Retirement Blog

Tuesday, November 29, 2011 11:48 pm
By Jennie L. Phipps · Bankrate.com

Companies that make a profit off of providing investment advice are looking hungrily for ways to persuade people involved in retirement planning to turn to them for advice. While they’d like to grab customers who are really affluent, they are also finding ways to sell their services to what is known as the Mass Affluent

» Read more
Monday, November 28, 2011 4:36 pm
By Jennie L. Phipps · Bankrate.com

The Securities and Exchange Commission has released a very straight-forward and useful guide to retirement planning scams. If you are within shouting distance of retirement, chances are you’ve been approached by someone promising you the moon. Probably, you’ve been smart enough to say no and run the other direction. But the scammers get better all

» Read more
Sunday, November 27, 2011 6:00 am
By Jennie L. Phipps · Bankrate.com

Former Speaker of the House and current Presidential hopeful Newt Gingrich created a storm last week when he suggested that young people should be allowed to bypass traditional Social Security in favor of private investment retirement accounts. Under Gingrich’s plan, the employer share of Social Security would go to pay benefits for current employees, but

» Read more
Thursday, November 24, 2011 6:00 am
By Jennie L. Phipps · Bankrate.com

I’ve given up cooking Thanksgiving dinner. My daughter is hosting. I’m making gravy because nobody else has yet mastered how to get it just right. The best thing about getting old is being able to do what you want — at least some of the time. I keep thinking about that as my husband and

» Read more
Wednesday, November 23, 2011 10:16 am
By Jennie L. Phipps · Bankrate.com

Pennsylvania retirement planner Daniel White points out this startling retirement planning calculation: He says that in 2000, the average Social Security benefit was $840 per month. To make an equivalent amount of money outside of Social Security – $10,080 per year — a saver who put his money in five-year Treasuries earning the going rate

» Read more
Tuesday, November 22, 2011 4:41 pm
By Jennie L. Phipps · Bankrate.com

As of 10 days ago, 66 percent of Fidelity Investments, more than 500,000 IRA customers, who are required by the IRS to take minimum distributions from their retirement accounts for tax year 2011 have not yet taken the full amount. About 55 percent haven’t taken any. Fidelity blames this oversight on market volatility and confusion

» Read more
Monday, November 21, 2011 3:11 pm
By Jennie L. Phipps · Bankrate.com

I took my first newspaper job 39 years ago this week — hired sight unseen by the city editor for the Sun Sentinel and now-defunct Fort Lauderdale News on the recommendation of a professor at The Ohio State University. One of my first assignments was interviewing everybody in the Fort Lauderdale area who turned 100.

» Read more
Sunday, November 20, 2011 6:00 am
By Jennie L. Phipps · Bankrate.com

Olympic Gold Medalist Wendy Boglioli, who competed in the 1976 Montreal games and won a gold and a bronze in swimming, has been a spokesperson for long-term care insurer Genworth for the last seven years. At 57, the daughter of a 91-year-old mother, Boglioli speaks from experience. Last year when I talked to Boglioli, she

» Read more
Friday, November 18, 2011 5:24 pm
By Barbara Whelehan · Bankrate.com

The financial industry seems bent on shaming Americans about their retirement readiness — or lack thereof. About a half-dozen new retirement surveys were released this week alone. Fellow retirement blogger Jennie Phipps wrote about one by Ameriprise Financial yesterday and another by Wells Fargo on Wednesday, the latter of which revealed that a quarter of

» Read more
Thursday, November 17, 2011 2:03 pm
By Jennie L. Phipps · Bankrate.com

Where you live appears to have some influence on how prepared you feel for retirement. For the second year in a row, Ameriprise Financial surveyed people in the 30 largest metropolitan areas and concluded that overall they are feeling significantly less confident about retirement than they did a year ago. The survey measured: Likelihood consumers

» Read more
Page 83 of 128« First...102030...8182838485...90100110...Last »