No matter when you plan on retiring, you should have a plan in place. Don’t expect Social Security to carry you through, even if it remains solvent for many, many years. But many people get bad advice about retirement, be it from friends, relatives or others who don’t really know what they are talking about. [...]
Blog Subscription
Teenagers who grew up during the big recession may not have learned anything from it. A study by TD Ameritrade found that 40 percent of those in Generation Z, now between the ages of 13 and 22, think they are going to get a big inheritance and won’t need to save for retirement. But an [...]
Americans are living longer than ever. That’s the good news. The bad news is that there is a chance many will outlive their savings. The average life expectancy for men is now 83 and for women it is 85. But if you live 20 years past retirement, you may need a different kind of investment [...]