• Money
  • Planning to Retire

Planning to Retire

January 2011


6 Ways to Measure the Success of a 401(k) Plan

By |

When companies set out to measure how successful their 401(k) plan is, they generally don’t do it based on how comfortably their former employees are supporting themselves in retirement. Instead, employers evaluate how many employees use the plan and whether the benefits offered are competitive ...

Read More

TAGS:
retirement

9 Retirement Benefit Changes Coming in 2011

By |

Many employers are planning to tweak their retirement benefits this year. Nearly 70 percent of firms plan to review their 401(k) and pension programs and potentially make changes in 2011, according to an Aon Hewitt survey of 210 companies employing 6.2 million workers. Here is how employers are ...

Read More

TAGS:
retirement

5 Reasons Older Workers are Delaying Retirement

By |

Many workers age 60 and older say they are not ready to retire. A recent CareerBuilder and Harris Interactive survey of 536 full-time employees in the private-sector who are age 60 and older found that 65 percent plan to delay retirement, down from 72 percent last year. Here is why these older ...

Read More

TAGS:
retirement

Workers Prefer Higher Taxes to Entitlement Cuts

By |

When given a choice between tax increases and cuts to Social Security and Medicare, most Americans say they are willing to pay higher taxes to maintain these popular programs. A large majority of Americans prefer paying higher Social Security taxes (63 percent) to benefit reductions (25 percent).

Read More

TAGS:
retirement

5 Reasons to Move in Retirement

By |

Those on the verge of retirement often dream about retiring in a place where they will be able to maintain a permanent tan. But most people don’t pick a retirement spot based on better weather. Grandchildren and the cost of the move figure much more prominently into retirement decisions than a ...

Read More

TAGS:
retirement

How to Recover Retirement Account Losses

By |

The financial market and real estate declines in 2008 and 2009 diminished the assets of many retirement savers. As many as 14.3 percent of U.S. households who would have had adequate retirement assets before the financial crisis are now at risk of running out of money in retirement, according to an ...

Read More

TAGS:
retirement

5 Ways to Make Your 401(k) Balance Last Longer

By |

If you spend too much of your 401(k) account balance early on in retirement, you will reach your later years with very limited resources. But there are steps you can take to make your retirement account balance last longer. Here are some strategies to make sure your retirement savings lasts the ...

Read More

TAGS:
retirement

4 Ways to Stay Employed After Age 50

By |

Older workers are generally less likely to lose their jobs than younger employees. But new research suggests that this older worker employment advantage is due mostly to spending more time with their current employer. Once you control for job tenure, older employees are actually more likely to lose ...

Read More

TAGS:
retirement

6 Retirement Planning Regrets

By |

Many Americans approaching retirement have financial regrets about their retirement planning. Only 28 percent of investors age 55 and older say they are highly satisfied with their retirement preparations, according to a recent Consumer Reports National Research Center survey of 24,270 online ...

Read More

TAGS:
retirement

5 Ways to Finance Retirement Until Age 100

By |

One of the biggest retirement planning challenges is that we don’t know how long we will live. We are saving up to finance an unknown number of years in retirement. A conservative assumption that many people use is living until age 100. Yet, it’s extremely difficult to save for a retirement that ...

Read More

TAGS:
retirement

Boomers Reluctant to Cut Costs in Retirement

By |

Workers who haven’t saved enough to retire comfortably have three choices: work longer, save more, or reduce your standard of living in retirement. When workers on the verge of retirement who have lost money in the stock market were given these three choices, most said they would delay retirement ...

Read More

TAGS:
retirement