Authored By Dr. Wade Pfau,Ph.D., CFA, RICP® Retirement Researcher Readers of my last blog entry, Annuities and Delayed Social Security, provided many valuable comments, prompting me to now write a follow-up post. Most of the discussion centered on a chart showing the relationship between annuity payout rates and interest rates. That chart was actually a last [...]
"Fears of robot overlords may be a tad overblown, at least for now." Teresa Kuhn Authored By Teresa Kuhn, JD, RFC, CSA - TeresaKuhn.com I'll be the first to admit that I am sometimes a little unnerved when I realize just how far the artificial language model known as ChatGPT has come. My anxiety increases [...]
By Eric Coons First, the bad news. The world's economy is in a period of turbulence unlike any we've seen in modern history. Unfortunately, it doesn't look like stability is coming anytime soon. The market's unpredictability, along with socio-political events, may make you fearful and paralyzed. The good news is that you can still rely [...]
"The higher your income, the more critical tax-efficient investing becomes." By Kenneth Reeves Apex Financial Nearly every American understands that taxes are one of their most significant expenses. Wealth planners regard taxes and inflation as the two most erosive forces impacting savings. Tax planning strategies are critical components of sound retirement planning, even for [...]
"Once upon a time, state and federal government pensions were considered somewhat sacred, a bulwark against economic forces that battered conventional retirement savings plans. But, due to unprecedented economic shifts, those with government-sponsored retirement plans may be less secure than ever."- Brian Swerdlow. By Brian Swerdlow In a business environment where Wall Street executives [...]
“If you are a federal employee covered by FERS who needs or wants to retire earlier than planned, MRA 10+ may be an option. MRA + 10 allows Feds who have met minimum age requirements and have at least ten years of service to retire sooner than expected.” Brian Swerdlow By Brian Swerdlow Federal [...]
Is the traditional "4% Rule" dead in 2023? Stan the Annuity Man explains why he thinks 4% just doesn't make sense anymore. https://www.youtube.com/watch?v=1Vh2UnlWyDM
Authored By Valuewalk Contributed by Paul Hubbard BY VALUEWALK For the average American, healthcare in retirement will cost more than they have in their entire savings account. And unfortunately, Medicare won’t help. Healthcare, of course, is the single biggest line item that most retirees need to prepare for. Recently, a study released by the EBRI (the Employee Benefit Research [...]
By Daniel Stewart "Retirement is one of the most significant milestones in a person's life. However, for many older Americans what should be a happy, stress-free time can easily become full of money challenges and other unanticipated hurdles." If you are a pre-retiree witnessing what seems to be an economy on the edge of a [...]
by Daniel Stewart A rapidly shifting demographic means more Americans than ever will need some form of long-term care or a stay in a nursing home. Unfortunately, few of us are prepared for the escalating expenses of long-term care. Long-term care expenses are one of the prime reasons seniors run out of money when they [...]
By Jerry Yu The Family Money Doctor© If you are in the "sandwich" generation, you may need a "money doctor." Lately, I've been writing about the "sandwich generation"- those who care simultaneously for their growing families and aging parents. I too am a sandwich generation member, so I know the difficulties associated with providing [...]
by Sean Sparkman As an investor in today's chaotic economy, you're probably aware of the constant threat inflation poses to your wealth. Over time, you've seen the value of your cash eroding before your eyes as prices rise, and it's more challenging to maintain your standard of living. Treasury Inflation-Protected Securities (TIPS) may protect your [...]
