Blog Archives

MOVING SCAMS

“Clues to a Ruse. Don’t even consider outfits that bid jobs sight unseen, that answer the phone with generic greetings such as ‘movers’ rather than  a specific company name (unscrupulous movers use multiple names to elude angry customers), or whose

Posted in Do You Know, Protect Your Family, Retirement Plans Tagged with:

CREDIT-CARD DISPUTES

With apologies to the classic film “The Graduate,” here’s our one word for today: plastic. “Having credit card issues? At least 26,600 other frustrated people are right there with you,” writes Maria Lamagna in an interesting piece for marketwatch.com. “The

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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

Posted in Asset Allocation, Do You Know, Planning for Longevity, Protect Your Family, Retirement Plans, Retirement Reality Tagged with:

WOMEN & RETIREMENT

“While it can be said that women have come a long way in the last few decades, they continue to face many social obstacles, not least of which is preparing adequately for retirement,” writes Lee Barney for plansponsor.com, citing the

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POLL ABOUT BIPARTISAN CONCERN OVER RETIREMENT SECURITY

“Americans share a bipartisan concern over their retirement security,” writes Hazel Bradford in a Pensions & Investments piece, citing a survey [released Feb. 28] by the National Institute on Retirement Security. Bradford continues: “A poll of 800 Americans age 25

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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

Posted in Boomer Retirement, Health Care Costs, Protect Your Family, Retirement Plans, Retirement Reality Tagged with: , ,

Tax Preparedness Series: Tax Records — What to Keep

Admit it, you’ve wondered: just how long should you keep tax returns and other documents? The IRS addresses the question in their Tax Preparedness Series. Generally, it recommends keeping copies of tax returns and supporting documents at least three years.

Posted in Protect Your Family, Tax Planning and Deductions

 DO HOUSEHOLDS SAVE MORE WHEN THE KIDS LEAVE HOME?

That’s the headline of another superb study by the Center for Retirement Research at Boston College. The issues, data, charts and methodology are all presented, and here is the study’s conclusion: “Households’ financial response to the kids leaving may seem

Posted in Boomer Retirement, Protect Your Family, Retirement Plans, Retirement Reality

SAVING FOR COLLEGE

“For the first time since 2013, American parents list saving for college among their top two savings priorities, surpassing both retirement and general savings, and second only to emergency funds,” writes Tanza Loudenback in a highly interesting businessinsider.com piece, citing

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OLDER WORKERS AND “GOOD” JOBS

“Working longer is becoming the go-to retirement plan for millions of older Americans who report they expect to keep working well into their retirement years,” writes Steve Vernon in another of his superlative MoneyWatch pieces for cbsnews.com. “Many say they need the

Posted in 401k, Boomer Retirement, Money and Aging, Planning for Longevity, Protect Your Family, Retirement Plans, Retirement Reality Tagged with: