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Tag: Retirement
These are the top 10 mistakes people make when planning for retirement
We all make mistakes in planning for our golden years. But which are the worst, which are the most common, and which ones do we all need to watch out Read more
This 82-year-old has found his true calling in retirement: Moose
Butch Phillips, an 82-year-old member of the Penobscot Nation, etches 18-inch long moose call horns from birch bark he harvests off tribal land. While some moose calls he gives away Read more
Opinion: You can’t rely on Social Security to fund your retirement — it’s time to rethink your retirement savings strategy
Following a period of record inflation, Social Security’s latest cost of living adjustment (COLA) means retirees will see the biggest bump to their benefits checks in 40 years. While this Read more
How to get a guaranteed retirement spending rate of 4.3%
Stop the presses! The 4% spending rule may be alive after all—at least for now. I’m referring to the famous research from William Bengen in 1994 that focused on how Read more
Pension problems, caregiver burnout, saying ‘no’ to nursing homes and more retirement news
From MarketWatch Retirement: Here’s why you should be worried about state and local pensions. About 26 million people are relying on state and local pension plans to take care of Read more
Here’s why you should be worried about state and local pensions
America, about 26 million people across America are relying on state and local pension plans to take care of them in their retirement years. That figure includes 15 million retired Read more
I want to move to Florida to be near my grandchildren. My daughter wants me to build a $150,000 addition to her house. Should I do it?
I live in the Chicago area and have recently retired. My daughter and her husband live in Florida. My wife and I thought about getting a condo in Florida so Read more
Don’t go into retirement with a mess–organize your retirement accounts
After decades of hard work, retirement can be a blissful time, but without a little organization, it can also be overwhelming. Retirement Tip of the Week: Before you get too Read more
News and analysis for those planning for or living in retirement
The long-term-care system is broken. How can we fix it? Dramatically improving the pay and status of direct care workers may be a good place to start. Move over, Florida Read more