Best Financial Resolutions For Baby Boomers

If you are one of millions of Baby Boomers who are nearing retirement, you should establish a set of financial resolutions, aside from the usual ones, and strive to follow them at the onset of 2011. Richard Roll, Baby Boomers Retirement Network founder, says seniors from this generation can strengthen their funds and chances at a secure retirement. These following resolutions can also help decrease stress and uncertainty by addressing investment opportunities and other financial concerns. Here they are:

Taking Control of Your Money

Aside from cutting down on non-essentials, you can increase how much you save by contributing enough money throughout the year to your 401K so you can get the maximum matching contribution from your employer if the company offers it. You can consider the employer match free money that can double how much you have actually invested. If you earn a lot more than you need to spend, consider putting the surplus cash into a savings account or using it to buy into fixed-income and relatively low-risk investments.

Portfolio Rebalancing, Diversification, and Cost Efficiency

An effectively balanced portfolio is one that earns well overall via various types of investment options. A portfolio that is well-diversified also helps buffer your assets and invested money against the overwhelming effects of inflation and investment loss due to normal market conditions. In terms of your 401K, you will need to examine the investments within your retirement account closely, and reshuffle the asset allocation to place more money into ones that preserve value and generate more profits in the next several years. These assets include buying into ETFs that are built around emerging economies and markets and these are the ones that can grow faster than ours.

Aside from portfolio diversification, saving more money, and other investment strategies that many seniors have access to, you should also think about reigniting your passion about hobbies and fields that may be able to add to your retirement income. As a worker who has decades of experience at work, you may be able to act as a consultant, subject matter expert, or information marketer and offer your services to clients such as established companies to start-ups. The extra income you make with part-time or full-time work when you should be retired will enable you to draw down from your nest egg less, and help ensure its stability throughout your golden years, and possibly result in a more fruitful retirement. Because it can help maintain emotional fulfillment and mental and physical well-being, this is possibly one of the best financial resolutions for Baby Boomers and workers from any other generation. BOLA TANGKAS
Tina Turner – Simply the Best (Original Version)

I call you,when I need you my hearts on fire
You come to me, come to me, wild and wild

You come to me, give me everything I need
Give me a lifetime of promises and a world of dreams
Speak the language of love like you know what it means
And it cant be wrong, take my heart and make it strong, baby

Chorus:
Youre simply the best, better than all the rest, better than anyone, anyone
Ive ever met!
Im stuck on your heart, I hang on every word you say
Tear us apart, baby I would rather be dead

In your heart I see the start of every night and every day
In your eyes, I get lost, I gte washed away
Just as long as Im here in your arms I could be in no better place…

Chorus:
Youre simply the best, better than all the rest, better than anyone, anyone
Ive ever met!
Im stuck on your heart, I hang on every word you say
Tear us apart, baby I would rather be dead

Its the time you leave me I start losing control, youre walking away with my
Heart and my soul, I can feel you even when Im alone, oh baby dont let go!

And your the best, better than all the rest, better than anyone, anyone ive
Ever met!
Im stuck on your heart, I hang on every word you say
Tear us apart, baby I would rather be dead, ooh youre the best!

BOLA TANGKAS