Blog Archives

PROSPECTS OF A FRUGAL RETIREMENT

You can never go wrong with a Steve Vernon cbsnews.com MoneyWatch column, and this typically informative and gracefully written one–headlined How Boomers are Adjusting to Prospects of a Frugal Retirement—is no exception.  Vernon writes: “Several years into America’s economic recovery

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HOUSEHOLD DEBT CLIMBS

“Americans are taking on a lot more debt,” writes Kathryn Vasel for cnn.com. “Total household debt climbed to $12.58 trillion at the end of 2016, an increase of $266 billion from the third quarter, according to a report from the

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RETIREMENT EXPENSES TO REMEMBER: TAXES & DENTAL EXPENSES

“Expenses plummet in retirement, and that is a good thing, because many retirees are getting by on half their pre-retirement income. But here is a disturbing fact: experts and retirees themselves readily identity six big expense categories that retirees should

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LIFE EXPECTANCY AND RETIREMENT

You may not think of it this way, but good health does bring with it certain costs. For one thing, possibly pushing back a planned retirement. “When Americans think of retirement, 65 is often the magic number that pops up.

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Seven out of Ten Americans Likely to need Long-term Care

“Few things are certain in life, although the need for long-term care comes pretty close. Seven out of 10 Americans are likely to need long-term care at some point in their lives, according to government statistics,” writes Kelley Holland in

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CONSIDER EACH STATE’S BENEFITS BEFORE CHOOSING RETIREMENT SPOT

You can’t beat the scenery and the weather as reasons to consider Hawaii a destination retirement spot, but who would have thought that beneficial health-care costs is another major plus. As Robert Berger writes in a superb usnews.com piece headlined

Posted in Health Care Costs, Money and Aging, Retirement Plans, Retirement Reality, states where you can afford to retire

HEALTH COSTS IN RETIREMENT

It’s pretty much a given that the price tag for health care in retirement will likely be, as a certain Presidential contender might say, huge! But how huge, exactly? “For many, generating $250,000 in savings seems like quite a far

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RETIREMENT EXPENSES AND HOW TO MINIMIZE THEM

One of the very best retirement “cost-control” pieces we’ve come across is by Tom Sightings for usnews.com. He writes: “Now that the stock market has shown us we cannot always rely on capital gains from our investments, or extra income

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FEDERAL RESERVE SURVEY: MANY FUTURE RETIREES ILL PREPARED

A reuters.com piece notes that “many Americans are not financially prepared for retirement, with almost a third of working adults without savings or a pension, according to a Federal Reserve survey published on Wednesday [May 27].” The piece, reported by

Posted in Asset Allocation, Boomer Retirement, Do You Know, Health Care Costs, Planning for Longevity, Protect Your Family, Retirement Plans Tagged with: ,