Floating out there somewhere in the vast Sargasso Sea of unexamined opinion is an idealized conception of retirement — that most Americans plan on retiring; that there will be enough money for retirement when the time comes and that it will be a fulfilling and happy time of life.No short article can hope to treat the full complexity of the subject — more about that below — but some of [...]

Paul addresses the huge decisions facing investors in the final push to meet their retirement goals, about 10 years before retirement. Cautioning against the tendency to jump from one strategy to another or be swayed by Wall Street, Paul presents 12 points for creating a solid long-term investment strategy before you retire. This evergreen recording is from the 2012 special, “Financial Fitness After 50” produced as a premium package for contributors to [...]

Until we retire we are all preretirees. So this article applies to you unless you’re already retired. However, my fundamental focus here is the mistakes people make in the last 10 years before they retire. Here’s why this is a critical time: If you’re 10 years out, or even five, you have time to do some course corrections that will make a difference — but you don’t have time to [...]

Ready to ride off into the sunset with your pension or 401(k)? Make sure you keep it plentiful — and growing. Here are some key, under-the radar tips for ways about-to-be retirees can best maximize their money and expand their finances in a solid way.Put this advice into motion before you leave your job — and look forward to some truly golden years!It's key to understand the difference between a [...]

VIRGINIA BEACH, Va. - City staffers sent a survey on Thursday to all sheriff's deputies, police officers and firefighters to get their feedback on potentially raising the mandatory retirement age.Right now, city code says those first responders have to retire at age 65. As Police Chief Jim Cervera approaches the age, city leaders are now considering upping the limit.The survey asks the group whether they support raising the age, whether [...]

There’s a dilemma facing a lot of new retirees: After saving for so long, how much are you supposed to withdraw to maintain a steady income without burning through the nest egg too quickly?While many withdrawal strategies exist, like the 4% rule, it can be tough figuring out which plan actually fits your living situation. The task can feel insurmountable when you have multiple streams of income, and you are faced [...]