retirement

Creating Disposable Income beyond Social Security in Retirement

Social Security in one’s golden years will only replace about 40 percent of pre-retirement income. As is often the case, it is humbling for retirees to learn the standard of living they were used can be no more. But John…

Retirement Savings – Millennials are ahead of their parents

Who’d have thought it? There has been so much press in the last decade on how younger generations spend money in profligate ways, from the newest I-phones to streaming services to $20 avocado toast. But Nicole Goodkind of CNN Business…

Experts warn the earlier you retire, the greater the risk

U.S. Bureau of Labor Statistics data suggest more Americans are retiring early. Covid changed many people’s thinking about retirement. Fatter bottom lines in people’s portfolios and surging home prices for those that bought years ago created more opportunities to retire…

Millions of Americans can’t afford to retire

Michael Sainato of The Guardian writes a sobering piece here about the state of retirement in America. He notes the number of US workers aged 75 and up is expected to increase over 96% in next decade, according to the…

A Recap of the Social Security Year Ahead

2022 is hurtling toward us at a rapid clip–who can believe we’re only a week away from Halloween?–and there are. as usual, a slate of changes anyone contemplating retirement (or already in retirement) should be aware of. Yahoo.com’s Andrew Lisa provides…

Retire Early With No Regrets

Reshma Kapadia of Barron’s explains the recent wave of retirements by people not yet eligible for Social Security.  The main reason for them is that the economic downturn due to Covid-19 was brief and came amid booming stock and real estate markets.  She…

Retirements Actually Increased During the Pandemic

It sort of defies logic, but indeed more people retired during the pandemic after decades of decreases.  Compare that to the financial crisis of 2008-9 that wiped many out and actually negated any retirement altogether for some.  Jed Kolko of…

Social Security Solvency: Sounding the Alarm (Again)

Meaningful Social Security reform has not actively been undertaken since the early 1980s, and the consequences are now evident. The program is now less than 15 years away from exhaustion of its once-considerable cash reserves–in fact, some creditable studies have…

Social Security and COVID-19’s “Second Wave”

Well, statistics seem to support the notion that the second wave of COVID-19 infections is upon us. While most financial advisors do not normally advocate for an early claiming of Social Security benefits, it’s clear that we’re in anything but…

Attention Women: Social Security and Your Financial Future

In response to a concern expressed by a MarketWatch reader, retirement reporter Alessandra Malito presents a case for alleviating concerns expressed by a stay-at-home mom in planning for her future retirement. “It’s not too late. You got this!” says Malito, backing this…

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