by Jeff Helms, CFA Over the next twenty years, roughly 79 million Americans will cross the threshold to retirement, joining the millions of folks that are already retired. Welcome to what we call “Generation R”. The Retirement Generation. In my years of retirement research, I’ve identified five common risks that all retirees face. These …
Home Sharing in Retirement
A viable option for comfortable living In 2008, the United States witnessed the largest group of individuals in history become eligible for retirement. Approximately 25 percent of those individuals will rely entirely on social security benefits for their retirement income. Additionally, this same group of people will be living below …
Will 401K’s still work?
After the recent turbulence in the financial markets experts are questioning the impact to our 401K’s. Back in the 1980’s, the majority of workers enrolled in some type of retirement plan or were in a pension plan. Today, the majority are in a 401K. With the 401K’s being so tied to the stock market, Americans young and old have felt the pain of …
Let’s Talk Retirement Plans
As a Boomer, you've spent many years working hard to improve yourself and your lifestyle. But, how financially prepared are you for retirement? The answers to this question will range from, "very prepared" to, "I'm never going to make it." If you are still in the workforce, even part-time, knowing your retirement plan intimately can go a long way …
Retirement, Financial Planning and Where We’re Headed
In this news item courtesy of Red Orbit, Anna Rappaport, FSA, MAAA, chair of the Society of Actuaries' Committee on Post-Retirement Needs and Risks, takes a long, hard look at the concept of retirement. Spanning more years than it has in generations before, many are opting for staggered retirements, where they leave the working world over time and …