Sometimes it’s hard to envision how much, if any, saving an extra $50 or $100 regularly for retirement really benefits you. So to help motivate you to save more and save often, here’s a simple illustration showing about a 2:1 … Continue reading
If you are already retired (or will retire soon), are you ready for your new job in retirement? I’m talking about you being your family’s retirement income manager. You see, if you’re like many Americans nowadays, this will be your … Continue reading
Many working Americans expect to work, at least to some degree, in retirement. That’s one conclusion from a recent Aegon global survey of working and retired individuals. In that survey, over 70% of current American workers expect to continue working … Continue reading
One of the main risks retirees face is the possibility of outliving their retirement resources. One way to address this problem is by creating lifetime retirement income, typically in one of three ways: Social Security, an immediate annuity, or a … Continue reading
As you approach retirement, if you’re like many soon-to-be retirees mentioned in various surveys, you have a big question to answer: how will you convert your retirement savings into lifetime income? In other words, you’re transitioning from the “savings phase” … Continue reading
How you invest your money during retirement will affect your feelings about your “success” in retirement. Diversification, the idea of investing in different types of assets (like stocks, bonds and cash), always pays off in the long run. With many … Continue reading
A Hassle-Free, Well-Balanced Investment Strategy for: IRA Investors 401k and 403b Savers Retirees Who Need Retirement Income ©2012 Integrity Financial Planning. All rights reserved. http://www.integrityplanner.com The 4 × 14 Retirement Portfolio™ One of the most important decisions … Continue reading
Here’s a link to a thoughtful piece from the Society of Actuaries helping all of us think through a major decision: when to retire. When Should I Retire The examples in the article include illustrations of the use of an immediate … Continue reading
Imagine preparing for the perfect retirement: what does that retirement readiness process look like to you? How will your retirement savings grow? How will your work-life adjust? How will your hobbies and interests change in relation to your work? How … Continue reading
“Make good choices!” That was Jamie Lee Curtis character’s advice to her high-school daughter (Lindsay Lohan) in the very funny movie Freaky Friday. That same advice is sooo true for our retirement decisions, particularly around age 50. Research indicates our … Continue reading
Maximizing Retirement Readiness 