Category Archives: Retirement

Delaying Retirement?

You’re 49 years old, you make $113,000 a year and you’re starting to get worried about financing your retirement. You could take the drastic step of upping your retirement savings by 10% of your salary. Or you could achieve the same … Continue reading

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Should you buy an Immediate Annuity?

Problem: Living Too Long An immediate annuity is the most efficient way to address the risk of living too long. It provides a high level of income and is guaranteed for the life of the “annuitant.” This allows a retiree … Continue reading

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Saving Money with an IRA

IRA – Individual Retirement Accounts Individual retirement accounts, or IRAs, are a method for saving money for retirement that is either tax-free or tax-sheltered. There are several types of IRAs, each with its own benefits, rules, and contribution limits. If … Continue reading

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Let’s talk Social Security

What does the future of Social Security look like? It’s an important question, as Social Security benefits are a large source of retirement income for many Americans. According to the Social Security Administration, 52% of Americans aged 65 and older … Continue reading

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What is the cost to cash in on a 401k?

Withdrawing money from a 401 (k) can be quite complicated and could be quite expensive. Since your employer has established the 401(k) the plan documents that govern your plan are in his office. The first thing to find out is … Continue reading

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10 best states to retire rich and stay that way

When contemplating retirement, you might wonder whether there’s enough money in your retirement savings to support you adequately — without having to work during retirement or find some other source of income. The folks at GOBankingRates have been wondering about … Continue reading

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Retirement Planning

If you’ve spent any time researching retirement planning, you’ve probably heard about the bucket approach. Essentially, bucketing is an income strategy that involves breaking your portfolio apart into three segments so that the cash you’ll need soonest (short term) is … Continue reading

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Retirement Plans at Work

Employees in the health care sector are challenging — to retirement plan sponsors, providers, advisors and intermediaries. That’s according to the research report “Retirement Plan Trends in Today’s Healthcare Market,” coauthored by Transamerica Retirement Solutions Corporation and the American Hospital … Continue reading

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Retirement Savings at an all time LOW

Not only are Americans not saving more for retirement, one out of every 10 aren’t saving anything at all this year—and they didn’t last year, either. That’s according to a new Bankrate.com report, which found that just 19 percent of … Continue reading

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Retirement Statistics – Ignoring this does not make the problem go away!

While some (very few) industry experts say there’s little or nothing to fear on the retirement front, deep down inside we all know it’s not true. How else to explain how worried everyone is about retirement? Insecurity on the job … Continue reading

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