Tip! The best way to help you start making your retirement planning is to consult your

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It’s certainly not a pleasant thought to think about: traditional pensions are disappearing and Social Security is on the road to bankruptcy. Yet the biggest obstacles that can threaten your retirement funds aren’t always mentioned in the headlines.Setbacks like losing your job and life-threatening medical conditions are surprisingly common in later life.A recent Boston College study has found that the results can be particularly devastating for those nearing retirement. The college’s Center for Retirement Research studied people in their 50s and 60s and found that: Twenty percent of workers lost their jobs during the 1992 to 2002 study period. Among married couples, nearly one in three experienced job loss. - Forty-one percent of those studied were diagnosed with a major medical condition such as heart problems, diabetes or cancer. - Thirty-four percent experienced health-related limitations on their ability to work. - Eight percent were widowed, 7% experienced a severe disability and 4% divorced.Overall, the study found 6 out of 10 people in their 50s and 60s experienced some kind of serious negative shock that threatened their financial security.How to protect yourself:These are scary statistics, but they convey an important truth about retirement planning: you can’t assume everything […]

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Guanaja Honduras, a Bay Island paradise, located in Central America may be the next HOT SPOT for affordable retirement. Many Baby Boomers are now at retirement age and others are just looking to retire early, but how? The economy is sluggish and the US dollar has reached all time lows. They have workedhard to save for their golden years and now, faced with this financial crisis, the golden part is now tarnished and we are just left with years.The question is,what are we, the new “old folks” really looking for in retirement? How about warm tropical breezes and the pristine blue waters of the Caribbean Sea? Would you like to trade in that rocking chair on the porch for a hammock swinging gently under some rustling palm trees or the clicking of knitting needles for the ZING of fishing line? We still have our health and many of us want a little adventure with our advancing years!Guanaja, a small island off the coast of Honduras, may just be the answer. Land is still inexpensive on this little island paradise and, so far, it has managed to fly under the mainstream radar screen as […]

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