Category

Retirement Income

Are baby boomers ready for retirement?  Survey reveals expectations and readiness.

Survey Reveals Baby Boomers Expectations for Retirement

By | Baby Boomers, Retiree, Retirement, Retirement Income, Retirement Planning, Retirement Savings, Social Security | No Comments

The Insured Retirement Institute recently released the “Eighth Annual Update on the Retirement Preparedness of the Boomer Generation” and the report provides some interesting insights into baby boomers’ expectations and preparedness for retirement.  While the insight from the survey provides a valuable look into the mindset baby boomers preparing for retirement, it should be noted that the Insured Retirement Institute…

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Is there a right and wrong time to retire?

The Worst Time to Retire?

By | Investment Returns, Market Index, Retiree, Retirement, Retirement Income, Retirement Planning, Retirement Savings, Returns, Risk | No Comments

Investment News, a weekly national publication for financial advisors, recently published an article titled “Sinking At Retirement” by Greg Iacurci.  The article maintains, “Current market conditions bode horribly for near-term retirees.”  Many baby boomers, including some of our clients, are planning to retire soon.  Should pre-retirees on the verge of retirement be concerned about the impact current market conditions may…

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Where you retire matters

Where You Retire Matters

By | Retirement, Retirement Income, Retirement Planning, Retirement Savings | No Comments

The old adage of “Location, Location, Location” applies to more than just real estate apparently.  According to a report from GOBankingRates and a recent article from Bloomberg News, location can have a big impact on your retirement.  More specifically, where you live has a big impact on the health of your retirement nest egg. The GOBankingRates report analyzed and projected…

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Social Security recipients will see a very small increase in benefits in 2017.

Social Security Benefits Update

By | News and Events, Retirement Income, Social Security | No Comments

It is the classic case of “I have some good news and I have some bad news.  Which would you like to receive first?”  The good news for Social Security recipients is that there will be a cost-of-living adjustment (COLA) for the first time since 2015.  The bad news is that the COLA increase is a meager 0.3% for 2017….

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Will Your Savings Last as Long as Your Retirement?

Will You Run Out of Money During Retirement?

By | Retirement Income, Retirement Planning, Retirement Savings | No Comments

In recent years, a lot of attention has focused on the state of retirement, more specifically the risk that retirees will outlive their money.  Furthermore, in most surveys circulating about retirement today, running out of money during retirement continually tops retirees’ lists of fears and concerns. Retirees’ fears about retirement are far from unfounded as they do face many risks. …

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