From MarketWatch:
Scared of stocks? Most investors are too conservative with their retirement plans: With market volatility, it’s understandable why some Americans are hesitant to put their money into equities – but those assets play a vital role in the portfolio’s growth over time.
Older workers are getting raises – but it’s not enough: Inflation is killing the pay increases older workers get, but the wage growth gap between highest- and lowest-paid workers is narrowing.
Do you know the things Medicare doesn’t cover, and will you be able to afford them?: There are a few key health expenses Medicare does not pay for, which makes saving and planning for medical bills all the more important.
Also on MarketWatch:
There’s more to the stock market than the S&P 500 – try these simple time-tested strategies
Will the real Medicare Advantage please stand up?
Here’s how much the value of your Social Security check is likely to go up next year
Worried about your investment losses? 4 reasons to keep your cool
Men over 50: Here are a few things you can be doing to take better care of your health
From working life to FIRE life in 3 steps: Follow the ‘Cashing Out’ couple’s road map to early retirement
Getting married after 50? Read this before merging money with your mate
More in retirement news:
New rules for rollover retirement accounts take effect July 1 (Barron’s)
How to retire alone (U.S. News Money)
The 10 best places to retire in the U.S., from Denver to Charleston (Conde Nast Traveler)
Partial retirement: What is it? Is it a good idea for you? (USA Today)
An active retirement on the Appalachian Trail (Forbes)
Alabama teacher raises cause some to cancel retirement plans (AL.com)
Lessons learned by a psychiatrist from his so-called retirement (Psychiatric Times)
Research and Insight:
Millennials are spending more time planning for vacation than retirement. That might be a good thing (Yahoo Finance)
In what order should you tap your retirement funds? (Kiplinger)
IRA Rollovers cost Americans billions in extra fees, study finds – here’s how to protect your retirement savings (GOBankingRates)
E*TRADE from Morgan Stanley study reveals education costs are a leading reason young investors dip into retirement savings (BusinessWire)
The many facets of retirement inequality (Center for Retirement Research at Boston College)
To share with your family, friends and clients:
Seniors head back to retirement communities as COVID lingers – ‘I just didn’t want to be alone’
From FDR to Clinton: A history of gay politics in Washington, D.C. and why the anti-gay purge endured
The next SECURE Act: These proposals are supposed to help solve the retirement crisis, but what’s missing?
Why Congress’ new retirement reforms aren’t all they’re cracked up to be
Social Security is valuable and needs attention sooner rather than later
Here’s how much the average working boomer has saved for retirement
This Ecuadorean city in the Andes has perfect weather – and you can retire there for as little as $1,500 a month Are Social Security COLAs applied if I delay benefits? And other claiming concerns
