Retirement Tools That Are Misunderstood Yet Useful

I’ve had an eye-opening week dealing with people’s misconceptions about retirement planning. In three situations I heard a potentially useful retirement technique attacked or dismissed. First, a reporter wanted to talk to me because she had heard so many bad things about annuities. Next, when discussing a friend’s concerns with his elderly mother’s finances, I asked if he had considered a reverse mortgage. He gave me the raised-eyebrow look and [...]

September 5th, 2019|

Is retirement bad for your health?

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 [...]

August 29th, 2019|

How to avoid the big mistakes pre-retirees make

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 [...]

August 28th, 2019|

10 mistakes nearly everyone makes when saving for retirement

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 [...]

August 27th, 2019|

Retiring? 5 ways to maximize your benefits

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 [...]

August 21st, 2019|
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