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Retirement Essentials

Best Retirement Blogs, Books, and Podcasts to Take Charge Of Retirement Planning

Reading Time: 7 minutes Everyone should educate on retirement by reading the best retirement blogs, books, and podcasts. Retirement planning can be daunting for many. The subject covers various topics that educate us on financial security before, during, and after retirement. These topics can be challenging for several reasons, including: No one really knows how much money they need to support a comfortable retirement. Our world keeps changing, and the cost of living, inflation, and economic changes directly impact our ability to come to rough financial estimates. As the world changes, so do our investments and savings.  These challenges make it nearly impossible for people with no retirement planning skills to approach the topic. Luckily, the online world is home to endless resources and educational material to aid your retirement planning journey.  And that’s why we advocate reading retirement blogs, books, and podcasts. But with so many of these readily available, it can be equally difficult to determine which deserves our attention. Fear not; we have a comprehensive guide to walk you through the process. These retirement blogs, books, and podcasts are run by financial experts who’ve devoted their lives to advising those with little to no retirement skills.  Therefore, in this article, we’ve compiled a list of the best retirement blogs, books, and podcasts to help you take charge of your retirement planning. 5 Best Retirement Blogs When it comes to retirement planning, the internet is home to an abundance of established and up-and-coming retirement blogs that provide readers with up-to-date information. These blogs are run by finance industry professionals who share their wisdom on all things retirement-related.  Mr. Money Moustache  Mr. Money Mustache is a well-known and one of the best retirement blogs available on the internet. The blog offers an innovative and refreshing approach to retirement planning that challenges conventional wisdom and promotes financial independence. Mr. Money Moustache emphasizes the importance of early retirement. What separates this retirement blog from others is the author’s first-hand experience with the subject. The author gained financial independence by 30 and shares his wisdom with everyone willing to read his blog. He also argues that adopting a frugal and mindful lifestyle makes it possible to retire early and enjoy a fulfilling and meaningful life without relying on traditional retirement savings plans. Mr. Money Mustache also provides practical retirement tips and advice for managing finances, investing, and reducing expenses. The blog’s clear and concise writing style makes it seamless for readers to understand and implement complex financial concepts in their own lives. The author also emphasizes the importance of developing a particular type of mindset – coined Badassity – towards money and retirement, which is a critical factor in achieving financial independence. NerdWallet NerdWallet is yet another established financial blog that educates readers on the importance of personal finance literacy. It is one of the most well-known retirement blogs and one you’ve probably heard of before.  NerdWallet covers a wide range of personal finance topics, of which retirement is one of them. The experts at NerdWallet write well-researched and articulated retirement articles to educate readers on the importance of retirement planning. In addition, NerdWallet’s retirement section also covers retirement guides, Social Security, 401(k) guides, and more.  But the blog’s stand-out feature is its use of interactive tools and calculators. These tools and calculators are available for readers and act as supportive elements in their retirement planning. From retirement savings calculators to retirement plans comparative tools, NerdWallet has everything readers need to gain retirement literacy.  Investopedia Investopedia is, by far, one of the best financial websites. But we’re happy to include them on their list of best retirement blogs for a few reasons. First, the depth and breadth of its retirement coverage make Investopedia one of the best retirement blogs. Expect to read guides, planning steps, and comparison articles in their retirement section.  Secondly, Investopedia’s editorial team is considered industry experts. They love what they do and are more than happy to share their love of money with others. Lastly, Investopedia’s retirement section publishes regular articles with up-to-date information.  Similarly to NerdWallet, Investopedia has numerous great features to aid readers in retirement planning. But probably the stand-out feature of their retirement section is the use of case studies and examples to illustrate retirement planning concepts and ideas.  Investor Junkie Yet another top-rated retirement blog is Investor Junkie. Unlike other retirement blogs on our list, Investor Junkie emphasizes retirement planning through investing. Although, expect plenty of well-researched articles and guides on retirement planning as a whole. Investor Junkie provides readers with up-to-date information on 401(k)s, Social Security, retirement plans, and more. However, the blog’s stand-out feature is the use of practical guides and strategies for managing retirement accounts and building diverse retirement portfolios. Through these examples, readers can plan retirement independently and at their own pace.  Investor Junkie is a well-established and respected website covering all financial aspects, not just retirement. NewRetirement While the above-mentioned retirement blogs go beyond retirement planning and investing, NewRetirement focuses exclusively on these subjects.  NewRetirement isn’t solely a retirement blog, however. Instead, it is a project with a product aimed at individuals who want to take financial wellness into their own hands – as they say, themselves. Nevertheless, the financial experts at NewRetirement run a blog where readers can gain insight into retirement planning, saving, and investing. NewRetirement covers topics few retirement blogs cover. Popular examples include Real Estate retirement, debt and retirement, retirement budgeting, and more.  They also offer numerous retirement tools, such as retirement calculators and lifetime annuity calculators.  5 Best Retirement Books Like retirement blogs covering all aspects of retirement, there are books on any retirement topic. Books are the preferred medium for many individuals who want to educate and take charge of their retirement journey. The books we’ve selected on this list are written by bestseller authors and personal finance experts who’ve put pen to paper to help you set and reach your retirement goals.  The Simple Path to Wealth by JL Collins The Simple Path to Wealth

9 Emotional Signs You Need to Retire

Reading Time: 4 minutes It is hard to decide when to retire, and having a set of emotional signs you need to retire can make the decision easier. For some, the choice depends on whether they feel ready to start living a more leisurely life of travel or spend time with family. For others, the reason could be finding a new hobby or even an inability to deal with stressful tasks. More often than not, it is a choice muddled by emotions, which is problematic. The problem is that many people honestly do not know when they are ready to retire. Consequently, here are the nine emotional signs you need to retire. Envy and Stress Envy is perhaps the earliest sign of impending retirement. When you start feeling envious of coworkers nearing that period, it might be the best time to start preparing for retirement. It is a clear sign, yet many people tend to miss it. You should not feel concerned about your newfound envy – you should take it as a sign that you are ready for a different pace of life. After all, this is just an emotional sign you need to retire. Even without this article, you should know that constant stress means you are ready to retire. Although many people feel stress throughout their working lives, there comes a time when they feel as if they can no longer cope with it. When that time comes, it is best to retire early. Apathy and Musing Another common sign that you should retire now is apathy. For many, indifference is not uncommon. However, when indifference turns to apathy, it is usually an emotional sign you need to retire. Be careful not to confuse this feeling with job dissatisfaction. While the former might mean you need to retire, the latter means it could be time to switch jobs. Musing is harder to notice. Many people spend time musing on various ideas. Although, when you find yourself constantly musing about how your job stops you from spending time with family and becomes too great of a burden, it could mean it is time to retire. Dissatisfaction and Complacency Dissatisfaction can come in many forms. After all, it has become an inadvertently integral part of many workplaces. Part of the problem is that many people disregard the emotional signs you need to retire. It is hard to take dissatisfaction as a definite sign that you should retire, but if the time is right, it might as well be. People are always looking forward to retirement, but if the job is unfulfilling to the extent that it is all you can think about – retire now. Have you ever felt as if you have done all you could in your field of work? This feeling often comes with a sense of accomplishment, but sooner or later, it brings complacency. Complacency does not have to be a negative feeling. After all, there comes a time when you truly have used up all your networking opportunities. Additionally, you may have done everything you could or wanted to do in a specific field, which is why complacency is often an emotional sign that you need to retire. Anger and Frustration Nowadays, fast-paced work environments have made sure that anger and frustration are unavoidable. As people grow old, they lose the ability to filter these emotions. Suddenly, these two crucial emotions that had once been their drive to succeed have now become a hindrance.Similar to aging, retirement is an unavoidable phenomenon. The more time you spend working, the closer you are to it. As a result, these emotional signs that you are ready to retire are often a hard pill to swallow, especially for those who have spent their entire lives dedicated to a profession. However, as many adjust to their retirements, they soon realize that it may not have been such a negative aspect of life. Depression Depression, the last and most important of the emotional signs that you need to retire, is often the most downplayed of them all.It is the one emotion that all of the previously mentioned ones lead to if left unchecked. Accordingly, it should be one of the most obvious signs that it is time to retire. Many deal with depression after retirement, which is why it is best to address it as soon as possible. Neglecting to do so can lead to various issues down the line, which is why work-induced depression should not be taken lightly and often calls for early retirement. Planning for Retirement Although any of these emotions could justify retiring early, the question is whether you can retire early. This, in turn, depends on a select few variables. Afterword In summary, there are numerous emotional signs that you need to retire. Not all of them should be taken seriously, and not all of them should be taken lightly. In the end, it is up to the person to decide whether or not it is the right time to retire.Nevertheless, people are often unaware of their emotions and could feel as though they have an obligation not to retire. In the end, if you have the means to and no longer feel the need to work, it might just be a good time to retire.