Retirement Blog

Tuesday, June 14, 2011 2:23 pm
By Jennie L. Phipps · Bankrate.com

A comment posted by reader John Crowley to yesterday’s blog about managing retirement income said he thought the retirement planning estimates of what it takes to live comfortably are too high, so I contacted him and in response to my email, Crowley wrote: “I feel that many projections of what it takes to live comfortably

» Read more
Monday, June 13, 2011 4:16 pm
By Jennie L. Phipps · Bankrate.com

Along with colleagues Assistant Managing Editor Barbara Whelehan and reporters Shelly Schwartz and Sheyna Steiner, I’ve been working on a Bankrate.com project that examines retirement income. If you thought saving for retirement was hard, wait until you try taking your money out of your savings and living on it month after month. That steady pension that

» Read more
Sunday, June 12, 2011 7:00 am
By Jennie L. Phipps · Bankrate.com

Certified Estate Planner Jean Dorrell’s 85-year-old mother left her pocketbook in the car, parked 50 feet from the hairdresser. During the few minutes while she had her mind on other things, a thief broke the car window and stole her pocketbook, taking all of her credit cards and identification, including her passport. Getting things reissued

» Read more
Thursday, June 9, 2011 3:30 pm
By Jennie L. Phipps · Bankrate.com

There have been 101 reader comments so far on the retirement planning blog that I wrote last week about Congress considering ways to reduce the tax deductions associated with 40(k)s and other tax-advantaged retirement savings plans in order to reduce the deficit. Most of the people who posted have similar opinions: They want Congress to

» Read more
Wednesday, June 8, 2011 3:55 pm
By Jennie L. Phipps · Bankrate.com

When I started saving for retirement, the credit union clerk recorded it in my passbook in black ink. Today, I downloaded my first retirement savings application, or app, to my iPad (or iPhone). It’s from Vanguard and it makes managing retirement savings ridiculously convenient. The app allows Vanguard customers to: View  account balances, including those in

» Read more
Tuesday, June 7, 2011 4:16 pm
By Jennie L. Phipps · Bankrate.com

There have been many suggestions for repairing the Social Security shortfall. A report offered today by the National Academy of Social Insurance presented some new-to-me ideas: Raise FICA rate by one-twentieth of 1 percent per year over 20 years, up to 7.2 percent in 2035 — 63 percent fix. Dedicate to Social Security a revamped estate tax

» Read more
Monday, June 6, 2011 2:59 pm
By Jennie L. Phipps · Bankrate.com

Don’t let abuse disrupt your retirement or your retirement planning. Older Americans lose nearly $3 billion per year to elderly financial abuse, according to a MetLife study of the problem. Half of the crimes are perpetrated by strangers, while 34 percent of the abuse is delivered by friends and family. Exploitation by the business sector

» Read more
Sunday, June 5, 2011 7:00 am
By Jennie L. Phipps · Bankrate.com

The big retirement news last week was the announcement Friday by basketball great Shaquille O’Neal that he’s hanging up his high-tops. He made the announcement via Twitter and later asked his 36 billion followers to help give him a new retirement nickname. If you have a good idea, he says to Tweet it to #shaqname.

» Read more
Friday, June 3, 2011 3:36 pm
By Barbara Whelehan · Bankrate.com

Americans are regularly barraged by news about their retirement unpreparedness — courtesy of surveys mostly commissioned by financial firms. The usual conclusion: We need help, desperately. But rarely do we get a glimpse of how people who live in foreign lands perceive their retirement readiness. A new report from HSBC plumbs information from interviews and

» Read more
Thursday, June 2, 2011 3:45 pm
By Jennie L. Phipps · Bankrate.com

T. Rowe Price is offering a new retirement planning tool that will allow its 2 million 401(k) participants to plug in the amount of their savings and how it’s allocated to determine — based on current returns — how much money they are likely to have available to pay themselves a monthly amount at retirement.

» Read more
Page 100 of 131« First...102030...9899100101102...110120130...Last »