What’s New on Your 401k Statement? (Why Does it Appear You Have So Little Retirement Income?)
Your next 401k statement is going to look different. And, your retirement income projections may be concerning. Find out why.
Category: Retirement Income
What is Sequence of Returns Risk? How Can You Protect Your Retirement from It?
What is sequence of returns risk? Hint: timing is everything when it comes to withdrawing your savings. Find out how to maximize your retirement income for the long haul.
Want Reliable Retirement Income? Use the Spend Safely in Retirement Strategy
Spend safely in retirement? It sounds promising. Discover how to implement this retirement income strategy developed at Stanford. Read more…
What is Consumption Smoothing? And, Why Is It Important to Your Lifelong Happiness?
While most people do short term consumption smoothing, you really need it for your future financial security.
Average Retirement Income 2022: How Do You Compare?
Average retirement income 2022 – find out how your income compares to averages and get tips for boosting your income. Read now!
Will Retirees Use their $10 Trillion in Home Equity for Income? A Back Up Plan? As Inheritance?
Your home is a valuable asset. It is also a powerful financial tool for retirement. Explore 5 ways to use your home equity. Read now…
Podcast: David Blanchett — Guaranteed Income in Retirement
Steve and David discuss retirement income and go over some listener questions
Best Asset Allocation at Different Ages
The best asset allocation strategy for you today? As you age? Is age the best way to determine investment strategy? Get answers.
6 Strategies to Manage Required Minimum Distributions (RMDs)
Are RMDs desired income or a cost? Either way, preserve wealth with these 6 strategies for minimizing taxes on your withdrawals.
How to Qualify for the Highest Possible Social Security Benefit
What’s the highest Social Security benefit? Will you qualify? Get easy answers for a wealthier retirement.
Will Social Security Run Out? What Does a Shortfall in 2033 Really Mean?
Demographics and the pandemic are 2 factors causing financial woes for Social Security. Learn if your benefits will be impacted.
Are You Wealthy? 19 Ways to Define Wealth
Are you wealthy? Are you defining wealth correctly? See how people think about wealth and compare your financial well being to others’.
How to Apply for Social Security: Easy Steps to the Right Decisions
Find out how to apply for Social Security. Applying for Social Security is very straightforward. The real trick is deciding when. Get the inside scoop!
3 Steps to a Retirement Income Plan: Nobel Prize Winner Helps You Figure Out Your Best Options for a Secure Future
Nobel prize winner Robert Merton outlines the 3 steps you need to take to create a retirement income plan for a secure future.
Social Security Strategies: 15 Easy Tips for Making the Best Decisions
Choosing the right Social Security strategies can be a $100,000 (or more) question. Find out how to make the most of this benefit with 16 easy tips.
11 Ideas for Living on Social Security Alone
Living on Social Security alone really is possible. Get the scoop on 11 ways to make it work for your situation. Read now!
The Lockbox Strategy and 10 Other Retirement Income Tips from Nobel Laureate, William Sharpe
William Sharpe has contributed significant brain power to solving for retirement security. Learn about the lockbox strategy and other ways to set up your retirement income.
Passive Income for Retirement: 12 Creative Ideas to Boost Your Financial Security
Passive income for retirement are income sources that you benefit from without too much effort — the money just flows in. Passive income streams are therefore ideal for retirement. In retirement you are trying to maximize the time we spend on leisure activities while minimizing work or burdensome endeavors.You can generate passive income from savings,…
24 of the Best Ways to Spend Your Stimulus Check
Depending on your income (not your assets), you may be receiving a stimulus check of somewhere between $1,400 and $2,800. How are people putting this money to use? We asked the NewRetirement Facebook group and it turns out that the uses are as varied as we are individually. Many are looking to spend the money…
14 Low-Risk, High-Return Investments: How to Make Money in a Low Interest Rate Environment
When you are retired, or near retirement, it is generally a good idea to have a percentage of your savings in investment vehicles that are lower in risk. However, it can be difficult to find low-risk, high-return investments — especially now with Certificate of Deposit (CD) and savings account rates at less than one percent.…
Average Retirement Income 2021: How Do You Compare?
How are you going to pay for retirement? How is everyone else doing it? What is the average retirement income for 2021? Has it changed a lot from past years with the pandemic? Are you anywhere close to average? 2020 was a devastating year for the finances of many households. And surprisingly, it was also…
Early Retirement Income: 5 Ways to Make Penalty-Free Withdrawals from Your Retirement Accounts BEFORE You Turn 59.5
Early retirement is a dream for many. However, a really early retirement is fairly rare. According to research published on LIMRA, only about 20% of all Americans retire in their 50s or before — with most of those happening after age 55. For those that do retire early, figuring out how to fund expenses can…
8 Ways to Invest in Real Estate for Retirement
Let’s get real about investing in real estate for retirement. Investing of any kind can be complicated at any point in your life. However, investing in or near retirement can be especially arduous. At retirement you need your assets to be relatively free of risk while keeping pace with inflation. In many cases, you need…
Podcast: Dana Anspach — Retirement Income Planning
The 50th NewRetirement podcast! This time, Steve Chen is joined by guest Dana Anspach — Certified Financial Planner™, author, and the founder of Sensible Money — and discusses her practice and approach to retirement income planning. Listen Now: Don’t miss out on future episodes: subscribe on iTunes subscribe on Stitcher And, join our private Facebook…
What Are the Effects of Low Interest Rates on Your Retirement?
You may have seen the news: Interest rates in the United States are at historic lows. That sounds great. But is it really? What are the effects of low interest rates on your retirement? Read on to see the pros and cons of low interest rates on your retirement plan. And, how to make the…