Retirement News, Information and Guidance

collecting social security

Delay Collecting Social Security and Your Finances Will Win Big:
It’s a Better Bet than Real Estate

You need to make a lot of choices in retirement.  Many people tout the benefits of investing in real estate.  However, there is a less glamorous way to use your money for better returns.  Delay collecting Social Security and your finances will win big. Here Henry K. “Bud” Hebeler outlines how delaying the start of…

life insurance for retirement

7 Instances When You Will Want Life Insurance for Retirement

A frequent question among those nearing and in retirement is: Do I need life insurance for retirement? The answer, like most financial planning related questions, is that it depends.  When you are working, the purpose of life insurance is to replace your income or pay off large debts in order to help provide for your…

retirement target date fund

Pros and Cons of a Retirement Target Date Fund: Can You Relax and Glide into Retirement?

A retirement target date fund is a kind of mutual fund that is professionally managed and strategically reallocated over time to achieve both growth and security for your assets. The key goal for a target date fund is that your money will be available for withdrawal on a certain future targeted retirement date and beyond. So,…

Can You Feel Confident About Retirement without Consulting a Financial Advisor?

Can you retire without consulting a financial advisor or some kind of retirement professional?  Of course.  You can do anything you want to do. Can you retire AND have a secure future without talking with a retirement professional?  The answer to this question might be a little more complicated. Bad News: The bad news is…

retirement events

6 Awful Retirement Events That Are Likely to Happen to You — and How to Prepare

There are a lot of things that can potentially go wrong in retirement.  Stocks could fall, inflation could skyrocket, high tides might flood your beach side retirement haven or maybe you tear your shoulder and can no longer golf or garden. None of these retirement events are out of the question, but they are not…

Robyn Bri

Meet the 18 Year Old Who Has More Retirement Savings than the Average 50 Year Old

Robyn Bri is 18 years old and just graduated from high school in Marin, CA.  In some ways, she is an average high achieving kid.  In another way, she is very remarkable. Although retirement is a long ways off for Bri, she has already saved over $85,000 by working part time jobs and investing. Yes,…

reverse mortgage calculations

Reverse Mortgage Calculations: How Much Money Can I Get? What Are the Payment Options?

A reverse mortgage is a federally insured loan for home owners who are 62 years and older.  Use this guide to reverse mortgage calculations to help you understand how much money you can get, what are the payment options, and the different types of loans. How Much Money Can I Get from a Reverse Mortgage?…

Podcast: Big Picture Retirement Interviews Stephen Chen, Founder of NewRetirement

The Big Picture Retirement Show is a podcast about retirement and estate planning by Devin Carroll and John K. Ross. Devin has been helping people with money related stuff for a while.  In addition to his ownership role at Carroll Investment Management, he’s also the Chief Compliance Officer and half owner of Cogent Advisory Group, an…

useful retirement plan

8 Tips for Building a Useful Retirement Plan — Not One With Just a High Thunk Value

Everyone knows that they need a retirement plan.  But that means different things to different people.  And, not every plan is a truly useful retirement plan. All too often a retirement plan is something that is prepared for you by a professional.  It is no doubt well thought out, but how exactly is it going…

retirement shortfall

How Much of the Global $400 TRILLION Retirement Shortfall Belongs to You?

A massive retirement shortfall is developing — and it is a much bigger problem than your own possible lack of sufficient retirement assets. If you are lucky, your retirement savings can be measured with 6 zeros — meaning you a millionaire and probably well prepared for retirement.  However, most of us measure our retirement savings…