• Money
  • Planning to Retire

Planning to Retire

March 2009


Retirement Often Happens Unexpectedly

By |

We like to think that if we plan and save throughout our working lives, a secure retirement is within reach. But retirement often happens unexpectedly. A lay off, health problem, or the illness of a relative can derail retirement plans in an instant.

Few people make it to age 40 without a sudden ...

Read More

TAGS:
retirement

AARP Suspends 401(k) Match

By |

AARP, a giant advocacy group representing the interests of older Americans that used to be called the American Association of Retired Persons, suspended its 401(k) match, effective this week. Employer contributions will be eliminated for at least for the remainder of this year. AARP is one of over ...

Read More

TAGS:
retirement

How to Increase Your Retirement Income

By |

Some retirees are trying to come up with a way to recoup last year’s investment losses. Bonds are an attractive choice for retirees because they’re less risky than stocks while still providing higher returns than CDs. Government bonds provide the most security, but also generally the lowest ...

Read More

TAGS:
retirement

Edging Out the Baby Boomers

By |

The sheer size of the baby boomer generation made them a group to be watched and analyzed. More children were born in 1957, the peak of the postwar baby boom, than in any other year recorded-- until now.

Approximately 4.3 million children were born in 2007, the highest number of births ever ...

Read More

TAGS:
retirement
baby boomers

A Free Loan From Social Security

By |

A little-known law allows Social Security recipients who are already collecting benefits to change their mind and start over. An individual can claim Social Security at age 62 and then reclaim again for an enhanced payout at age 70, provided he or she pays back every cent already received. No ...

Read More

TAGS:
retirement
social security

Baby Boomers are Changing Their Retirement Plans

By |

Do you remember 2007? Baby boomers, although they were never prolific savers, were optimistic about their retirement prospects. The stock market was trending upward nicely and home values were inflating fast. Baby boomers have certainly changed their retirement plans since then.

The MetLife Mature ...

Read More

TAGS:
retirement

How Much Should Retirees Allocate to Equities?

By |

It’s common investing wisdom that you should reduce your exposure to equities as you age and gradually move your nest egg into less risky investments. But experts disagree about exactly how conservative your portfolio should be in retirement. Retirees need growth because they could live 20 or even ...

Read More

TAGS:
retirement

Putting Faith But Not Money in Stocks

By |

It’s easy to pay lip service to stocks being a good long-term investment, but few investors plan to actually buy them during a month when the Dow Jones Industrial Average plunged below 7,000. About half of Americans (53 percent) and 67 percent of stock owners agree that stocks remain a sound ...

Read More

TAGS:
retirement

Older Americans Worry Least About Money

By |

One might think that retirees and baby boomers rapidly approaching retirement age might worry about money more than younger people. Retirees whose nest eggs lost value have no added income to help recoup their losses. And baby boomers who originally planned to retire soon will have little choice ...

Read More

TAGS:
retirement