You may have a 401(k) retirement plan at work and if you are married or have a partner, your one-and-only may have one, too. But have the two of you sat down to review the plans together and see if the combined investments make sense as a whole? Chance… Continue reading
You probably think that many Americans fear running out of money in retirement due to a lack of savings. While that’s undoubtedly true, there’s another reason for this worry: Many don’t know how to determine how much of their retirement funds they can … Continue reading
There are so many scary things about retirement: All that free time to suddenly fill. The slew of health care decisions, from Medicare to supplemental health insurance to long-term care insurance. But the scariest thing of all is figuring out how to av… Continue reading
U.S. economic growth has been underwhelming for some time, averaging around 2% these days. In recent months, economic commentators have intensified their search for the underlying reason why the economy can’t kick into higher gear. They’ve landed on th… Continue reading
Dan and Alice Smith, both 64, have never shied away from change — that includes a change of address. When Dan was a marketing executive for an oil company in the 1970s, relocations came with the territory. After switching to the auto industry in the ea… Continue reading
Dan and Alice Smith, both 64, have never shied away from change — that includes a change of address. When Dan was a marketing executive for an oil company in the 1970s, relocations came with the territory. After switching to the auto industry in the ea… Continue reading
(This article is an updated version of a 2018 Next Avenue story.) Here are two safe forecasts, the kind you can count on. First, the U.S. economy will sink into a recession. Second, no one knows when the recession will arrive. Taken altogether, these t… Continue reading
Swelling numbers of Americans these days are working in retirement, taking part-time jobs and launching businesses. And retirees are increasingly staying in their homes rather than moving to retirement communities. They’re also, however, breaking the m… Continue reading
“Holy Mackerel,” my dad would have said, when the Dow plunged 767 points Monday, August 5. That stunning fall felt like the mad whoosh down the Kingda Ka roller coaster at Six Flags Great Adventure in New Jersey, the fastest in North America. Monday wa… Continue reading
Our ability to avoid outliving our money is, in large part, due to our expenses in retirement. Turns out, a new study reveals, we’re pretty lousy at predicting how much we’ll actually spend on housing and health care when we retire. And another study s… Continue reading