do I ?

Posted by on Monday, 28 June, 2010

My Boomer Tips

Have enuff saved to retire in a modest life style? I will have worked for the federal gov for 30 years with a high 3 salary average of 0K and have my retirement plan in CSR which will pay me an annunity plus I now have 5K in the TSP but it will be more in 5 years I put in K a year now.
I have K in a CD ,2K in a money market savings acct. I have K in a 401-K acct at an old job. I own real estate (2 homes and 11 acres of land)valued at 0K and I have k in US savings bonds. I have 0 dollars income a month,until 2018, from a loan I loaned a family member. I own cars and boats worth K , Do you think I will be able to retire at age 56 and be able to survive until I die of old age?


If pro boxing have retirement plan for aging boxers would Mosley be retired by now?

Posted by on Saturday, 5 June, 2010

My Boomer Tips

Also would KFC Mayweather jr being retired already would he have come out of retirement ?
Mosley 40 yrs old, Mayweather 35 yrs old.
this yr 2010.
Getting old is a part of life.
All pro boxers who are of certain age should be given option to retire. Of all sports,
pro boxing should have retirement plan.
Not all pro boxers are rich when they reach the age of 33.


which government agency I should complaint regarding retirement plan roll-over from former employer?

Posted by on Saturday, 5 June, 2010

My Boomer Tips

I have a cash balance retirement plan from my former employer, it's similar to a 401k. when I tried to request a roll over to my present employer's 401 k . I have receive no reply for month. what should be my next step?


Best retirement plan for 30 year old?

Posted by on Friday, 4 June, 2010

My Boomer Tips

I'm almost 30 and I have not yet started planning financially for retirement. In the next month, I'll be eligible through work to start a retirement plan, but I have NO idea what I'm doing or the difference between the options. I make around 80K, have a 10k/yr child support obligation. Any suggestions?


I am a W-2 contractor, my company does not offer a 401K plan, how much i contribute pre-tax for retirement?

Posted by on Thursday, 3 June, 2010

My Boomer Tips

how can I contribute to a pre-tax retirement plan and how much can i contribute??


Why does my W-2 have retirement plan X'ed on box 13?

Posted by on Sunday, 30 May, 2010

My Boomer Tips

I just received my W-2 and I noticed an X on retirement plan on box 13. But I did not sign up for a retirement plan. And I did find something odd with the amount of money I was getting per check after taxes. Would I be able to reteive this money? I can't afford to save a dime on a retirement plan right now.


how do i save for retirement when my employment does not offer a retirement plan?

Posted by on Friday, 28 May, 2010

My Boomer Tips

i recently started a new job, it's a union job, which has great medical benefits and sick time and paid time off, but it does not offer a retirement plan. what should i be doing to save for retirement?