Election Day is Tuesday, Nov. 5, and the uncertainty can present pitfalls for investors. “There are a lot of emotions involved,” says Dan Lefkovitz, a strategist with Morningstar Indexes ...
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Many people in their 50s are part of the so-called “sandwich generation” of workers who support both young relatives and aging parents. Roughly 5 million U.S. households ...
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Key Takeaways: Inflation has long-term impacts on retirees’ purchasing power. Higher inflation has forced retirees to take larger withdrawals, increasing the risk of outliving savings. Becoming a millionaire ...
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Key Takeaways Sources of retirement income include Social Security, retirement accounts, pensions, dividends and employment wages. Retirees can expect to spend 70% to 80% of their pre-retirement income ...
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At one time, political disagreements were just that — disagreements. It wasn’t uncommon for political talk to make its way into conversation at Thanksgiving dinner, and when someone ...
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Until recently, I’ve never been enamored with the notion of living a longer-than-average lifespan. Perhaps this is because my primary observation was that old age didn’t look all ...
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Annuities are better bargains if you purchase them right before interest rates decline. But if you’re worried that inflation could climb significantly higher, they may still be a ...
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The financial services industry has made a major effort to help Americans plan for a financially secure retirement. But the industry must do more to help Americans plan ...
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Comments Off on The human side of retirement: Moving beyond the numbers
A new glimpse into how middle-class people in the U.S. think about retirement is revealing some startling views about how long they expect to live and to work. ...
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Comments Off on MoneyWatch The new middle-class retirement plan: Working into old age
Given that most Americans retire by age 64, some may wonder why these men — or perhaps any number of elderly business leaders — didn’t retire long ago. In ...
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