Category: Retirement
Get started now and perhaps save yourself that last-minute work. It may be a few months before the end of the year. However, you can save yourself a lot of time and money, by beginning to organize your financial planning now, according to USA Today in “Retirement tips: 8 Ways to start your year-end financial […]
What are the options with your benefits and what is the future of Social Security in general? There are many, many variables when determining Social Security benefits, so it is probably best to plan for your retirement and leave it as an unknown factor, according to The Motley Fool in “Want a Solid Financial Plan […]
Heading into retirement does not mean you have to cease support of nonprofits. A recent study, which took a close look at American households and support for nonprofits, found differences in giving among genders as well as marital status, according to CBS News’ Moneywatch in “How to fund your charitable giving in retirement“. The study […]
Most people seek confirmation that they have accumulated enough for the remainder of their years. You can put a lot of effort into saving for retirement and still have questions. However, it is important to know that the success of your plan will often be your income to expense ratio, according to Investopedia’s article “Determining If […]
Retirees may find themselves facing a major federal tax increase fueled by tax-deferred accounts. There are many financial strategies occurring as you save toward your retirement, including maximized annual contributions and compounding interest. This can cause a tremendous tax bite, unless you are careful, according to the Citizen Times in its article “Try this strategy […]
Shortages in some sectors make partial retirement an inviting opportunity for both parties. Not every person who reaches retirement age wants full retirement. Some labor markets make it easy to ease into retirement while helping out employers, according to The New York Times in “In a Tight Labor Market, Retirees Fill Gaps Their Previous Employers […]
Social Security rules and regulations are the key to the magic retirement age. For some reason, many American have come to believe the magic number for retirement is 61 and they are wrong, according to The Motley Fool’s article “Americans’ Ideal Retirement Age–and Why It’s Not Realistic“. The article is based on a survey from […]
Expected lifespan should be taken into consideration in savings plan. Women face a challenge in the U.S. This is because they have a longer lifespan than men but statistically make less money to be used for saving, according to The Motley Fool in “Why Are Women Only Saving Half as Much as Men for Retirement?” […]
There seem to be no popular options that will fix the growing problem. The problem of under-funded public pensions is severe and not isolated to just a few public programs, according to the Economist in “American public pensions suffer from a gaping hole.” While most private companies have moved to 401ks, public employees still have […]
Millennials also expect their own children will help them in retirement. Millennials expect that their parents and their children will help them out in their retirement years, according to Financial Advisor in “Millennials Want Family Help in Retirement.” There are sometimes big differences between generations. For example, 61% of millennials expect to receive an inheritance […]
