Part two of a two-part series. Once you are reasonably wealthy, you may find that adding to your wealth is less of a struggle. The rich often do become richer.…
New Retirement Regulations: SECURE or INSECURE?
Part one of a two-part series on SECURE’s new retirement regulations. The U.S. Congress loves warm and fuzzy acronyms. But it’s the fine print that counts, not the name of…
Six Social Security Changes Taking Place This Year
The good news for retirees is that they can expect more benefits this year from the Social Security Administration (SSA). The bad news is that the retirement age and earnings…
For Most Retirees, Social Security Is Main Source of Income
We’ve previously documented that the Social Security system is going broke. Fortunately for America’s retirees, Congress, the president and those in the Social Security Administration (SSA) can’t allow that to…
When Planning for Retirement, Taxes Matter
It’s not just what your investments earn that’s important – it’s what you keep. So how can you minimize taxes while saving for retirement? There are plenty of options, depending…
Plan for Retirement on Your First Day of Work
At age 21, most people are just beginning their careers. They would be wise to think about retirement at the same time. Contributions to 401(k) plans, IRAs and other retirement…
Working Late
For the baby boom generation, 70 is the new 60. That’s not only because baby boomers are living longer than previous generations, but because they’re working longer. During the most…
An Annuity Will Last As Long As You Do
Today’s retirees are living longer, but longer life has a down side. Even those who have saved diligently for retirement may run out of money. An annuity can help, because,…
Social Insecurity: Another Reason We’re Going Broke
Except for recent contributions, all of the money that you’ve contributed to the Social Security system throughout your lifetime has already been spent. That’s because Social Security is a pay-as-you-go…