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• 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

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• 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

Social Network Seniors

A Social Network: Even Seniors Need One

Everyone needs a social network - even seniors. Without a social network seniors have a tendency to isolate a bit too much, they don't get out and take advantage of all of the free time that they have now that they no longer have to get up in the morning and head into the office. Without a social network many seniors find that they just are not able to get out there and enjoy their retirement; they find that they are cut off, and that the life that they always thought that they would have just isn't there for them.

With a social network, seniors are able to:

1. Keep track of other people who share their interests and make sure that they are getting out there and continuing to experience all that life has to offer;


2. Focus on doing all of the things that they wanted to do with their retirement - getting out and traveling, making the time to volunteer and help others, learning a new language;


3. Create friendships and establish relationships that aren't just based on what they do together at the office; and,


4. Continue exploring and learning about all of those things that keep them feeling young.

The merits of a social network for seniors are hard to deny, however, in addition to finding the right social network, seniors need to be sure that they have made an effort to save money - not just to provide for their retirement income, but also for those things that they want to be able to do. That means planning carefully, saving in the right accounts and making the best possible investment choices so that they are in control of retirement.

One of the best tools that you can use to help you to reach your goals is the retirement calculator that you can download - at no cost - at the bottom of this page. With it, you will be able to do a number of things.

First, you will be able to enter some basic information about the savings accounts that you already have - along with the interest rates associated with those accounts - in order to get a sense of how, with interest, your money will accrue over time. Because the amounts that you see reflected will take inflation into accounts, you will be able to feel fairly confident about the amount of money that you will have saved for retirement.

Similarly, you will be able to enter information about the investments that you've had to see how stocks and mutual funds have performed over time and how they are projected to perform in the future. You will also be able to find information about the investments that you are thinking about making, so that you can determine whether it is better to stay with what you have to go ahead and make some changes.

Perhaps more importantly, however, when you download the retirement calculator your contact information will be sent to a financial advisor in your area who will give you a call to follow up. You will be able to get answers to your questions and together you can develop a strategy that will help you to reach your goals.

To make sure that they can join and take advantage of a social network, seniors need to know that they are prepared financially; why not take the time to download the free retirement calculator so that you can be prepared for all that you want out of your retirement?

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.