Early retirements from companies tips - Study on life expectancy based on early retirement

Early Retirement Planning

People generally dream to retire early in order to pursue their hobbies or talents and to spend more time with their family. Early retirement helps you to enjoy the golden years of your life and reduces stress. In addition, the medical risks are also reduced as the pressures of job are nil or lesser than regular employment.More...

Advantage Of Early Retirement

Advantage Of Early Retirement

Early retirement lets you enjoy golden years of your life with your near and dear. It reduces stress and gives you flexibility to do what you really want to. Reports state that the life expectancy of a person increases and medical risks reduce due to early retirement. Generally, retirees face health problems after they cross the age of 70. In fact, it is difficult for them to get health insurance after this age. Hence, if you retire early, there is a good chance that you would spend time maintaining your health and thereby reduce the risk of medical complications.More...

 

How To Invest For Early Retirement ?

How To Invest For Early Retirement

Most of the investment options are for those retirees who opt for normal retirement. Hence, if you dream of retiring very early in your life, during your thirties or forties, you may have to save more than half of your monthly income and start investing it than spending it for luxuries and comforts. However, saving your money compromising on basic comforts is not worthwhile.More...

 

Early Retirements From Companies Tips 

Early Retirements From Companies Tips

Every now and then companies offer early retirement plans for their employees when downsizing becomes necessary due to economic slowdown or due to other financial crisis. Although the early retirement plan may look attractive, it is essential to make sure that you will be financially strong enough to support yourself for the rest of your life. You must carefully analyze the plan before you decide to choose one. More...

 

Legal Issues Regarding Voluntary Early Retirement

Legal Issues Regarding Voluntary Early Retirement

Taking into consideration the current global economic scenario, it is not surprising that many organizations are now offering voluntary early retirement schemes and plans to their employees. However, not everyone can qualify for voluntary early retirement. And, whether you are the employee or employer, you should be knowledgeable about the legal issues regarding voluntary early retirement. More...

 

Study On Life Expectancy Based On Early Retirement

Study On Life Expectancy Based On Early Retirement

Earlier it was believed that people who took early retirement ended up having longer life expectancy compared to people who retired at normal age of retirement. However, this belief has now been proven wrong after researchers conducted a study on life expectancy based on early retirement. More...

 

Tax Penalty For Early Retirement Fund Withdrawal

Tax Penalty For Early Retirement Fund Withdrawal

Early retirement fund withdrawal should be included as part of your taxable income for the year that it was withdrawn. The tax penalty for early retirement fund withdrawal is 10 percent of the withdrawn amount and this is applicable if the amount was withdrawn before the person reaches the age of 59.5 years. Also, the person would also have to pay 10 percent income tax on the taxable amount which is in addition to the regular income tax. More...

 

Child Support And Early Retirement

Child Support And Early Retirement

The federal child support guidelines, which came into force on May 1, 1997, states that amount of child support should be based on the income of non-custodial parents and it should be paid as long as the child is dependent (up to 18 years of age). In some instances child support may continue past the age of 18 years if the child has not become financially independent because of illness or disability or because the child is pursuing his higher education. More...

 

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