retirement
“Boomers” Plan to Keep Working in Retirement
Reporting on a survey conducted by TD Ameritrade, Atlanta Journal-Constitution reporter Courtney Kueppers suggests “that young professionals are having a harder time moving up in the workplace due to fewer people retiring.” Citing the study’s finding that 40% of respondents…
Stash cash in right place when saving for retirement
It’s sad that so few people know that Social Security only replaces about 40% of pre-retirement income. That makes saving for retirement so much more important. But cash that is stashed in low yield accounts will not generate significant wealth.…
Three Social Security Myths and How They Can Cost You
Social Security is one of those topics that just seems to attract “experts”…that is, outspoken sources of opinion and rhetoric comprised mostly of myths and misunderstandings. There are the basic untruths, like “The politicians stole all the money!” and “Illegal…
Millennials: Here’s Some Guidance on Building Wealth for Retirement
Kiplinger contributor Tom Presley, CPA, CFP®, in a post on kiplinger.com, takes aim at ten common mistakes that some younger folks make on the way to career development…mistakes that cause then to fall behind in their efforts to build wealth…
Retirement: It’s More Than a Financial Adjustment
We dream of those days when every morning is a Saturday morning…no schedule, no commitments, free and unplanned time to do whatever we want. But wait! According to Jane Young, certified financial planner and contributor at gazette.com, “Everyone is aware…
Thinking about re-joining the workforce?
Many folks planning to enjoy the comfort of retired life find that there’s an attractiveness to jumping back into the world of work, at least at some level. And there can be sound reasons for this, as The Motley Fool’s…
Americans’ Unique Retirement Expenses by Region
Housing, insurance, groceries, and healthcare are expense nearly all will endure in retirement. But as Kailey Fralick reports using AAG survey data, some areas of the U.S. have more unique retirement expenses. Residents of Northeast states were most likely to…
Retirement checklist includes more than when to take Social Security
Maurie Backman of The Motley Fool discusses three things those headed for retirement must confront. The usual and most obvious is when to file for Social Security, as claiming it at any time before full retirement age (now 66 or…
The Downside of a 401k Account
During one’s working years, as wealth accumulation is taking place, the conventional wisdom says to take full advantage of 401k opportunities, especially to get the benefit of an employer match. Then there’s the ability to avoid taxation of current income.…
Retaining Your Quality of Life Under Social Security Alone
America’s “savings crisis” has been discussed frequently in financial and governmental media outlets especially from the perspective of retirees without adequate–or any–savings to supplement those monthly benefit checks. Forbes contributor Teresa Ghilarducci adds perspective to this discussion with an article…