June 28, 2012 in Money, Money RSS, Money Tips, Retirement Planning
Planning for retirement is crucial for everyone, and it is especially critical for small business owners, the business leaders many cite as the life blood of the American economy. Indeed, according to the U.S. Small Business Administration, small business owners employ half of all private sector employees, pay 44 percent of total U.S. private payroll, ...
June 12, 2012 in Financial Services, Health, Health Care Reform, Health Insurance, Insurance, Medicaid, Medicare, Money, Retirement Planning, Social Security
Most people don’t think they’ll ever suffer a life-altering disability. However, a 20-year-old worker has about a three in 10 chance of suffering a disability before reaching retirement age, according to the Social Security Administration. As people’s age increases, so does the likelihood of a disability forcing them out of the labor market. The average ...
May 8, 2012 in Budgets & Savings, Featured, Money, Retirement Planning
The age the typical worker expects to retire is no longer 65. For the first time this year, Americans expect to retire at an average age of 67, up from 66 in 2011, according to a recent Gallup poll of 1,016 adults. The average expected retirement age and been gradually increasing over the past seventeen ...
March 24, 2012 in Estate Planning, Living, Living Green, Money, Money Tips, Retirement Planning
There are plenty of reasons to rejoice about retirement – more time to spend with your family, the ability to travel more and the opportunity to pursue your true passions. And today’s retirees can also appreciate the fact that on average, people continue to outlive previous generations. Most people enjoy retirement even more than they ...
August 10, 2011 in Estate Planning, Health, Health Tips, Living, Money, Retirement Planning
While living to the age of 90 was once a rare feat, it is becoming increasingly common. You may be surprised to learn that the fastest growing demographic in the country is people over the age of 85. According to the latest life insurance mortality tables, 38 percent of men and half of women age ...
May 15, 2011 in Budgets & Savings, Financial Services, Money, Money Tips, Retirement Planning
Social Security is the first place to look when figuring how much money you need to retire. Why? Your retirement savings needs are largely determined by how much you spend less the amount of income provided by Social Security and pensions. For example, if you plan to spend $30,000 per year in retirement with your ...
May 1, 2010 in Estate Planning, Retirement Planning
When it comes to major lifestyle changes, planning ahead can ease financial stress. And no event requires more early preparation than retirement. According to experts, retirees should give plenty of thought to matters such as health coverage and seek a combination of income and asset protection to ensure their savings will last throughout retirement. John ...
April 12, 2010 in Investing, Retirement Planning
IRAs (individual retirement accounts) have long been a staple of retirement saving, and this year, the Internal Revenue Service (IRS) introduced a new rule that makes Roth IRAs available to more investors....
March 29, 2010 in Retirement Planning
If you're concerned about your ability to retire, you're not alone. Gallup's 2009 annual Economy and Personal Finance survey showed that most non-retired Americans, (52 percent), doubt they will have enough money to live comfortably once they retire....
March 4, 2010 in Budgets & Savings, Retirement Planning
With the population aging and over 4000 people a day being forced to take IRA distributions (such distributions are mandatory by April 1 after reaching age 70 1/2), mistakes in taking IRA distributions can total in the billions. Yet, because people have had no prior experience, mistakes are rampant. Below are are 4 common IRA ...
