16% of High-Earning Older Americans Are Making This Major Retirement-Planning Mistake

Though not every worker has access to a 401(k) plan, those who are eligible to participate in one would be wise to capitalize on that option -- especially as retirement nears. But in a recent survey by Principal Financial Group, roughly 16% of pre-retirees earning $100,000 or more per year are not participating in a 401(k). And that's a mistake they might really regret. Personal savings are a must for [...]

March 12th, 2020|

16% of High-Earning Older Americans Are Making This Major Retirement-Planning Mistake

Though not every worker has access to a 401(k) plan, those who are eligible to participate in one would be wise to capitalize on that option -- especially as retirement nears. But in a recent survey by Principal Financial Group, roughly 16% of pre-retirees earning $100,000 or more per year are not participating in a 401(k). And that's a mistake they might really regret. Personal savings are a must for [...]

March 10th, 2020|

Women’s retirement prospects are improving, but not enough

When it comes to retirement, it’s no secret that women face an uphill battle financially. And while women’s retirement readiness is improving, there’s room for much more, according to new research from the Aegon Center for Longevity and Retirement. Women around the world share the same three career challenges: a gender pay gap, time away from their careers, often due to caregiving responsibilities, and a lack of compensation for those [...]

March 9th, 2020|

Orlando Police Officer Who Suffered PTSD After Pulse Massacre Granted Retirement, Pension

ORLANDO, Florida — Police pension board members voted unanimously Thursday to grant disability retirement and a lifelong pension to Orlando police Officer Alison Clarke, who developed post-traumatic stress disorder following the Pulse massacre. Clarke cried as she embraced her wife and friends after the hearing. Clarke’s wife, fellow OPD officer Kate Graumann, let out a deep breath as tears welled in her eyes after the vote. “Now I feel like [...]

March 6th, 2020|

7 Steps to Becoming a Retirement Millionaire

Becoming a millionaire is totally possible. Yes, even if you aren't making six figures a year. The bad news is, it might not happen until you hit retirement, and even then, it'll only happen if you plan diligently throughout your working life. But don't let that dampen your spirits. The road to becoming a retirement millionaire might not be easy, but it is pretty straightforward. As long as you follow [...]

March 4th, 2020|

4 Retirement Questions to Ask Before ‘How Much Should I Save?’

One of the most common questions we get from our clients is, "How much do I need to save to retire?" SEE ALSO: 6 Steps to Finding Your Second Act in Retirement To answer this question, we recommend focusing first on a few mostly non-financial questions designed to help you picture what "retirement" means to you. Starting with these questions can help make the financial planning process less intimidating and more [...]

February 20th, 2020|