Press

A baker’s dozen tax optimization strategies for retirement planning

Mar 10, 2017

Tax laws change almost every year as will your outlook for the economy and what actually happened to your investments. More…

Retirement Calculator News, and a Mystery Solved…

Feb 14, 2017

Another worthy entry on the high-fidelity retirement calculator scene, that only recently came onto my radar, is NewRetirement – a friendly planning and information platform for prospective retirees. Try this online tool if you’d like an unintimidating walk through your entire retirement scenario. It’s particularly helpful in the areas of retirement income including Social Security and annuities, health care planning including Medicare Supplemental Insurance and Long Term Care Insurance, and follow-on retirement tasks like estate planning. More…

5 Ways to Minimize Required Minimum Distributions

Feb 7, 2017

Required minimum distributions are the government’s way of recovering the tax breaks on the initial contributions to your retirement account and the years of tax-deferred wealth. Over the years, I’ve seen people in their 80s being forced to take distributions exceeding $80,000 or more even though they don’t need the money. More…

Asset Allocation: Mike And The Robos

Dec 28, 2016

My favorite robo-adviser so far is NewRetirement.com. I’ve been working with founder Stephen Chen on this website, and I find it closer to a real adviser than any of the alternatives. Unfortunately, the site doesn’t provide asset allocation recommendations, at least not yet, but it did recommend annual spending of $192,000. I recommend you try out this website. It gets better all the time and I think it’s already as good as the typical human planner. More…

Web’s Best Retirement Income Calculators

Dec 24, 2016

The Accuracy component of the retirement calculator scorecard refers to the reliability of the results being displayed. You need to know a program’s results are trustworthy. You do not want any illusions of grandeur when making final retirement plans. The worst mistake a retiree can make is planning only for the best-case scenario. More…

Got A Raise? Invest It In Your 401K

Dec 6, 2016

Even just putting away $10 or $20 a paycheck will make a difference, and will get you into the habit of saving. In many cases, the default investment options aren’t appropriate. Millennials should save more and invest more aggressively. More…

NewRetirement: A Holistic Approach to Retirement Planning

Aug 20, 2016

NewRetirement helps people figure out how to draw down their savings as well as think through things like Social Security, income, Medicare, work and phased retirement, as well as how to manage debt, expenses and out-of-pocket medical costs in order to live as securely as possible. It includes financial forecasting based on your inputs, some high-level tax modeling and required minimum distributions (RMDs). More…

NewRetirement: A New Approach to Retirement Planning

Jun 27, 2016

Retirement is complex. How much do you need? How long will you live? What is going to happen to Social Security and health care costs? NewRetirement, a website founded in 2005, is helping people answer those questions. I connected with founder Stephen Chen to learn more about how he went from building college admissions software to providing retirement guidance. More…

Computerized Investing’s Best of the Web

Feb 20, 2016

Overall, NewRetirement has a lot of information regarding retirement and offers several calculators and tools. Due to its easy-to-understand presentation and wealth of information, NewRetirement is the Editor’s Choice for Best of the Web in the category of Retirement Planning. More…

NewRetirement & Texas Tech Provide Free Access to Financial Planning

May 14, 2013

NewRetirement today announced that Texas Tech University's Personal Financial Planning Department is among the resources providing free retirement planning knowledge and guidance to consumers at NewRetirement.com. The two organizations share a vision of providing unbiased financial planning and knowledge to all Americans, regardless of their income, amount of assets or level of financial sophistication. More…

NewRetirement's Calculator Uncovers Thousands in Retirement Benefits

April 24, 2013

NewRetirement's calculator goes beyond merely answering, “how much money do I need?” In a few easy steps, it suggests concrete actions that will increase a typical visitor's retirement benefits or income by tens or hundreds of thousands of dollars. More…

NewRetirement.com Launches New Reverse Mortgage Calculator for Seniors

April 12, 2010

Retirement information provider and advocate NewRetirement.com has created and released a new reverse mortgage calculator tool for seniors. With the calculator, seniors can determine
whether or not they qualify for reverse mortgages, and if they do qualify, how much home equity they are likely to have available to them immediately. More…

Retirement Planning Website NewRetirement.com Named “Website of the Month” by The CPA Journal

December 22, 2008

The CPA Journal has declared NewRetirement.com their Website of the Month in their annual Financial Planning issue for the excellence of their articles and website structure on topics such as Reverse Mortgages and Mortgage Refinancing. Particular praise was given to the layout and ease of use of NewRetirement.com, as well as to the discussion boards and news digest provided, that answer people’s specific questions about their financial options as they face retirement. More…

Life Insurance Settlements Help Seniors Get Much Needed Cash Out of Unneeded Policies

July 18, 2007

Detailed information about Life Insurance Settlements for seniors is now found on the NewRetirement.com website. Life Insurance Settlements are a recent innovation that let seniors take life insurance policies and turn them into cash. Life settlement brokers can offer more value than the insurance providers, which only offer a cash surrender value. More…

Build the Big Sum You’ll Need

March 15, 2007

Stephen Chen, founder of NewRetirement.com, was interviewed for this CNN Money article about how to save enough for retirement or even to retire early. More…