A lot has been written about saving and accumulating enough for retirement. But that’s only half the battle. Once you reach retirement it is important that you manage your retirement withdrawals from various accounts as tax-efficiently as possible. Taxes will likely be one of your biggest expenses in retirement. A …
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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 …
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No matter what the average retirement income 2017 data shows, one thing is for sure: many retirees today are living on remarkably little and many are sacrificing essentials to make ends meet. Where will your retirement income 2017 come from? There is some good news though. According to Fidelity’s most …
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If the Fed raises interest rates in December by a quarter-point, don’t expect to see a major boost for savings accounts and new certificates of deposit. At the moment, the most generous savings accounts are offering interest rates in the neighborhood of 1 percent, while rates on a one-year CD …
Read More »Now that the Federal Reserve has raised interest rates, retirement investors are in a quandary. In the short term, rising rates are causing the values of outstanding bonds to fall—the typical core bond fund has given up 0.8% over this past week. Further losses may be in store, since the …
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