Retirement Blog

Thursday, March 31, 2011 3:43 pm
By Jennie L. Phipps · Bankrate.com

Projected lifetime health care costs for people retiring at 65 in 2011 declined $20,000 thanks to the changes in Medicare driven by the health care reform law signed in 2010, calculates Fidelity Investments, the nation’s largest provider of employee benefits. A reduction in out-of-pocket costs for prescription drugs made the biggest difference, Fidelity says, warning

» Read more
Wednesday, March 30, 2011 12:46 pm
By Jennie L. Phipps · Bankrate.com

I have a 101-year-old friend who lives independently and comfortably thanks to the foresight and financial acumen of her late husband, who died about 35 years ago, himself retired from a successful business career. Most of today’s women — including my friend’s 63-year-old daughter — need and want to look at retirement planning completely differently.

» Read more
Tuesday, March 29, 2011 9:41 pm
By Jennie L. Phipps · Bankrate.com

Here’s more evidence that staying the retirement savings course pays off. The National Center for Policy Analysis, a nonprofit, free-market think tank, calculated that savers who stayed the course from the bottom of the stock market in March 2009 to January 2011 saw a 77 percent increase in their money. In March 2009 alone, the

» Read more
Monday, March 28, 2011 2:40 pm
By Jennie L. Phipps · Bankrate.com

Baby boomers are changing the way they think about retirement, and in the process, driving the nation’s economy down a revised path. Federal Reserve Bank of Richmond Gov. Elizabeth Duke in a speech last week to economists shared some new information gathered by the Fed about how pre-retirees have been affected by the economic meltdown

» Read more
Sunday, March 27, 2011 10:00 am
By Jennie L. Phipps · Bankrate.com

I went to a conference this week for people who work in what’s known as “custom content.” Not very long ago that was called advertising, but in this era of Facebook, YouTube and Twitter, lots of old things get new names. I hadn’t been to a professional conference in a long time, and it surprised me

» Read more
Friday, March 25, 2011 3:32 pm
By Barbara Whelehan · Bankrate.com

Not too long ago, if you had a job at the post office, you took job security for granted. But yesterday the postmaster general announced layoffs for 7,500 positions. Those who are age 50 with 20 years of service are eligible for early retirement packages — $20,000 to be paid out over two years. A

» Read more
Thursday, March 24, 2011 12:41 pm
By Jennie L. Phipps · Bankrate.com

Does your financial adviser see your retirement investments in the same way you do? If he or she doesn’t, join the club. MFS Investment Management surveyed its advisers separately from customers and concluded that there were substantial differences in the way the two groups viewed even the basics of investing. Twenty percent of advisers think a

» Read more
Wednesday, March 23, 2011 4:39 pm
By Jennie L. Phipps · Bankrate.com

Since most private employers traded in traditional defined benefit pension plans in favor of do-it-yourself 401(k)s, the big losers have been employees who aren’t investment gurus and can’t be expected to be. In the last couple of years, after the economic meltdown in 2008 and 2009 made that infinitely clear, there have been calls from

» Read more
Tuesday, March 22, 2011 2:13 pm
By Jennie L. Phipps · Bankrate.com

Health savings account can be a retirement planning boon. If you don’t have health insurance at work and you’re not old enough to qualify for Medicare, take a look at high-deductible health insurance plans that include a health savings account. Generally, the premiums on these are as modest as health insurance premiums get for people

» Read more
Monday, March 21, 2011 2:01 pm
By Jennie L. Phipps · Bankrate.com

My husband and I have been interviewing financial advisers. We were just about to make a decision when we ran the names of the two top contenders through FINRA BrokerCheck. FINRA is an acronym for the Financial Industry Regulatory Authority, a voluntary association that oversees about 630,820 registered securities representatives. Anyone can use BrokerCheck to

» Read more
Page 99 of 124« First...102030...979899100101...110120...Last »