Author: Will Kenton

recession proof

We’re in a Recession, but Don’t Worry — You Can Recession-Proof Your Retirement

It’s official. According to the National Bureau of Economic Research (NBER), the U.S. economy officially entered a recession in February of 2020. First, the Bad News The bad news is, the most optimistic economic scenarios of a V-shaped recovery probably won’t come to pass. Experts like Harvard’s Kenneth Rogoff have recently cast doubt on the…

When Will Social Security Run Out? Coronavirus Accelerates “Doomsday” to 2028

So, when will Social Security run out? What about Medicare? Social Security and Medicare have been on shaky ground for years, but the impact of the COVID-19 crisis may be accelerating their financial woes. The chances are increasing that you will see your benefits diminished. Keep reading to get informed about the situation and find…

Will Pensions Make a Comeback? (Should You Make Your Own?)

Most people categorize pensions in the same bucket as eight-track tape players, rotary phones, oversized shoulder pads and cathode-ray tube TVs — out of date.  But, pensions just might become the latest retro craze — especially those you can create for yourself! NOTE: If you are lucky enough to have a pension, the NewRetirement Planner…

Average Retirement Age

Average Retirement Age: Is Early Retirement Even a Thing Anymore?

Up until a few years ago, early retirement was the goal of many older Americans. However, this trend seems to have peaked. What is an Early Retirement? There is no official measure of “early retirement.” However, when we talk about an “early retirement” we generally mean that you have stopped working before the age of…

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