From: thealertinvestor.com
Worried that you don’t have enough saved for retirement? You’re not alone.
A recent Gallup survey found that Americans list retirement savings as their top financial concern, with 64 percent saying they were “very worried” or “moderately worried” about having enough money to support themselves in their golden years.
Experts often advise young people to start their retirement savings early in their careers,…
Retirement is a very important event of life that many of you experience. But all of you would like your retired life to be peaceful, wealthy, and of course no financial worry. Unfortunately, it is seen that many of the retired persons undergo the financial mess even during the retirement phase. However, to secure a comfortable retired life, it requires smart planning and years of persistence. Anyways,…
From: fa-mag.com
Conventional wisdom in any area of life is far from infallible, and this is as true in retirement planning as it is in politics.
If you go by the standard recommendation for withdrawing money from various savings accounts and for taking Social Security benefits, a retiree could end up running out of savings in retirement.
William Meyer and Dr. William Reichenstein, experts in retirement planning…
From: money.usnews.com
Sometimes conventional wisdom isn’t necessarily wise. For years, many pre-retirees were counseled to expect living expenses of around 70 to 80 percent of their current outlays.
In the past decade, financial planners have keyed in on several places where retirees spend more than previously believed. Many baby boomers are healthy and energetic at retirement and are ready to take on travel or new hobbies,…
From: kitces.com
Retirement accounts and annuities used as accumulation vehicles can create significant tax-deferred account balances over time, with the caveat that eventually the tax bill must still come due. If the accounts are liquidated during life, the account owner faces the tax consequences; if the accounts are…
From: finance.yahoo.com
As the Dow Jones Industrial Average was falling significantly Thursday, Fidelity Investments reported that 55% of Americans don’t have enough money saved to cover their basic needs in retirement. According to the survey, which Fidelity conducts every other year, just 45% of Americans will be able to afford essentials like housing, healthcare and food in their golden years.
“Fifty-five percent of Americans are not…
From: RIAG’s, Journal of Asset Protection
Reprinted from RIAG’s, Journal of Asset Protection, with permission of the publisher, Research Institute of America Group.
From: thinkadvisor.com
‘There is a magical, secret ingredient, a secret sauce, inside an annuity that can’t be replicated’ by other retirement products, Milevsky says
Ken Fisher hates annuities, and annuity experts aren’t exactly in love with what the famed money manager said about those retirement products in an interview with ThinkAdvisor last week.
The chairman and CEO of Fisher Investments, who runs a three-year-old annuity…
From: forbes.com
What will it cost you to live in retirement? Like many people, you might try to answer this crucial question by using an online budgeting app or by looking at what others tell you is a good rule of thumb. While these tools might provide a starting point, it’s important to keep in mind that the expenses you face today may not be the ones…
From: nationalreview.com
While engaging in the mundane task of gathering financial statements for a “secure retirement” meeting with my husband’s and my adviser, this Baby Boomer stumbled upon documented proof that our nation does not have the guts to confront one of its most serious economic problems. The realization came when I pulled from my files a document statement innocently titled,…
Copyright © 2024 • REAP | Retirement & Estate Advisors & Professionals • All rights reserved
(855) 904-REAP • info@retirementestateplan.com
