retirement
No 401k? Don’t despair…you have some options.
Although millions and millions of workers do not have access to 401k plans like those offered by big employers, there are still steps they can take to avoid an insurmountable problem. And while help may be on the way via…
Thoughts on Stretching Your Nest Egg
Outliving one’s accumulated financial resources in retirement continues to be a serious concern for many folks thinking about retirement (or already in retirement). The Street’s Robert Powell, in a post on USAToday.com provides some thoughts on steps one can take…
The Implications of Filing for Social Security Early
MarketWatch contributor Brenton Smith provides, in a post on www.marketwatch.com, some thoughts on the long-term implications of filing for Social Security benefits before reaching full retirement age or even before age 70, when delayed retirement credits stop. His analysis of…
Imagining Yourself in Retirtement…No, Really: Developing a Mental Image Can Help You Get There
In their recent study report titled “Envisioning retirement: a simple finding to help Americans prepare for their future,” the folks at American Funds Capital Group suggest that being able to develop in one’s mind a mental picture of what retired…
Pitfalls and Trapdoors, and How They Can Derail Retirement plans
Although there’s been a slight dip in reported cases, the Federal Trade Commission still reports that 2017 produced 2.68 million fraud, identity theft, and similar reports. With over 40% of these being outright fraud situations, it’s not surprising that the…
The Retirement Road Ahead for Baby Boomers…Not ahAll that Smooth
According to conclusions drawn by the Stanford Center on Longevity (SCL), the Baby Boomer population segment faces some white water in their retirement years. Citing a shortfall in accumulated wealth and the absence of discernible interest in shoring up their…
An Approach to Closing the Retirement Savings Gap
(Source: U.S. Department of Labor) U.S. DEPARTMENT OF LABOR ANNOUNCES PROPOSAL TO HELP SMALL BUSINESSES STRENGTHEN RETIREMENT SECURITY FOR MILLIONS OF AMERICAN WORKERS President Trump Seeks to Expand Access to Association Retirement Plans WASHINGTON, DC – The U.S. Department of…
Working During Retirement–Some Fresh Perspectives
The Motley Fool’s Maurie Backman, in recapping the results of a recent Schwab study, reports that a surprising number of future retirees project that they will not need to work during their retirement years to supplement their income. Some will…
Securing Your Retirement Means Sidestepping Blunders
According to a post by The Motley Fool’s Maurie Backman, there are three common mistakes that lead to financial insecurity later in life. IN her article she defines these three areas, and offers conjecture on ways to sidestep them to…
Working Longer May Not Be the Answer
The retirement savings dilemma seems to be one of the most enduring topics covered in media outlets these days. From those approaching retirement with meager accumulated wealth to those forced out of careers just as they entered the “wealth accumulation”…