The Greatest Risk to Retirement Success?

Shortfall Risk is the Greatest Risk to Retirement Success The greatest risk to retirement success? For most of us, it’s shortfall risk ‒ the chance that our savings will expire before we do. Shortfall risk typically arises from one or both of these shortcomings: (1) not taking the time and doing the work to study

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Retirement Distribution Planning

Retirement Distribution Planning May Help Minimize Your Overall Tax Expenses If you’ve diligently saved and invested throughout your working years, congratulations! You’re on your way to funding a more comfortable retirement. But when you finally do stop working, you’ll face a new challenge: Making sure that your assets last as long as possible. One way

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The Multi-Million Dollar Retirement Planning Question

With the days of company pensions faded into memory, it’s up to most of us to build and manage our own pension plans ‒ and manage the multi-million dollar retirement planning question ourselves. How much do we need? And what are the possibilities that we suffer shortfall risk – the possibility that our savings will

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For Success, Get Organized

There’s a great bumper sticker out there that reads: “Organized people are just too lazy to search for stuff.” The quip gave me a laugh when I saw it a couple of years back while sitting at a traffic light. To some of us, the idea of being organized seems humorously far-fetched – and more

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Pessimistic Survey Shows Importance of Planning

The retirement landscape is changing quickly, and it’s not a pretty picture. According to a recent survey conducted by Harris Poll on behalf of Northwestern Mutual, today’s earners expect to work longer than previous generations – and not necessarily by choice. What’s more, a strikingly large percentage of workers expect that they will never retire

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Getting to The “Right” Retirement Income Plan

Saving enough for retirement is something to be proud of.  But even if you’ve bucked the trend and amassed a good-size nest egg, it’s critical to have a sound strategy for withdrawing your money.  Living large early in retirement could cause you to run out of money in your later years, after all. On the

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Minimizing Two Key Retirement Risks

Warren Buffett has attributed much of his well-known investment success to two rules. Rule #1: Never lose money. Rule #2: Never forget Rule #1. What the Oracle of Omaha is reminding us, in a humorous way, is to keep our eye on the return of our capital, even more so than the return on our

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Paycheck Replacement is the Key Issue in Retirement Investing

For most of us, our working years are built around earning paychecks to pay for the necessities and luxuries of our life. Those checks create confidence that we’ll be able to pay the mortgage, buy groceries, go on vacations, and generally live a comfortable life. And when it comes to retirement investing, dependable income becomes

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Retirement Mistakes to Avoid

Americans have a retirement savings problem ‒ for some Baby Boomers, “crisis” is not too strong a word ‒ and it’s causing a fair amount of anxiety. Recent surveys cite statistics like these:  more than a third of all working-age adults haven’t saved any money toward retirement; 41% of folks in their 50s are not

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Planning For Your Retirement: The Home Stretch

Looking forward to retirement? If you’ve built a nice nest egg, you’ve taken care of one of the critical tasks in preparing for retirement.  But simply having significant savings doesn’t mean you’re ready to retire well. For those planning to hang ‘em up in two to three years, it’s essential to work your way through

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