Retirement Planning

Have you recently retired without a comprehensive financial plan to take you through the coming years? It’s not too late to make one. A December 2013 survey from Fidelity found that more than half of Americans are at risk of not covering their essential expenses in retirement. PwC reported similar findings on its 2013 survey…

Many people have a countdown to the official retirement age of 65 — or whatever age you might be targeting.  However, many of us are looking for ways to retire even earlier.  Here are a few good ways to reduce your spending in such a way that you can knock a few years off your…

If you’re approaching retirement age, you’re in good company—millions of boomers are right there with you. In the next few decades, one out of every five Americans will have reached or surpassed Social Security’s “full retirement age” of 65, according to the most recent U.S. Census data release. “Between 2012 and 2050, the United States…

Falling interest rates can often signal a negative impact on a long-term retirement portfolio, as a lower rate environment means less money saved for retirement. But low rates can also have a silver lining for retirees, especially when it comes to reverse mortgages. The Federal Reserve has been keeping downward pressure on interest rates post-recession in…

As the New Year begins, it is the traditional time to set goals for improving your life. Here are a few resolution recommendations for anyone at or around retirement age: • Create a Retirement Plan: Contrary to popular wisdom, most people enter retirement without much of a long term plan. However, it is critical that…

If you follow the news related to retirement for any length of time these days, you will encounter some article on the woes of Social Security, either presently or imminently.  Recently, Gary King and Samir Soneji, professors at Harvard and Dartmouth respectively, wrote an article for the New York Times in which they claimed that…