Retirement News, Information and Guidance

giving money to family

Giving Money to Family? Are You Handing Out More or Less than Average?

As if saving enough to pay for your own retirement isn’t worrisome enough, research from Merrill Lynch and Age Wave suggests that most people over 50 (6 out of 10 in fact) are providing financial support to family members in need — either on a one off basis or as continuing regular support.  Giving money…

personal finance rules

Break These 5 Personal Finance Rules for a Wealthier and More Secure Retirement

There are two kinds of people: those who follow the rules and those who believe rules are made to be broken. If you fall into the first camp, the following list may cause you a bit of anxiety. Personal finance is full of rules. While some are helpful, others can work against you if they…

will i run out of money in retirement

How to Knock Out the “Will My Retirement Savings Last” Worries!
Give Your Retirement Plan the 1-2 Punch it Needs!

Believe me, you are not alone if you have nervously asked yourself, your spouse or even a financial advisor: “will my retirement savings last?”  Concerns about running out of money in retirement are almost universal — no matter how much money you have.  Afterall, there are many unknowable variables that can impact your retirement security…

Secure Retirement Plan

The Building Blocks of a Secure Retirement Plan — How Tall Does Your Tower Need to Be? Will it Topple?

Planning your future retirement is complicated.  Creating a secure retirement plan requires that you know what you want and then being able to put together what you have to achieve your goals.  While retirement planning is not child’s play, it might be easier if you think about the components of your plan as being a…

lost 401k

Find Lost 401k: How to Find Out If You Have Lost or Forgotten Retirement Accounts

Here is a guide for how to find lost money — a lost 401k or other unclaimed retirement benefits. Finding a lost 401k or other retirement account is more tedious than treasure hunting,but perhaps just as rewarding. A few years ago, I received a strange notice in the mail: a former employer was discontinuing their…

reverse mortgage

New Research: The Real Story on What to Look for When Considering a Reverse Mortgage

Reverse mortgages are widely advertised on TV, radio and online. But, are they a good idea for you?  Who can you believe?  And, how do you get good information? A new study from Ohio State University sheds light on these topics.  Researchers recently surveyed 30,000 seniors who received reverse mortgage counseling between 2006 and 2011….

Open Wide! Pursue Dental Care Before You Retire

Your pre-retirement checklist probably includes tasks such as signing up for Medicare, creating a budget and planning an exit from your career. But there’s one important task that you may be forgetting: pursuing dental care before you retire. Dental Care Not Usually Covered by Medicare You may be surprised to learn that, in most states,…

hypothetical questions

Retirement Success Depends on Answers to Hypothetical Questions

The following on why it is important to be comfortable with the unknown comes to us from Mr. Henry K. “Bud” Hebeler.  Get more from Bud at Analyze Now. In a recent presidential press conference, Anthony Scaramucci, President Trump’s short-lived Communications Director, refused to answer some questions on the basis that the questions were hypothetical….

9 Surprising and Dirty Secrets About Healthcare, Medicaid and Your Retirement

The recent nationwide debate about whether or not Medicaid should continue to receive funding should have had special resonance for people of retirement age. Here are 9 things you might not know about Medicaid and your chances of needing it in the future: 1. You Have a High Percentage Chance of Winding Up on Medicaid…

best retirement plans

Best Retirement Plans: Definitive Ranking of the 25 Best Ways to Spend Retirement

So, what are the best retirement plans? Well… there is no wrong way to spend retirement. Without the grind of a job, you typically have the freedom to allocate your time however you wish. However, these 25 ideas and lifestyles just might rise above the rest as the best ways to spend your retirement. The…