Category: Retirement

401 (k) Millionaires Reach Record High

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401 (k) Millionaires Reach Record High Barron’s Senior Editor Jack Hough on the state of Americans’ retirement savings. As 401 (k) millionaires reach record high, investors warned to keep saving.         While many hopeful retirees are celebrating their new status as millionaires, experts warn that $1 million is a drop in the … Continued

Pension Funds

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In most states, public pension funds don’t have enough money to pay for benefits they’ve promised to government workers. The problem is getting worse. Overall, the shortfall across states grew by $295 billion between 2015 and 2016, according to a new report from The Pew Charitable Trusts. All together, state pension plans had just $2.6 trillion … Continued

Big Retirement Blunders

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Don’t make these Retirement Blunders that could leave you living off Ramen noodles in your senior years. Today’s 65-year-olds can expect to spend about 20 years in retirement should they quit their jobs right now. However, the Social Security Administration reports that one quarter of those who are age 65 today will reach age 90, … Continued

Mortgages for Seniors

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Paying off the house used to be a cause for celebration, but many retirees no longer see it that way. Mortgage for Seniors are available, but exacting. An increasing number of older Americans prefer to have a mortgage. They may have the means to buy with cash but choose instead to take advantage of prevailing low … Continued

Sol Mar REI Third Spot on Real Estate Blog

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Sol Mar REI Makes Third Spot on the very popular PersonalIncome.org Blog. #@SolMarREI makes number 3 spot on this blog: https://www.personalincome.org/top-25-real-estate-blogs/ … check it out!  The website PersonalIncome.org has a wealth of information on various types of Investments, Budgeting, etc… Sol Mar REI Third Spot on Real Estate Blog is a very important distinction as many … Continued

Gold IRA Strategy, Tips, & Rules (The Ultimate Guide)

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We often get asked about buying gold with an Individual Retirement Account (IRA) and as we are not sellers of precious metals, we don’t really comment much on that investment. We do however believe that it is a good idea to have some gold in your portfolio, for various reasons. Therefore, we direct those looking … Continued

Love A Senior Day!

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Love A Senior Day! Sol Mar REI, Seniors On The Move Today and Care Match America are proud to announce the first annual “Love A Senior Day!” We encourage anyone that will be in the greater Los Angeles area on Saturday, June 17, 2017 from 10:00am to 3:00pm attend. The event is to honor the … Continued

Baby Boomer Retirement Savings | Pulling Investments Too Soon

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An interesting read via Time.com by Dan Kadlec getting into the nitty gritty of retirement savings and specifically the habits of baby boomer retirees. — Retirees Are Too Pessimistic on Their Investments—And It’s Costing Them  Dan Kadlec | May 15, 2017 Growing old and cranky is a cliché that rings less true every time Jane Fonda walks … Continued

Lowfat Listicle: 10 Best Retirement Investments

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TheBalance.com has a listicle up on the 10 best retirement investments. Here’s the skinny: 1 and 2 – Play the Market 3 – Not technically an investment 4 – Bonds! 5 – Contact Us (for REI) 6 and 7 – Slightly complex planning 8 – Difficulty: Advanced 9 – More stock market stuff 10 – REI … Continued