Thanks to today’s advanced research and new innovations, it’s more than possible for us to live longer, stronger and healthier lives. While life expectancy in the U.S. dropped one full year during the first half of 2020, according to a CDC report, much of that was attributed to the pandemic. Prior to Covid, however, life expectancy in the U.S. was 78.8 years in 2019, up a tenth of a year over 2018. As a longevity [...]

It's easy to think of retirement as a period of life when work is off the table. But these days, a growing number of workers are planning to hold down some type of job once their primary careers come to a close. A good 57% of workers today said they'll earn money in some capacity once they retire, according to the 21st Annual Transamerica Retirement Survey. And Gen Xers and millennials are [...]

Whether you are just starting out with your first job and apartment, or entering the later stages of your working life, there is no wrong time to plan for retirement. For Millennials and Generation Z, saving may seem less important, but don't discount its importance. "Even though retirement is decades away, acting now can lead to better financial security throughout your entire life," says Mark Wernig, CFP®, Lead Advisor and [...]

Because inflation erodes purchasing power, it’s painful for just about everyone. But it can be especially challenging if you’re a retiree whose budget is based on a fixed income. Remember: Retirees can’t count on getting pay raises the way those who are still working typically can. In retirement, you’re creating your own “paycheck” — usually from Social Security benefits; maybe a pension or two; and your savings, investment and retirement [...]

When we think of retirement, most of us think of accumulating a large sum of money and then spending it down gradually. One of the best insurance policies to prevent spending all of your money is to have numerous sources of income in retirement. As you'll see, even small amounts of retirement income can go an incredibly long way in making sure you have enough to last you the rest of your [...]

The internet can be quite a useful yet massively confusing place. Searching for instructional videos on saving for retirement with an Individual Retirement Account (IRA) generates more than 450,000 hits. That is a lot of information. It is also way too much information for people who have regular jobs as hair dressers, dentists, home care aides, restaurant attendants and wedding planners, among millions of others. Yet, many of these workers [...]