Retirement Planning

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Baby Boomer Retirement Planning

The lens will provide initial focus to baby boomers who are getting ready to retire.  Since I am one of the baby boomers, I will attempt to save some research time on what I have learn and experience so far.  I'm currently retired from the United States Air Force after 26 years of service and I'm currently working as a Professor of Electrical and Systems Engineering at the Colorado Technical University, Colorado Springs.

When it comes to retirement planning, you really and must get started now if you plan to retire about 5-15 years from now.  I will show you a series of videos and articles to help you plan and get ready for retirement.  I do not have an overnight get rich scheme.  That's why you need to get started on retirement planning.  Hopefully, the content that is presented will save you some research time but you still need to put your own effort on what your plans may entail.  If you have not done so already, you need to get educated on two major areas as a major part of retirement planning:

·         Investing:  investing in yourself through financial education such as stocks, real estate,  and other investments

·         Starting your own small business, such as affiliate marketing.

Here are several articles on stocks as part of your retirement planning:   

                  http://freedomuniversity.net/Library/Stocks/index.htm

and here's a top selling ebook at Clickbank about stock trading called the Stock Trading Robot:

                  http://www.linkbrander.com/go/55724

In addition, here are several articles on real estate as another component to your retirement planning:

                  http://freedomuniversity.net/Library/RealEstate/index.htm

My focus will also be starting an affordable and small business as a major component to retirment planning.  Since starting a business online has very low capital cost, my efforts will concentrate in the area of online businesses leveraging the power of the web.

As part of your education on retirement planning, here are some internet marketing articles on Google Adsense.  Before and during retirement, I hope you like to write on topics you love to teach and talk about and earn money while you do it.  So here are the articles on how to monetize on topics you love to write about using the free Google Adsense program.

            http://freedomuniversity.net/Library/IM/Adsense/index.htm

Joining major companies who have affiliate companies is in my opinion one of the most effective methods to generate money.  I written articles on integrating the affiliate programs from Amazon, Google, and Clickbank.  If you are not familiar with Clickbank please see my articles at http://www.squidoo.com/clickbankebook  or visit at http://www.freedomglobalmarket.com  and see how the strategy works designed for newcomers to the online business. 

 

If you like these articles and want to learn more about internet marketing, please visit my Library at Freedom University and my ebook storestore that is currently that will be continually evolve to "Built to Last":

·         Freedom University Library

o       http://freedomuniversity.net/Library

·         Freedom University ebookstore

o       http://freedomuniversity.net/ebooks

I will also recommend books from Amazon that I have used.  If you have particular interest that you really want to see, please let me know. 

Below are some books and videos on retirement planning.

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The Magic of Compounding 

You need to start now because you need to understand the magic of compounding.

To simplify matters, we'll round off numbers for the following investment opportunities

Bank: 1% interest
Bonds: 4% yield
Stocks: 12% yield

Say you invest $10,000. What will it look like in the future? To give you an idea of the power of compounding and why you should start now, see the numbers below:

Bank: $10,051 (5 yrs), $11,105 (10 yrs), $11,610 (15 yrs)
Bonds: $12,170 (5 yrs), $14,800 (10 yrs), $18,010 (15 yrs)
Stocks: $17,620 (5 yrs), $31,060 (10 yrs), $31,060 (15 yrs)

As you can see, the sooner you start the better and you need to start smartly through your self education. If you are retiring in 5 years, putting it in a bank won't do of much value. So you need to start educating and disciplining yourself if you want to retire comfortably.

Depending on your risk for tolerance, the above calculations should give you an idea on starting your planning now.

If you do not want to perform the above type of calculations. You can use the following simple rule of 72. This is how it works!

Divide 72 by the rate of return (1%, 4%, or 12%) and the result is the number of years to double your money. For example, say you invest $10,000, then for the

Bank: 72/1=72 years to double your money to $20,000.
Bonds: 72/4=18 years to double your money to $20,000.
Stocks: 72/12= 6 years to double your money.

This is just one of series of articles that I will be presenting.

Bottom line is to start investing in yourself and educate on how to be financially indepedendent. One of the ways is to start your own business. Please visit my website for an example on how I am leveraging the power of the internet and to start any online business using multimedia as a training tool:

Freedom University



For a financial calculator please go to:

Retirement On Your Terms

Blog Posts from Google 

Retirement Planning

Many couples diverge on retirement planning
Sherrie (left) and Vickie Minze, holding grandson Preston Weir, are not the typical couple - they handled retirement planning together. ...
Planning to retire isn't easy
Other planners reduce expenses based on the projected retirement income and inflation. This creates a fallacy in retirement planning in that it is assumed ...
Retirement Planning Expert Explains the Basic Facts about the Roth ...
Michael McGee is a financial planner who specializes in retirement planning. He recently spoke at a real estate investor's meeting to explain the advantages ...
Consumer education series on personal finance issues
Local finance professionals share insights and advice on issues such as budgeting, managing debt, and retirement planning. Jill Boynton is co-founder of ...

Ben Stein Talks Retirement -- Part 1 

Ben Stein Talks Retirement -- Part 1

Retirement Planning: Getting Started (Part 1) First video in a three-part series on retirement planning, Ben Stein outlines basic steps to begin the retirement planning process, from the use of retirement planning calculators to tips on finding a financial advisor.

Runtime: 2:49
32402 views
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Great Stuff on Amazon 

Retirement Planning

Here are some resources that can help you on your retirement planning

Getting Started in A Financially Secure Retirement (Getting Started In.....)

Amazon Price: $14.96 (as of 07/10/2009) Buy Now

You've Earned It, Don't Lose It : Mistakes You Can't Afford to Make When You Retire

Amazon Price: $11.70 (as of 07/10/2009) Buy Now

Ben Stein Talks Retirement -- Part 2 

Ben Stein Talks Retirement - Part 2

Retirement Income: How Much and How Do I Get It? (Part 2) Second video in a three-part series on retirement planning, Ben Stein gives guidance on the estimated amount of retirement savings the average couple will need, and highlights key investment tools to bolster retirement savings.

Runtime: 3:05
10867 views
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Ben Stein Talks Retirement -- Part 3 

Ben Stein Talks Retirement - Part 3

Variable Annuities and Retirement Income (Part 3) Third video in a three-part series on retirement planning, Ben Stein underscores the benefits of variable annuities as part of a comprehensive retirement plan, including his own family's positive experience using annuities to generate guaranteed retirement income.

Runtime: 3:00
13765 views
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Blog Posts from Google 

Financial Education

Banks renege on financial education
By Jean Eaglesham, Chief Political Correspondent A commitment by the bailed-out banks to increase funding for consumer financial education, in return for ...
Boosting Kids' Financial Literacy During The Summer
... interaction with mom and dad and other relatives,? says Brent Neiser, a certified financial planner from the National Endowment for Financial Education. ...
Guilford Schools gets finance report kudos The Business Journal of ...
The Guilford County Board of Education has received recognition by the Government Finance Officers Association for it annual financial report. ...
Consumer education series on personal finance issues
The National Association of Personal Financial Advisors (NAPFA), a professional association of fee-only financial advisors and advocate for consumer ...

Retirement Planning 

You Tube Videos

Planning for Retirement vs Planning for Old Age

Financial planning, as is obvious from the name of the profession, is directed toward the future. One important aspect of a financial planner's work is "retirement planning"—helping clients invest and manage their funds to make sure they will have enough resources to take care of themselves in their later years. Rick Kahler, CFP, resides in Rapid City, South Dakota and is a fee-only financial planner. He is the co-author of "The Financial Wisdom of Ebenezer Scrooge" and "Conscious Finance," both available on Amazon.com. You can learn more about Rick at wwww.kahlerfinancial.com.

Runtime: 4:37
1188 views
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Great Stuff on Amazon 

Rick Kahler

The Financial Wisdom of Ebenezer Scrooge : 5 Principles to Transform Your Relationship with Money

Amazon Price: $11.21 (as of 07/10/2009) Buy Now

Conscious Finance: Uncover Your Hidden Money Beliefs and Transform the Role of Money in Your Life

Amazon Price: $16.95 (as of 07/10/2009) Buy Now

Conscious Finance: Uncover Your Hidden Money Beliefs & Transform the Role of Money in Your Life

Amazon Price: $49.95 (as of 07/10/2009) Buy Now

You Tube Video 

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Retirement Planning from Other Squidoo Lenses 

Baby Boomer Retirement Planning

Retirement Calculator Helps Baby Boomers Plan for the Future They Want
Retirement can be a nice time to relax, but it may be hard to kick back and unwind if you don't do some financial planning for it. Without the income from your former career, would you be able to live and provide for you and your family for years to come? You may need a retirement guide to
Baby Boomer Retirement Guide
If you are a Baby Boomer then retirement probably crosses your mind every so often. Those of us who are nearing retirement age may dwell on it a little more than those who have ten or more years to go before retirement. But it's something that we all need to look into.We'll look at some of the thing
Retired and Ready to..........
We are looking for people who are already retired or who want to be. We are looking for people who understand that retirement is not successful unless it is your own; not your financial planner's, not your children's, not your employer's; but YOURS. We are looking for people who want to share experi

My Blog - Freedom University for Video Productions 

Focused on Internet Marketing

The purpose of this module is to encourage retired individuals to share there expertise and earn some extra income. I am also encouraging those who are engineers or other technical area to be entrepreneurs. If you are interested in how to start an online business as a netpreneers (internet entrepreneurs in engineering)

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