Archive | Retirement Planning RSS feed for this section

Retirement In Sight: Generating Retirement Income

Generating Retirement Income Each day, more than 10,000 Americans celebrate their 65th birthday. It’s a milestone, and for some, it signifies the beginning of retirement. Your friends, family, and coworkers may know you’re planning to retire. Some might even ask, “When’s the big day?” If you have concerns about maintaining retirement income, you may not […]

Comments Off on Retirement In Sight: Generating Retirement Income Continue Reading →

Retirement In Sight: Sunnier Prospects for Working as a Senior

Sunnier Prospects for Working as a Senior In recent years, a steady stream of articles has questioned baby boomers’ hopes to work part time in their retirement years. These articles have tended to take a skeptical view of such ambitions. Well, maybe it is time to sweep some of the skepticism away. In August, the […]

Comments Off on Retirement In Sight: Sunnier Prospects for Working as a Senior Continue Reading →

Retirement In Sight: Thinking About Leaving Work a Little Early?

Thinking About Leaving Work a Little Early? The so-called FIRE movement (FIRE stands for financial independence, retire early) has garnered so much attention, even those who anticipate retiring in their 60s are wondering if they should make a sacrifice or two to exit their careers or businesses a bit earlier. A poll, commissioned by personal […]

Comments Off on Retirement In Sight: Thinking About Leaving Work a Little Early? Continue Reading →

Retirement In Sight: How Retirement Saving Relates to Retirement Spending

How Retirement Saving Relates to Retirement Spending Sometimes an article will present a generic retirement forecast, stating that the average person may need “X” dollars in savings to retire confidently. Stories like these appear every so often on financial websites, and they should be taken with a grain of salt. These articles imply that a […]

Comments Off on Retirement In Sight: How Retirement Saving Relates to Retirement Spending Continue Reading →

Monthly Economic Update

The Month in Brief You could say June was a month of highs. The S&P 500 hit a record peak, oil prices reached year-to-date highs, and gold became more valuable than it had been in six years. (There was also a notable low during the month: The yield of the 10-year Treasury fell below 2%.) […]

Comments Off on Monthly Economic Update Continue Reading →

Retirement In Sight: Can You Stay on a Company Health Plan After Age 65?

Can You Stay on a Company Health Plan After Age 65? Generally, Medicare is available for people age 65 or older—this is well-known. What is less well-known is the fact that some companies can legally cancel group health insurance for a worker reaching this milestone. Baby boomers who aspire to keep working into their mid-60s […]

Comments Off on Retirement In Sight: Can You Stay on a Company Health Plan After Age 65? Continue Reading →

Monthly Economic Update

The Month in Brief Hopes for a quick resolution to the U.S.-China trade dispute faded in May as discussions broke down and rhetoric from both sides turned tough again. The disappointment lingered on Wall Street: The month saw losses for stocks. On Main Street, consumer confidence was strong and inflation tame. Mortgage rates reached year-to-date […]

Comments Off on Monthly Economic Update Continue Reading →

Retirement In Sight: Retiring with a Cash Reserve

Retiring with a Cash Reserve Many people want to enter retirement with (a) investments that may have benefited from years of growth and compounding, (b) a manageable debt position, and (c) a cash reserve for emergencies. Just how large should that cash reserve be? There is no simple answer to that question because the answer […]

Comments Off on Retirement In Sight: Retiring with a Cash Reserve Continue Reading →

Monthly Economic Update

The Month in Brief Wall Street shifted its focus from trade to earnings in April. On that front, the news was good: Through April 26, first-quarter results for S&P 500 firms had beaten expectations by 5.3%, a bit better than the historical average of 4.8%. A strong first-quarter gross domestic product reading and solid consumer […]

Comments Off on Monthly Economic Update Continue Reading →

Retirement In Sight: In Retirement, Your Spending Could Fluctuate

In Retirement, Your Spending Could Fluctuate Your retirement income strategy will almost certainly evolve. How much you spend will vary from year to year, and in some years, you will spend more on some things than others. At the start of your retirement, you may spend more than you think. A recent J.P. Morgan Asset […]

Comments Off on Retirement In Sight: In Retirement, Your Spending Could Fluctuate Continue Reading →