When it comes to retirement planning, you may have heard a lot about the benefits of tax-advantaged retirement accounts, how to choose investments, and maybe some of the details of any pension plans that you’re fortunate enough to have. But what about Social Security? After all, it provides the majority of retirement income for many
Retirement
Getty On twitter, I joked that I was drafting an article I was tempted to call, “Beating a Dead Horse Into The Ground: More Historical Context On Pensions Than Any Reader Is Remotely Likely To be Interested In.” But — I’m sorry to disappoint you — I suspect this will not be the last time
Getty Today we’re going to talk about the biggest threat to your portfolio (and dividends!) you face in 2020. It’s not a recession. It’s a near-irresistible human impulse—purposely amped up by the financial press—that could lock in big losses for you, or cause you to miss out on a huge gain, like the 486%+ some
Esther Meyers, right, shows a photograph of her then–teenage mother Rachel Kane to her to jog her … [+] memory as her twin sister Sarah Schultz looks on.(Photo by Brian VanderBrug/Los Angeles Times via Getty Images) Los Angeles Times via Getty Images Family members and friends are the bedrock of our system of personal care
In 2003, Zvi Bodie and Michael J. Clowes published the book Worry-Free Investing: A Safe Approach to Achieving Your Lifetime Financial Goals, in which they argued that typical retirement-oriented investors should rely primarily on TIPS for their retirement savings. Of course, other financial assets should be included in retirement portfolios, but, they said, only once
Retirees are sacrificing their own retirement savings in order to help their adult children … [+] financially. Getty Are You Supporting Your Adult Children While Endangering Your Own Financial Security? As an 80-year-old widower I’ll call “Fred” told me, some parents may derive pleasure in helping adult children financially, especially if the children chose careers
Side view portrait of smiling senior woman sitting on couch with her dog and reading book while … [+] enjoying weekend at home, copy space Getty I wrote about the importance of pets to older adults back in 2018, but this is a topic that is timeless and grows in importance every day as more
Exit Getty A look at certain statutes with unintended consequences. “Ageism in the Workplace” is the cover feature of the February 2020 AARP Bulletin. Tales are told of older workers mistreated or axed, and of their sometimes victorious lawsuits. One must feel some pity for winners of age discrimination lawsuits. What prospective employer would ever
Getty The start of a new year is when many of us ask ourselves what lies ahead personally, professionally and financially. We happily hang a colorful 2020 calendar, jot down birthdays, upcoming vacations, and other future events. My guess is, however, you don’t mark down personal finance events and deadlines there. Big mistake. For your
©m.mphoto – stock.adobe.com It could say a lot about the state of the bull market The S&P 500 Index and the Dow Jones Industrial Average are two of the most widely-followed stock market indexes. And, while they have some very clear differences in their DNA, they tend to perform in sync much of the time.