Blog Archives

SOCIAL SECURITY STRATEGY

  “The combination of working longer and waiting to start Social Security benefits is a reasonable way for older workers to address the modern realities of longer lifespans and meager retirement savings,” writes Steve Vernon in a cbsnews.com MoneyWatch article.

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WHAT WOULD RODNEY DANGERFIELD THINK?

 Tom Selleck, among other celebrities, has done impressively slick infomercials extolling the benefits of reverse mortgages (truth to tell, by our light, his is the very best and persuasive of the lot—I mean, are there many others more trustworthy than

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FUTURE RELIANCE ON SOCIAL SECURITY

“A CRR analysis finds that total wealth from retirement plans has largely been flat from 1992 to 2010,” notes a piece in thinkadvisor.com headlined Future Retirees Could Be More Reliant on Social Security. “Employer-sponsored retirement plans are providing less retirement

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IRS, States and Tax Industry Warn of Last-Minute Email Scams

The Internal Revenue Service, state tax agencies and the tax industry warned both tax professionals and taxpayers of last-minute phishing email scams, especially those requesting last-minute deposit changes for refunds or account updates. As the 2017 tax filing season winds

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YOUR ‘POWER PERCENTAGE’

What is your power percentage and what does the metric mean in terms of retirement readiness? “If I were to approach you on the street and ask you how your financial life was going, on what basis would you answer

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RETIREMENT PREPAREDNESS

“While most Americans realize retirement will be the biggest purchase of their lifetime—costing 2.5 times the cost of an average home—81% say they do not know how much money they will need to fund their retirement,” writes Rebecca Moore in

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TRENDS FOR RETIREMENT SAVERS (WHO ARE IN BETTER SHAPE THAN EVER)

“On Wall Street, they like to say that a rising tide lifts all boats—meaning that when the stock market is doing well, pretty much every investor benefits. That certainly seems to be the case right now among those with a

Posted in Asset Allocation, Money and Aging, Planning for Longevity, Retirement Plans, Retirement Reality

SMALL BUSINESS OWNERS & RETIREMENT

A financialadvisoriq.com piece interestingly notes that “most small business owners in the U.S. haven’t put away for a comfortable retirement and could be betting too much on selling their business to fund it, according to a recent survey from BMO

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CREDIT-CARD DEBT GOES TO ONE TRILLION

“Americans’ credit card debt is on track to top $1 trillion by the end of this year,” writes Paul Ausick in an interesting piece for 247wallst.com. “The average household debt currently sits at around $7,800 and needs only to rise

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HIGHER EDUCATION, HIGHER FINANCIAL ANXIETY

“College education trumps retirement savings for many parents,” according to an excellent piece on thinkadvisor.com that’s heavy on statistics—and financially stressful implications “A great disparity exists between how much children think their parents will contribute to their college education and

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