For many, retirement can feel a bit like a fairy tale. When you’re young and working, it might seem like slow-building retirement savings (if you have any) might more… What Does Retirement Look Like By Generation?
For many, retirement can feel a bit like a fairy tale. When you’re young and working, it might seem like slow-building retirement savings (if you have any) might more… What Does Retirement Look Like By Generation?
A new survey from AARP finds that just over half of Americans in their 70s (51%) and 80s (52%) rate their financial situation today as excellent or very good. When more… AARP: Over Half of Older Americans Happy With Finances
MarketWatch interviewed several financial planners to find out what they’re recommending to their clients to lessen the impact of increasing inflation. The general consensus is that consumers should develop more… In the age of inflation, there are steps you can take to deal with higher prices
In a recent opinion piece, the editor’s at Bloomberg expressed strong opinions about the shortcomings of America’s retirement system and what Congress needs to do fix these problems. more… Piecemeal Reform Won’t Solve the U.S. Retirement Crisis
First of all, aging solo doesn’t have to be lonely. In fact, studies on childless adults show they’re no more lonely or depressed than adults with children. Many more… How to plan for aging solo as a childless adult
Rising prices are squeezing household budgets around the country and putting additional strain on its 56 million residents age 65 and up, many of whom rely on fixed more… Inflation Squeezing Older Americans
In celebration of International Women’s Day (March 8) and Women’s History Month, the Transamerica Center for Retirement Research developed a new resource, the “Five Fundamentals for Retirement Readiness,” more… Five Fundamentals for Women’s Retirement Readiness
Most people think of reverse mortgages as just a standalone loan. But some financial experts are seeing them as an investment strategy that lets people stay in their more… Turning a Reverse Mortgage into a Retirement Investment Tool
Every worker should be prioritizing retirement savings to ensure they have a secure future. Investing for your later years is important because you can’t live on Social Security more… 33% of older workers aren’t saving nearly enough for a secure retirement
The Social Security Administration (SSA) says it has good and bad news for consumers to start 2022. According to Consumer Affairs, the agency announced that the full retirement more… Social Security Administration changes full retirement age to 67
If you haven’t yet claimed Social Security, please read this article from the New York Times that talks about several online tools (both free and for a nominal fee) that more… To Get the Most From Social Security, Log On
In a column for theStreet, Sandra Adams, CFP, has some useful tips for people who want to help their parents plan for a better retirement. She adds, “If more… Encouraging Your Parents to Plan
Baby boomers nearing retirement age don’t want to kick up their feet and relax through their sunset years. Instead, most of them want to continue working, but just more… Boomers Favor Semi-Retirement with a Flexible Work Schedule
Recently, the 4% retirement income rule has been questioned by some financial advisors as being too aggressive in today’s world. One retired financial advisor who disagrees is William more… Is 4% Rule Too High? Rule Inventor Says It Should Be 4.7% Rule
There are a lot of important factors when planning your retirement, but don’t forget the most important: your happiness. Financial planner Ashley Folkes, CFP, says careful financial planning more… Retirement Goal – Happiness
Just about everyone who is still slaving away at the office shares the very same goal as those of us who have long since left the workplace: a more… 10 Secrets of a Happy Retirement
The Center for Retirement Research at Boston College recently reported on the following: About half of the nation’s private-sector employees do not have a retirement savings plan at more… State Auto-IRAs are Building Momentum
CPA and financial investigator, Joshua Wiesenfeld recently wrote an article for the AICPA that encourages his fellow CPAs to look at reverse mortgages as part of a larger more… A reverse mortgage as a financial planning tool