Baby Boomers Have Retirement Regrets

If you were born between 1946 and 1964, then you are officially in the baby boomer age group. That being said, during the year 2010, all baby boomers were turning 46 to 64 years old! Are you part of this oh so famous group, if so, Jeanie Ahn of Yahoo Finance wrote in an article today that if you talk to enough baby boomers or new retirees about what they wish they could do differently, chances are many of them would mention a retirement plan do-over of some kind.
And even if you’ve managed to build up a sizable nest egg, executing on the right way to withdraw those funds is just as important as saving. Crucial mistakes along the way can jeopardize the money you’ve worked so hard to save up.

Below are some of the costly mistakes Dorrell says you can avoid:

Regret #1: Relying on your pension

Two summers ago, I think I got about 55 phone calls from clients who expected that they would continue to get a pension from [their company], and all of a sudden they were getting called to a retiree meeting where they were being told: “Here, we’re going to just cash you out,” or, “You can continue with an annuity with this company that we’ve partnered with, but we’re not going to do it anymore.” Others have said, “It’s your responsibility to invest it or put an income stream to yourself from it.”

My advice for people who are left with a bucket of money is to invest it safely. The last thing you want to do is put that money in the stock market and risk it – that may mean back to work you go! And who wants to do that in their 60s?

I would suggest safe bank-insured investments like CDs or money markets. If you can stomach a longer-term investment for a better return, then utilizing a fixed index annuity with an income rider to guarantee an income for life, similar to a pension, is recommended.

Regret #2: Having too many accounts

The most I’ve seen is 16 different retirement accounts at different institutions. It becomes overwhelming. So while they’re trying to have this nest egg, what ends up happening is they have a bunch of scrambled eggs. They have things all over the place and they laugh when we talk about this, but it is a source of concern because they just tend to not open those statements.

E-Tech tracks Customers as they Continue to Migrate from NetSuite to Quickbooks

Brandon, MB – Leading file repair and conversion provider in Canada addresses the growing migration from NetSuite to Quickbooks among customers.
Since Netsuite’s inception, E-Tech has been closely watching the company’s history of losses and with the company’s recent posting of their 4th quarter loss of $32.4m for a yearly loss of 124.7 million on $206.2 million in revenue , the file repair and data conversion services provider has seen an increase in customers switching from NetSuite to Quickbooks.

As a system geared towards medium-sized businesses, NetSuite has faced several issues making it less capable than large enterprises when it comes to dealing with complex and time-consuming integration of multiple point products from one or more vendors. Not only that, but due to the high customer acquisition costs customers simply are not renewing their services and are opting to switch to a more responsive, adaptable and more affordable accounting software that is Quickbooks.

“The number of small business customers converting from NetSuite to Quickbooks is increasing rapidly,” explains John Rocha, who is the CIO of QuickbooksRepairPro.com. “With the cost of NetSuite subscriptions steadily rising, many are switching to Quickbooks simply because of the lower prices and adaptable features.”

Currently, NetSuite’s 10-user implementation costs $8,000–$15,000 per year while Quickbooks 5-user license is prices at only $39.95 a month. Netsuite is highly dependent on the revenues outside the US, with 26% of its revenue being generated outside the US in 2013. However, since the NSA spying scandal became a global headline and talking point, foreign customers are increasingly concerned about entrusting a third-party vendor in the US to manage and store their data–leaving many to second guess operations and confidentiality.

Rocha adds, “Netsuite doesn’t seem to be doing well when it comes to handling small business customers, and they’re feeling abandoned.”

With a solid track record of success and a commitment to delivering superior customer service, Quickbooks is becoming the premiere full-service accounting system for both small and big businesses alike. E-Tech is continuing to see a steady number of migrations from NetSuite to Quickbooks in 2016.

About E-Tech:

Founded in 2001, E-Tech is the leading file repair, data recovery, and data conversion services provider in the United States and Canada. The company works to stay up to date on the latest technology news, reviews, and more for their customers.

Do You Want the Health and Fitness Fairy to Wave Her Magic Wand?

If you could have just one wish granted that related to your health and well being what would it be?o Be stronger and fitter
o Have a great slim, firm body
o No worries about developing some dreaded disease
o Feel more self-confidence
o Be more relaxed and de-stressed
o Have more endurance and stamina
o Be more alert and focused
o Feel happier and more accepting with your lot in life
o Live longer and have a higher quality of lifeThe good news is…you don’t need the magic fairy with her wand to grant you any of these wishes. You can have all of the wonderful benefits listed above and not have to wait for that fairy to pay you a visit.You are now saying so, what is it and how do I get all of these things in my life?The simple answer is ‘proper exercise’.But I hear you say “I hate exercise”.And the answer to this is: “Change your mindset”.Whether you like to exercise or not doesn’t really matter. It is simply not an option but a choice and that choice is totally dependent on you. Somehow you need to change the “I hate” to “I love” to exercise. Tell yourself it makes you feel good, it will help you lose that excess body fat, it will help you be a calmer and saner person, it will make you live longer and the list goes on and on. Whatever it takes is what you need to do.To be able to improve your life in every way and be the person you are meant to be means you must include proper physical activity into your life. If you don’t feel this is necessary and that you can get by without it you are simply cheating yourself. Your life cannot be complete without proper exercise and to start making your life better this is the place to start.Every one of us needs proper regular exercise. It is our natural state to be fit, strong and energetic. If we are not in this state we cannot function properly, either physically or mentally. We might get by without it in our younger days, but as the years pass the toll it takes will make itself apparent in many different negative ways. It will get to the point where the deterioration and degeneration will impact life greatly as the downward spiral accelerates.It is so much easier to take charge and take action to guard against this. If you are new to exercise or do not understand what proper exercise means seek the help of a fitness professional. If you fail to do your program correctly, or fail to use the right exercise such as strength training exercise you will not get the results you hope to get. It is way more than simply going for a walk. We all have legs and we all walk but this will not give you significant anti aging health and wellness benefits.If you have never experienced how good for your inner sense of wellbeing you can get from a regular exercise program you have something great to look forward too. It will become so much easier to be the person you want to be. You will soon have more energy and vitality, a better mind set and attitude to everything in life and a gentler calmer disposition.If you can learn to love exercise and how it makes you feel, you will not have to force yourself and will want to actually do it. This can happen little by little over a period of time. Allow yourself to have this gift and in return you will have access to your health and fitness wish list.