One way to ensure that you won’t outlive your money is to put an increasing amount in annuities as you age.
Relaxed long-term care regulations could make a big difference for couples relying on Medicaid.
Make disaster recovery part of your retirement planning.
Here are seven things the government could do to increase retirement security.
Sen. Orrin Hatch proposes a bill that would turn public pensions into private annuities.
Buying an annuity can be costly, but there are situations where choosing them is a good idea.
It’s Monday, folks. Time to snap back to reality!
The odds in favor of longevity are improving. Here are three steps to ensure you will have enough money to live the good life for a long time.
Retirees want three things from their retirement income: A very low risk of outliving their money. Predictable, consistent availability of income. Enough liquidity that they feel flexible enough to pay for emergencies — or splurges. But as the Rolling Stones sang, “You can’t always get what you want. But if you try sometimes, well, you
How do you achieve retirement security in a time of uncertainty? It feels hard to do even rudimentary retirement planning when you don’t know how much money you’ll have to work with or how much it will take to continue to live comfortably when you’re not working.
Doug Carey, owner and principal of the retirement planning firm WealthTrace, published a piece this morning on SeekingAlpha.com that analyzed a 50-year-old couple’s financial situation. He concluded that if they put half their $500,000 retirement savings in equities and half in short-term Treasury bonds, by age 60, when they hope to retire, the money will have grown to $665,000, given a realistic 6 percent return on equities and 2 percent return on Treasuries.