Retirement can mean many things, but it’s not often thought of as an entrepreneurial “second act.” But, in fact, as New York Times reporter Elizabeth Olson wrote in a perceptive piece from the newspaper’s special retirement section–headlined TURNING HOBBIES INTO…
ACT TWO
Tagged with: retiring entrepreneurs
Posted in Do You Know, Pension Parameters, Planning for Longevity
Posted in Do You Know, Pension Parameters, Planning for Longevity
HOUSING PRICES—THE WORD IS GAIN, NOT PAIN
Who doesn’t crave encouraging news, and there was indeed some in a May 28 New York Times piece by Catherine Rampell reporting that “Americans are in a buying mood, thanks largely to the housing recovery.” Here is the first section…
Posted in Market Improvement
RETIREMENT PLANNING PITFALLS, PART 2
Here are excerpts from the conclusion of USA Today columnist Rodney Brooks’ excellent piece on seven mistakes to avoid in retirement planning. “4. Does your spouse have power of attorney, and are all accounts held jointly? ‘I had a client…
RETIREMENT PLANNING PITFALLS, PART 1
Retirement is on your horizon, but do you see the potholes? One of our favorite financial columnists, USA Today’s Rodney Brooks, has an excellent piece on seven mistakes to avoid in retirement planning. Excerpts from Part 1: “It’s complicated, this…
Posted in Retirement Plans
PERCENTAGE PLAY, PART 2
Excerpts from the conclusion of Eilene Zimmerman’s excellent May 14 New York Times piece headlined 4% RULE FOR RETIREMENT WITHDRAWALS IS GOLDEN NO MORE- “Many advisers recommend maximizing earnings by moving away from the 60 /40 portfolio allocation on which…
Posted in Planning for Longevity
PERCENTAGE PLAY
Savvy gamblers like to “play the percentages,” theatrical agents of a certain (pre-inflationary time were known as “10 per centers” and Sherlock Holmes, you may remember, famously had his “7% solution.”) For those contemplating retirement in general or portfolio withdrawals…
Posted in Planning for Longevity
YES, SAVE FOR RETIREMENT HEALTH CARE, BUT HOW MUCH?
“When it comes to helping clients save for health-care costs in retirement,” reports Jeff Benjamin for Investment News, “advisers need to balance concerns about massive medical costs with a retiree’s actual quality of life – no small task. In his…
Posted in Retirement Plans
WHAT AILS RETIREES—THE COST OF HEALTH CARE, PART 2
The conclusion of an April column by USA TODAY’s personal finance editor Rodney Brooks deals with “other alternatives to deal with health care in retirement.” Excerpts from the article: Long-term care insurance “Planners say people also need to consider that…
WHAT AILS RETIREES- THE COST OF HEALTH CARE
The impact of health-care costs is enough to make anyone feel faint, and as USA TODAY personal finance editor Rodney Brooks wrote recently in an excellent column, many people “don’t have a good feeling about whether they have saved enough…
Posted in Health Care Costs, Retirement Plans
CAN I QUOTE YOU?
Let’s face it, everyone has an opinion about retirement (good idea? bad idea? financially viable—or not–idea?), and that includes the famous as well as not-so-famous. The words may not apply to you, but they’re certainly food for thought (or at…
Posted in Pension Parameters