Category Archives: Retirement Planning

Pay Attention to the Fees in Your 401(k) Plan

I’ll summarize my takeaways below, but if you have 20 minutes, watch this entertaining segment from John Oliver: “Retirement Plans: Last Week Tonight with John Oliver” He discusses how anyone can call him or herself an advisor without having any required … Continue Reading

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Retirement Decisions

Kiplinger’s 10 Financial Decisions You Will Regret in Retirement outlines some major mistakes you can make when planning for retirement. And, as in any endeavor, the most serious potential errors are those you cannot correct or recover from. As the … Continue Reading

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Homemakers Take Note

A new report, Homemakers Are Not Off the Hook: How Should They Be Planning for Retirement?, underscores that women and men who stay home to care for children need to focus on retirement planning. Two-thirds (67%) of homemakers globally got a … Continue Reading

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Half of Adults are Behind on Retirement Planning

You’ve been startled by statistics like this before: Fifty-three percent of U.S. adults have not started making financial arrangements for retirement. A new Genworth study “Aging and Retirement: A Generational Perspective” also found that four out of 10 respondents admitted … Continue Reading

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Thoughts on Having a Secure Retirement

A new book by Wharton finance professor Richard Marston, Investing for a Lifetime: Managing Wealth for the “New Normal,” dispels some common beliefs about what Americans need to save for retirement. For example, although recent reports suggest Americans should save … Continue Reading

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How Much Retirement Income Can Your 401(k) Produce?

In the wake of the Enron scandal and the credit crisis of 2008, employers have taken some steps to shore up the 401(k), the backbone of the nation’s private retirement-savings system. However, Nobel laureate Robert C. Merton says that plan … Continue Reading

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Timing of IRA Contributions Can Help or Hurt You

The early bird catches the worm – and, in the investment world, also potential for greater returns. Think about this: IRA investors can make IRA contributions any time from January 1 of the tax year to the following year’s April … Continue Reading

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What Does “Retirement” Mean to You?

What’s your ideal retirement? Relaxing on the beach, playing golf, spending time with your family, writing the great American novel, or travelling the world? Whatever you see yourself doing, it’s the well-deserved payoff for decades of saving, correct? What if … Continue Reading

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Retirement Readiness

If you figure you’ll work part-time in retirement, you are not alone. Aegon’s third Retirement Readiness survey finds only 32% of employees expect to stop work completely at retirement age. Also, despite the improving economy, the survey found that pre-retirees … Continue Reading

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Is the 4% Rule Still Valid?

Have you heard of the 4% rule?  It simply states that an investor can withdraw 4% from his or her retirement nest egg every year in retirement and never run out of money despite the possibility of the next Great Depression, … Continue Reading

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