You’ve worked hard your whole life to enjoy retirement. Once you enter that phase, the goal is to make sure your money lasts as long as you do. To combat this, here are some things you can do to drastically increase the odds that you won’t run out of money. Create a Realistic Spend-Down Rate …
6 TIPS TO MAKE SURE YOU DON’T GO BROKE IN RETIREMENT Read More »
In my previous blog post, I discussed the fundamental forces that drive inflation rates higher. Now I’d like to discuss understanding the economy and the tools the Fed has to combat runaway inflation. Reading the Economy Base Effect: The base effect relates to inflation in the corresponding previous year. If the inflation rate was too …
Should You Be Concerned About Inflation? (Part 2) Read More »
When it comes to retirement planning, everyone’s situation will be different and present its own unique challenges. A few examples of common unique situations include unmarried couples living together and retirement planning when a special needs child is involved. Unmarried Couples Roughly half the U.S. adult population is unmarried, with many unmarried couples living together …
If you pay attention to financial news, you are probably seeing a lot of discussion about inflation, which has reared its head in the U.S. economy after being mostly dormant for the last decade. In May 2021, the Consumer Price Index rose at an annual rate of 5%, the highest 12-month increase since August 2008.1 …
Should You Be Concerned About Inflation? (Part 1) Read More »
The pandemic has made nearly a quarter of retirees somewhat or significantly less confident they will have enough money to live comfortably throughout retirement, according to the Employee Benefit Research Institute (EBRI) 2021 Retirement Confidence Survey. Retirees also report that after their Social Security income, their second income source is personal savings followed by pension …
Featured Retirement Income Specialists Planning and saving for retirement has changed dramatically over the past few decades. You used to be able to work for a company for 20-30 years and enjoy reliable pension income throughout retirement. Now, many of today’s aspiring retirees must take it upon themselves to help ensure they’ll have the income …
What Is The Most Accurate Way To Estimate Retirement Income? Putting away your money for retirement can sometimes feel like you’re aiming at a moving target. How much should you be putting away right now? How do you know when you have enough? One of the biggest mistakes many retirees make is underestimating how much …
Retirement Investing for A More Predictable Income Read More »
Most of us look forward to retirement, imagining we’ll get to relax and enjoy the activities we didn’t have time for during our working years like traveling, eating out more often, and enjoying our favorite hobbies. However, as hard-working Americans transition into retirement, many don’t realize they’re crossing the threshold into a new way …
I’m sure you’ve taken a moment to envision the lifestyle you hope to enjoy during retirement. It might include things like traveling more, going out to eat with friends and family, or playing more golf. That is a great first step in planning for retirement—setting specific goals for what you hope to accomplish and …
Although we’re not past the health crisis yet, a picture of what the new normal might look like is becoming a bit more clear. In my last blog post, I wrote about The Coronavirus Crisis and The Real Estate Market, and what you need to know. Now let’s discuss the virus’ impact on other areas …
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