Tag Archives: retirement

Retirement In Sight: You Might Spend Less—Later in Retirement

You Might Spend Less—Later in Retirement A 2019 white paper by the Employee Benefit Research Institute (EBRI) indicates that Americans tend to spend less as they age. EBRI analyzed a study from the University of Michigan, which tracked spending levels of Americans age 50 or older for 12 years. Looking at this data, EBRI found […]

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Retirement In Sight: How Should Preretirees View Illiquid Assets?

How Should Preretirees View Illiquid Assets? Some people approach their retirement years owning illiquid assets worth more than their liquid ones. While long-held illiquid assets, such as a business or home, may become highly valued or appreciated over time, it can be wise to be frank and conservative when estimating their worth, especially if an […]

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Retirement In Sight: Using Your Quarantine as a Trial Run for Retirement

Using Your Quarantine as a Trial Run for Retirement Staying productive in the time of COVID-19 can be a challenge. Rather than pulling out the board games, you might want to use the opportunity to stress-test your plans for retirement. Specifically, if you are preparing to retire soon, you might be able to examine a […]

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Retirement In Sight: Good Career Choices May Lead to an Improved Retirement

Good Career Choices May Lead to an Improved Retirement What is your most powerful tool for building retirement savings? Perhaps, your income. For that matter, the path of your career could influence when and how well your retirement begins. Is there merit in changing jobs (or even careers) with an eye toward what the move […]

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Retirement In Sight: What Matters More in Retirement: Income or Savings?

What Matters More in Retirement: Income or Savings? Retirement saving is not just about accumulating assets. It is also about laying the groundwork for retirement spending. Any retirement strategy has a core goal: the goal of helping an individual or couple pursue their retirement dreams once their careers have concluded. So, from that perspective, the […]

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Retirement In Sight: How the SECURE Act Affects Retirement Accounts

How the SECURE Act Affects Retirement Accounts A new federal law, the Setting Up Every Community for Retirement Enhancement (SECURE) Act, directly affects retirees and retirement savers. It changes the rules regarding “stretching” an individual retirement account (IRA), as well as longstanding retirement account rules keyed to age 70½. Under the SECURE Act, in most […]

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