The Real Retirement Math Is All About Cutting Spending

My Comments: Most of what we hear about getting ready for retirement is about having more money. And granted, life with more money is generally better than life with less money. But if your goal is to have a successful retirement, an equally valid approach is to also include the notion that if it costs …

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Too Many Investment Choices

My Comments: There are times when too much information simply turns our brains into mush. So it is for some people when thinking about retirement. There’s so much going on that it becomes noise, people stop paying attention, and when retirement arrives, they find themselves grossly unprepared. There’s a parallel described here by Erik Conley …

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67% of Older Americans Wish They Understood Medicare Better

My Comments: As one of the Older Americans referenced in the title above, I can attest to being in the 33% with a good understanding of Medicare. I’ve had to pay attention since I still pay a lot of money every month to make sure my wife and I can access health care when we …

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Ways To Accelerate Your Savings For Retirement

It’s all well and good for people like to me tell you to save more money. That’s great but how do you make it happen? Many people I talk with are already stretched, and when I suggest they put more money aside every paycheck, I get the evil eye. So let’s step back a minute. …

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Income Allocation vs Asset Allocation

Asset Allocation appeared as concept in the world of investment management in 1986. Three people, Gary P. Brinson, L. Randolph Hood, and Gilbert L. Beebower published groundbreaking research that demonstrated an arguably better way to manage money. Here’s the gist of what they said: “…by replacing active choices with simple asset classes worked just as …

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Many Americans Are Not Rushing to Retire, and It’s Clear Why

My Comments: From 1963, when I graduated from college, until I reached my 60’s, the prevailing assumption was that retirement started when you were 65. It was almost hard wired into how we approached this last phase of our lives, largely because for whatever reason, when Social Security began in the 1930's, that's when you …

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Relief for 40 million Americans without 401(k) plans

My Comments: Accumulating funds to be used in retirement is not easy. An incentive provided by the IRS is to allow you to set aside money today and pay income taxes on it later. Meanwhile, the theory goes, a larger amount grows to become even larger, and you find yourself in a lower tax bracket …

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