Retirement planning is figuring out how much money you will need to have saved up when you retire so that you can live comfortably. It involves estimating how long you will live and how much money you will need each year to cover your expenses.
Learn more about retirement planning from our financial advisors below.
“Transitioning from saver to spender can be a disconcerting shift for many seniors. A more systematic approach to spend-down can help.” Robert Cannon Transitioning from being a saver in the. . .
It’s more or less a given that the asset allocation of a person’s retirement portfolio should evolve as they age. Many advisors use the glide path formula to achieve the. . .
Every night on the nightly news, it seems there is bad news about retirement plans, especially 401(k)s. The US Department of Labor has established new rules about the fees, disclosures,. . .
“Deferred income annuities have a proven track record of helping seniors guard against longevity risk in retirement. A DIA allows you to create a stream of predictable, tax-advantaged income that. . .
In 1994, amateur economist and investment manager William P. Bengen wrote his famous thesis about withdrawal rates from accumulated funds in calculating retirement income. Here is the link:retailinvestor.org Over the. . .
For several years I worked as a volunteer for the local food bank. It supplied those in need with weekly baskets of food and other necessities of life. It was. . .
A recent report about retirement confidence from the Employee Benefit Research Institute found widespread concern over the future, the future in retirement income, the future of social security, and the. . .
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“If you’re approaching retirement and have a low risk tolerance, a capital preservation strategy may be your best option.”- Jeff Kennedy People who are approaching retirement or are already retired. . .
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