retirement
Don’t Have a 401k? Read on.
Many workers employed in small businesses or self-employed may not have access to 401k plans to accumulate tax-deferred savings for retirement. But don’t despair…there are options you can use to help you achieve your retirement financing goals. The Motley Fool’s…
Assessing Your Retirement Readiness
With the equity markets in a state of disarray, and with uncertainty around every corner, it seems like everyone’s retirement plans are in jeopardy. The basic problem–and it’s not a new one at all–is one of figuring out the timing…
Working Past “Traditional” Retirement Ages: Not As Simple as You Might Think
The combination of inadequate savings and medical costs outpacing Social Security cost-of-living adjustments has made it more likely that folks in the future will extend their working lives much further than previous generations. In fact some studies have determined that…
Financial Preparedness and Retirement Planning: The Stress Equation
FEDweek’s editorial staff takes a look at recent conclusions drawn by the Employee Benefit Research Institute suggesting that being financially prepared for retirement can relieve much of the stress typically encountered in this phase of retirement planning. Their article takes…
Strategic Thinking on Deferred Compensation Withdrawals
With hundreds of thousands of 401k and IRA millionaires now looking at using these funds to support retirement, its time to recognize the importance of tax-effective strategies for withdrawals. In a post on www.forbes.com, contributor Stephen Chen takes a look…
Saving for Retirement–When Should You Start?
Think back to your first job. Well, to your first paycheck, anyway. You may remember a parent or, more likely a grandparent telling you to start saving immediately and make it a habit going forward to save for your retirement…
Social Security’s Place in Your Future Retirement
No, Social Security is not going bankrupt. Yes, it does face a solvency issue that could, absent legislative action to correct its current trajectory. But despite the possibility that such corrective action will take place sooner rather that later, it’s…
Beware of these senior financial regrets
Everyone’s dream is a stable, financially secure retirement. In March 2018, the folks at LendEDU commissioned a survey conducted by Pollfish where 1,000 people aged 65 or older were asked a variety of questions. Their answers to the question “What…
Envisioning Retirement…A Way to Help You Get There
A recent Capital Group survey sheds light on the power of imaging in one’s mind what a desirable retirement will be, noting that “When people envision how they want to live in their retirement years, they are motivated to save…
Pace of Retirements Continuing to Accelerate
You’ve most likely seen the oft-repeated statistic that 10,000 “Baby Boomers” turn 65 each day (unfortunately, by the way, that specific statistic perpetuates the myth that age 65 is the “normal” retirement age!) Well, that 10,000 number is growing. In…