Countdown: 1 year to retirement

Experts advise clients to begin planning for this transition five years in advance, but a one-year time frame can work if you are focused and decisive.

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Oct 4, 2013 2:11PM
retirement will be a myth within a year if Americans don't kick out the anarchists in congress who do not believe in a government by the people and for the people .
Oct 4, 2013 7:47AM
The keys are advanced planning and personal responsibility.  Sounds like most things in life unless you are a member of the dependency class who believes that the centralized federal government should take care of you from cradle to grave.
Oct 4, 2013 12:56PM
When I decided to retire my obligation to the company was due to expire in 2 weeks, rather than sign on for 2 more years I  gave notice and left the day before my 70th birthday. It took me 6 months to determine where I wanted to live, in the meantime I took a long motorcycle trip around the U.S. On this trip I decided to retire with 5 countries between me and my former home. I sold everything that wouldn't fit in 2 suitcases and flew off.  Debt free and a little savings and the balls to just do it.
Oct 4, 2013 11:00AM
Retirement is itself a job. It's not easy to explain that idea to you. But when you retire, you shall understand.
Oct 4, 2013 9:34AM
We're just tired and will never get to RETIRE.  Freeloaders will suck the system dry, uh, drier....
Oct 4, 2013 10:02AM
If we had dialed back risk when we retired in 2009 I would have lost 100% of the value of my retirement savings (which have doubled from 2009-2013). I'd love to dial back risk - but with CD's earning 1%, Bonds losing value and Treasuries intentionally deflated by the feds, what is one to do? This is the financial landscape fabricated by the current administration (ostensibly for the middle class?). Think Keynesian my friends.
Oct 4, 2013 3:10PM
work identity?? I don't think I'm gonna feel too bad about leaving "corporate slave" behind...
Oct 4, 2013 3:25PM
MSN continues to report ideas from financial advisors and wealth management companies. If you are near retirement, you have already heard countless times about when to take Social Security, according to the financial gurus, and to reduce debt and to plan your budget of expenses and income. Wow that is enlightening!! We have all given that serious thought and in this real world we live on a budget. 

It would be far more beneficial to hear an unbiased discussion (on this site) from a cross section of folks who are already retired and how they are coping or thriving and just plain living in retirement. 

Come on MSN, we don't need the same old rehash of the same ideas every few weeks. 
Oct 4, 2013 1:04PM

Retire?  That means you have means.  Then the Obamazombies will take from you what they can in order to sit on the couch and veg.  Then, you can get a few part time jobs to stay alive.


Worst, most destructive president ever.

Oct 31, 2013 8:35AM

If only we could all become illegal immigrants, our retirement worries would be over pesky taxes, free healthcare and all the benefits you could ask for

Oct 4, 2013 4:05PM
I retired and went on a contract basis with my employer of the last 30 years, and have discovered a new me.  I'm able as a contractor to work when I want to and in this day and age, I actually get more done from my home computer.  When I first left the company I thought it was forever but I missed the mental environment and got bored!  Anyway, I plan to keep this up for a couple of years before I finally log out.......................... 
Oct 4, 2013 12:15PM
I would like to see Obummer retire, Soon.
Oct 31, 2013 1:06AM

It's not all that complicated.

Just ask yourself this:

If more people are riding the wagon than pulling it, do you want to ride or pull?

As Rome went, so are we.

I'm going down golfing.

Oct 4, 2013 8:08PM
Yawn - this information feels like the same old drivel parrotted in every other article about retirement - I really would like to see something addressing the diverse situations faced by baby boomers in the world of today, not the predictable dreamy, irrelevant retirement world of yesterday. For example, millions of boomers heading to retirement years lost their financial lives lives to corporate layoffs and many have never recovered the same income level AND lost huge on their 401K's/investments AND spent down savings to survive AND lost serious home equity AND face very real ageism in hiring - so what  recommendations do you finance gurus have to offer to these people?  This elephant in the room reality does not seem to get any productive press or attention - why is this?
Oct 4, 2013 4:20PM

Everyone is right - planning is the most important part of retirement and future needs.  Trusts, Powers of Attorney, living wills, etc. are also necessities in your planning.  Don't forget to let your kids know what you want or prefer but do not make them make promises they can't keep.  Our health can change rapidly  and plans need to accommodate those changes.

Oct 4, 2013 11:10AM
OK, knowing, as all Americans and especially as msn knows, about 50% of the entire nation is thoroughly incompetent at both providing for themselves on a daily basis as well as worthless as fellow citizens ............. YET they still dream that it is some stereotype or miscommunication and can't really be true that about 50% of the entire nation are too stupid to provide for themselves while working, BUT SOMEHOW THIS COMPLICATED DIRECTIVE THAT IS ABSOLUTELY DEPENDENT ON ONES' ABILITY TO PLAN, DENY ONES' SELF NOW IN FAVOR OF LOGICAL SAVINGS FOR THE FUTURE AND TO THINK  ABOUT THE YEARS TO COME WILL THIS TIME FINALLY SINK IN!!!!!
Oct 4, 2013 4:50PM

You people who are retiring are in for a big shock.  check what your medication is going to cost you and you'll be looking for a job. with OBAMA CARE my wives insulin as gone up 96.00 in just this months alone. the druggist said it's due to increases of the OBAMA CARE ACT.  BE CAREFUL. CHECK BE FOR YOU RETIRE. I'M 78 AND STILL WORKING. I'M NOT LAZY.

Oct 31, 2013 9:39AM
2460 days to go......but who's counting....
Oct 4, 2013 8:16AM
Watch out paying your mortgage early. We paid ours off 3mos. early and our credit rating dropped 50pts. Reason--we no longer had that payment to rate. Lending companies have you by the short hairs. Used to be if you could pay off early it improved your credit not any more.
Oct 4, 2013 3:32PM
Know how to tell a SENIOR in the elevator on Medicare from a SENIOR on MEDICADE ? The one on MEDICARE smells like **** because the one on MEDICADE gets FREE diapers !
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