Tag: Post Retirement

Part of what makes universal retirement planning advice hard to apply is that consumption datasets are inherently noisy, and “savings is the flip side of consumption.”

The American Institute for Economic Research has created a new retirement withdrawal calculator.

Plans to retire later may not pan out, and workers may not realize what competing financial priorities they will have in retirement.

Gen X’s second-biggest obstacle is saving for their children’s education.

EBRI research shows households do, on average, spend less once they reach retirement, “but not all households, and not in the same ways.”

Lower account balances, longer life expectancy and not working with an adviser can wreak havoc on a woman’s Social Security benefit. 

Establishing realistic expectations about life expectancy and the amount of money needed is key to a successful plan for retirement.

About two-thirds surveyed believe they will need less than $1 million in today’s dollars in order to retire, or aren’t sure how much they will need.

Just 20% of those who have retired say they’ve saved enough.

Health care expenses in retirement was the fastest-growing savings objective in a regular survey of employees.

But only three in 10 have addressed the issue.

Kiplinger’s tax map shows the importance of location, location, location for retirees.

There is a concept in biology called punctuated equilibrium, in which long periods of stability are interrupted, rapidly and unpredictably, by meaningful change. It’s an apt metaphor for...

Individuals with high prescription drug costs need to save substantially more for retirement than others.

Retirement is a matter of when, not how much, for most people.

They say savings should determine when to retire.

Generation Y expects to work until they die, “so why bother saving in a retirement plan.”