We all may have theoretical ideas about how retirement should go, but practical decisions, such as when to apply for Social Security benefits and how to arrange investments so they’ll last for a lifetime, will determine whether we are successful when the time comes.
In this package, Bankrate presents stories focused on pragmatic strategies to help you manage income in retirement. “Avoid wrecks” cites academic studies that reveal how to achieve portfolio success and prevent failure. It’s a must-read. Another story showcases the advice of three experts as they help plan the income for a prototypical couple with $260,000 saved in their retirement plans. And did you know that when and how you apply for Social Security benefits — beyond what you’ll find on the Social Security website — can make a big difference in how much income you’ll collect in your lifetime? These and other stories help you navigate around all the potholes on the road to retirement.
Avoid wrecks to your retirement portfolio
Engineer your portfolio for success so you don’t outlast your money.
Boomers ready to retire
Three advisers offer different options to help a typical couple maximize their resources.
Making the most of Social Security income
The way to get the best deal from Social Security requires careful computer analysis.
7 financial risks of retirement
The market is just one thing that can wreak havoc on your retirement savings.
5 fixed-income bear-market strategies
If the market heads south, put a contingency plan in place to successfully manage retirement income.
The best-laid retirement plans can fall short unless risks are managed.
Annuities for retirement income
Leslie Corcoran, CFP, discusses using immediate annuities for retirement income.
Mutual funds for retirement income
Thinking of using mutual funds for retirement income? Leslie Corcoran, CFP discusses how.
Managed payout funds for retirement income
A Certified Financial Planner discusses how managed payout mutual funds can be used for retirement income.
Reverse mortgage for retirement income
Reverse mortgages can be used for retirement income. Are they right for you?