Many individuals tend to make the same types of retirement planning mistakes year in and year out.
Bayside, N.Y (PRWEB) October 23, 2012
Personal Finance expert Walter Edelstein, CFP® is providing simple, and easy to implement advice, that consumers need to follow to help them achieve their retirement planning goals. The articles provide specific recommendations for how to avoid common retirement planning mistakes, and also what to do if not enough money has already been set aside for one's retirement.
Consumers continue to need to get objective information on best practices they can use to improve their finances. Walter Edelstein provides consumers with free information and easy to implement practical ideas to help them achieve their personal financial goals through TheAdvice.com Personal Finance Site Network. Following is a summary of some of the new “How to” articles that focus improving the prospect for a financially independent retirement.
-- Don’t Have Enough? Five Ways to Boost a Retirement Shortfall
According to Mr. Edelstein "it can sometimes be difficult to figure out how much you need to save for retirement. Many people use online retirement calculators to help them determine how likely they are to reach their goals." While these tools can help gauge whether, and what extent one is making good progress towards those retirement goals, they can also provide a useful warning if not making progress quickly enough.
Fortunately, there are steps that can be taken to help make a retirement more financially secure. Simply worrying about the level of retirement savings won’t benefit unless actions are taken to change the situation. This article identifies how to do a better job at boosting your retirement income.
-- How to Avoid Common Retirement Planning Pitfalls
Planning for retirement is the ultimate do-it-yourself project. With the steady decline of employer sponsored defined benefit retirement plans, we all now have responsibility for our own retirement futures. Unfortunately, the consequences of bad retirement planning can significantly affect the quality of life during the later years.
"Many individuals tend to make the same types of retirement planning mistakes year in and year out", according to Edelstein. The things that tend to provide problems for people when they reach retirement are not really a mystery, and with a bit of work and focus, most of these mistakes can be eliminated. This article provides consumers with the basic knowledge of how to avoid these pitfalls.
About Walter Edelstein's TheAdvice.com Personal Finance Site Network
TheAdvice.com Personal Finance Site Network was launched in 2009, and since then has provided consumers with hundreds of free articles and financial tips across a broad array of personal finance topics. Several of the sites in TheAdvice.com Personal Finance Site Network include:
Credit Card Advice – where consumer can learn how to establish credit, protect credit, choose the right credit card, and unlock the secrets of a credit report.
Banking Advice – where individuals can discover the ins and outs of checking accounts, savings opportunities, direct deposit and other services offered through banking institutions.
Mr. Edelstein has financial experience that spans over thirty years. It includes being a Certified Financial Planner™, having a Master's Degree from Columbia University, and having served as Chief Marketing Officer for a major online bank where he honed his online marketing skills to help consumers achieve their financial goals.
TheAdvice.com proudly reaches out with this network of personal finance websites to help individuals and families discover the path to financial knowledge.