Recommended Reading

• What They Didn't Tell Ya About Money In High School Part 1
• What They Didn't Tell Ya About Money In High School Part 2
• What They Didn't Tell Ya About Money In High School Part 3
• What They Didn't Tell Ya About Money In High School Part 4
• What They Didn't Tell Ya About Money In High School Part 5
• How to Stop The "N.F.L. Syndrome" From Stealing Your Retirement
• To those who want to save more money in 2009 and beyond...
• To single mothers who need to salvage their 401K's...
• How to Save $100 a Week In Three Easy Steps

About Retirement Calculator, Inc.

CBS The Early Show

Watch the video clip

Recommended Reading

• Retirement Calculator
• How to Build A Retirement You Can Fall In Love With
• The "Blue Grass" Retirement Haven You Don't Know About
• How to Heal From a 401K "Burn Notice"
• The Tax-Free Security Blanket For Your Child's College Fund
• How to Get A Guaranteed "Lotto Ticket" For Life!
• How to Pick The Right Mutual Funds For Your 401K
• How to Build Your Own Retirement "Christmas Tree"
• The "Toddler's Secret" For Building a 401K
• How to Grow A Strong 401K For Your Retirement
• Why 20% of Top Earners Get More Out Of Their 401K Plans
• The "Red Zone" 401K Game Plan To Score in Retirement
• How to Escape The 5th Ring Of Financial Hell
• How to Stop the "Pension Pirates" from Stealing your Retirement
• The 7 "Deadly Sins" Of Retirement You Can't Afford to Make
• To 30 Something Married Couples...
• How Raising Your Money IQ Can Give You A Richer Retirement
• To single mothers who need to salvage their 401K's...
• The Nervous Retiree
• Why You Need Retirement Calculator Software
• Analysis of the Economics of Early Social Security Withdrawal

• FREE Retirement Calculator recommended by Ray Martin on the CBS Early Show - Watch the video clip
• FREE Retirement EBook written by Bill Losey, America’s Retirement Strategist
• FREE Retirement Intelligence Information Services Newsletter
• FREE New Social Security Calculator
• FREE Consultation with a certified financial advisor in your area

Retirement Living Placement Services

Retirement Living Placement Services: How Can You Be Prepared?

When you are going to be meeting with someone who provides retirement living placement services, you are likely to find that it will help if you have some information about your savings and investments. Someone who does provide retirement living placement services is going to be able to help you more when you are able to let them know - up front - what your financial situation looks like.

After all, retirement living placement services are meant to help match retirees with a living situation that will be a great fit for them. That means that they will take into consideration your income and how much you will be able to pay for housing. While other things will be looked at - whether or not you will need help preparing meals, whether or not you will need medical assistance and even how active you hope to be able to be once you have retired - a lot of times the help that you are able to get from those who offer retirement living placement services is going to depend on your financial situation.

Therefore, it is extremely important that you understand your own financial situation well before the time comes for you to look for retirement living placement services. It is a good idea to know what your goals are, what you want to accomplish and what you will be looking for from a retirement living situation. Once you have identified your goals, of course, you will be in a better position to be able to reach them.

To get a better sense of the big picture of your retirement savings, you are going to need to find tools that will help you to look at and analyze your savings and investments so that you can determine whether or not you are headed down the right path. Fortunately, you won't have to do a great deal of looking in order to find the right tool: you'll find that the free retirement calculator that you can download from the bottom of this page will give you access to what you need.

With the free retirement calculator, you will be able to focus on your savings accounts and how they will increase in value over time. Likewise, you will be able to look at the investments that you have made as well as at those you are thinking about making to determine whether or not they will help you to have an adequate retirement income for what you want to do.

Whether or not you are on track to reach your financial goals, it's a good idea to get advice about what you could be doing differently. That's why when you download the retirement calculator your contact information will be forwarded to a financial advisor in your area. During the follow up call, you'll be able to ask questions, get answers and chart the course to your financial goals.

That way, even before you meet with someone who offers retirement living placement services you'll know where you stand - the key to knowing that things will work out the way that you hope they will. All it takes to get started is to download the free retirement calculator; what are you waiting for? Get started right away.

Find a Qualified Financial Planner in Your Area

Do You Know the Answers to These Important Retirement Questions?

• Are you retired or thinking about retiring?
• Do you have enough money to comfortably live throughout your retirement years?
• Would you like FREE face to face advice or retirement consulting from a trusted local financial advisor?
• Are you looking for help to achieve your long-term financial goals?
• Would you like to learn more about Annuities, 401's, Life Insurance and Long Term Care?

Would you like to retire, but aren't sure you can?

Have you wondered if you have enough money to retire, how long it will last, how much you can take out, and the best way to invest?

Everyone who has thought about retirement has asked themselves these and other questions. Now you can get ALL the answers in Retire in a Weekend! This short, simple, humorous, easy-to-understand book answers the 10 most popular questions and addresses the 5 biggest concerns people have about retiring! So stop asking yourself IF you can retire ... with Retire in a Weekend! you'll learn HOW to actually do it.

For a limited time, purchase Retire In a Weekend for $29.95 and receive a free download of Retirement Calculator Premium.

Analysis of the Economics of Early Social Security Withdrawal

Robert J. Phillips
Chief Retirement Consultant

Deciding whether or not to take the early withdrawal of social security at age 62 can be difficult. If you need this income at 62 to fund your retirement the decision is fairly straightforward. Take it early! On the other hand, if you have another source of revenue to fund your retirement your decision will be primarily based on lifestyle, health and investment preferences.

Several factors can affect your decision. First is your life expectancy. If you are in good health and have a family history of living beyond 90 then waiting for full benefits may be best. Two other factors impact this decision. First and most important is the value of money or your expected return from your investments. If you are using other investments instead of social security to fund your retirement you should use the rate of return of these investments as your value of money. There is another way to look at the value of money. If you do not require the social security money to live, you can invest the distributions for the future. The rate of return of this investment is your value of money. If your investments will make larger returns such as stocks this would favor taking the early withdrawal.

The last factor impacting your decision is inflation. Social security includes an annual adjustment based on inflation. You cannot control this variable but you should be aware of its impact. If future inflation is significant it will favor a later full distribution

FREE Social Security Calculator:

We developed a calculator to assist in analyzing the impact of taking early benefits at age 62 or waiting for full benefits at age 66 to 67 depending on the year you were born...If you were born in 1960 or later your full benefits will begin at age 67 and your reduction for early benefits at age 62 will be 30%. If you were born between 1946 and 1960 your full benefits begin as early as age 66. We have included a chart that summarizes information.

To use the calculator you need to input your year of birth. You also need to input a value of money up to 10% and a projected inflation adjustment. The calculator analyzes income generated over time from both the early and full benefit investments. It calculates the age at which full social security will catch up and breakeven with the early withdrawal. If you were born before 1960 your breakeven age will be impacted by the year you were born. An early breakeven age favors waiting for full benefits.

The social security calculator is not the final answer whether to take an early withdrawal but it does give you additional economic data to assist in that decision. Ultimately you must balance income, investments and lifestyle to optimize your enjoyment during your retirement years.