7 Surprisingly Valuable Assets for a Happy Retirement

Retirement planning is all about numbers. It centers around one question: Do my financial assets — pension, 401(k)s/IRAs, Social Security, property, sale of a business, etc. — provide enough income to fund my desired retirement lifestyle? At least, that is what most people think. But ask any retiree, and they will likely tell you that it is only half the story. You’ll need enough money to get by, of course, [...]

August 5th, 2020|

Digital Investing Tools That Target Retirees

Digital investing, once a playground mostly for younger investors, is no longer just for the young, but also for the young at heart. For the past decade or so, digital investing has broadly been thought of as a way for Millennials and other investor newbies to access low-cost advice and investment management services. Generally speaking, fintech players have paid less attention to older investors, partly due to the perception that [...]

August 4th, 2020|

Social Security spousal benefits: Here’s what spouses can get

Social Security provides benefits not only to retired workers but also to spouses who have not contributed to the program. Spouses are one of the many beneficiaries of Social Security, and even ex-spouses can claim a payout from the program in some circumstances. When you apply for Social Security, you automatically apply for the greater of your benefit or half your spouse’s benefit. The average monthly payout for all retired workers was [...]

August 3rd, 2020|

Where To Live In Life’s Third Age

In our last post, we discussed the wide variety of retirees’ circumstances, preferences, and styles. A domain in which they enjoy an increasing variety of options is where they call home. One of the many rewards that comes with maturity and retirement is having new freedom to choose what kind of home to occupy and where to live. About 70% of people in their 30s and 40s say that where they [...]

July 31st, 2020|

Making Retirement Plans? 4 Crucial Expenses to Consider

Retirement planning can't be all about saving enough to see the world and spoil your grandkids, although you'll certainly want to make sure you have the cash to do those things. The reality is that seniors continue to face a lot of expenses after leaving the working world. Unfortunately, many people forget to factor in some of the most costly and important ones when setting savings goals. Whether you're decades [...]

July 30th, 2020|