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…
Blog Archives
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
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
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
AND THE SURVEY SAYS . . . .
Ah, decision, decisions! The most popular financial ones—saving early? real estate? paying off the mortgage?–are addressed by Andrea Coombes in a MarketWatch.com column, Here is Part 1 of the piece: “Quick, what’s the best money move you ever made? “For…
Tagged with: financial decisions, Survey
Posted in Asset Allocation, Pension Parameters, Retirement Plans, Tax Planning and Deductions
Posted in Asset Allocation, Pension Parameters, Retirement Plans, Tax Planning and Deductions
IRAs AND RETIREMENT
Exhaling now that April 15 has passed, let’s turn our attention from the IRS to IRAs. Regina Lewis, host of USA TODAY’s “Money Quick Tips” videos, has a smart piece on IRAs as being a recommended part of your retirement…
STARTING SOONER
It’s not exactly news that younger Americans have unique challenges that their parents may not have faced in accumulating wealth. Last month, for example, a New York Times piece—headlined FINANCIAL TIPS FOR YOUNGER ADULTS—noted that “with stagnant wages, a tough…
Posted in Retirement Plans
THE COLLABORATIVE ADVANTAGE
What goes on behind the scenes between your CPA and your FINANCIAL ADVISOR? While it is really up to you on how you manage these relationships, we at Pension Parameters have, for more than 30 years, followed the BEST PRACTICES…
Posted in Retirement Plans
HAS A CHANGING ECONOMY CHANGED YOU?
It was only a few years ago that the market was bombing, and now it’s booming. What’s happened between then and now has profoundly altered the ways individuals plan for their retirement, but how? An excellent website piece by Dan…
Posted in Retirement Plans
TAXES AND RETIREMENT, PART 3
Here is the concluding blog excerpting USA Today’s personal finance editor Rodney Brooks’ excellent March 12 piece on “Five Tax Tips for Future Retirees”: “5. Don’t put retirement planning on autopilot. Be aware of changes to the tax laws and…
Posted in Retirement Plans