Category

Retirement

Health-care-costs are projected to rise at 6% clip.

Health-Care Costs Rise Again

By | Health Care, Retiree, Retirement | No Comments

Health-care costs for retirees are on the rise again, a new study from Fidelity Investments reports.  According to the Fidelity study released in August, a 65-year-old couple retiring in 2017 will need $275,000 to cover health-care costs during their retirement years.  This cost is 6% higher than it was in Fidelity’s 2016 report. The 6% cost increase corroborates findings by…

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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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Are Americans Facing a Retirement Crisis?

Are Americans Facing a Retirement Crisis?

By | Education, Investing Lessons, Retirement, Retirement Planning, Retirement Savings, Social Security | No Comments

Are Americans facing a retirement savings crisis?  The answer to that question depends on who you ask, and perhaps that individual’s prospects for retirement.  The Wall Street Journal recently asked two prominent economists if Americans were facing a retirement savings crisis.  Alicia Munnell, director of Boston College’s Center for Retirement Research and Andrew Biggs, resident scholar at the nonprofit American…

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