Failing at Retirement

Retiring isn’t easy, at least not for everybody. A few weeks ago, The New York Times looked at restlessness among senior citizens who are the right age for retirement but not of the right spirit. A series of seniors confessed to the Times that they’ve “failed miserably at retirement.” View image | They don’t […]

When Retirees Should Downsize Their Homes

Your home is probably your biggest asset. It is also probably your biggest expense. But most people don’t even think of their homes when it comes to retirement planning. Typically, people don’t want to move. The love their homes. The homes are full of memories. And moving is a hassle. But for many retirees, downsizing […]

Is Half A Million The Magic Number?

If you have $500,000 or more, the way you view retirement is likely to be much sunnier than if you have less than that amount. A survey by Mantz Research, a marketing consulting firm, found that only 35 percent of near-retirees who expect to have assets of at least $500,000 were worried about whether they […]

Seven Top Retirement Myths

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. […]

Teens Think They’re Going To Get A Big Inheritance

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 […]

Avoiding ‘Money Death’ — A New Option For Your Nest Egg

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 […]