Planning Retirement

Nine in 10 older Americans want to remain in their own homes as they get older. But most people aren’t planning ahead when it comes to making sure their houses are equipped to provide their desired lifestyle in retirement, research shows. In fact, while 96% of Americans age 50 to …

Up until a few years ago, early retirement was the goal of many older Americans. However, this trend seems to have peaked. What is an Early Retirement? There is no official measure of “early retirement.”  Retirement is a word that has come to mean many different things to many different …

While there are lots of benefits to marriage, if you are a woman or you are married to one, you face a a huge retirement disadvantage — a significantly steeper climb toward having adequate retirement savings. A new study from TIAA estimates that in order for two recent college grads …

Social Security 2017: You might want to keep your eye on the money. While President Trump promised on the campaign trail that Social Security would not change if he achieved victory, many pundits are worried that this is one promise he will not be able to keep. Most experts have …

You are probably worried that you have not saved enough for retirement and the the #1 piece of advice from most financial experts is to tell you to Save More! What if I tell you that this focus on savings has it all wrong? There is something MUCH more effective …

Nearly half of retirement savers are worried they are having to take more risks with their pension planning because of the shrinking options for guaranteeing an income in retirement, new research shows. According to MetLife, 45% of retirement savers fear they have to take more risks because of a lack …

You probably intended to save more for retirement than you actually did.  Maybe you  have a 401k or an IRA.  Maybe you don’t.  The reality is that whatever savings you have scrimped together, it is probably not enough to pay for your golden years. Feeling the pinch?  You are not …

Jumbo reverse mortgages – also known as proprietary reverse mortgages – are loans designed and offered by financial institutions that enable owners of high-value homes to access greater amounts of their home equity than is available from the government insured HECM reverse mortgages.  Unlike the standard HECM reverse mortgage, jumbo …

The transition to retirement is exciting and scary.  Like all big events — graduations, relocations, marriage, childbirth and more — life will never be the same again.To make your planning for this transformation easier, here is advice from retirement and personal finance experts. Go for Risk and Reward You have …

If you are worried about running out of money in retirement, you are not alone.  Running out of money is the main concern of most people in or approaching retirement.And, there is VERY good reason to be concerned — VERY concerned. Most of us do not have enough money for …