Category: The Retirement Crisis

June 15, 2013 Category: The Retirement Crisis

Social Security Benefits May Not Provide Enough Income in Retirement

MYTH #1: Social Security benefits will provide most of the income you need in retirement.

March 24, 2012 Category: The Retirement Crisis

How to Combat Inflation for Early Retirement

Inflation is the biggest risk to any retirement savings plan, and woe to any retiree who underestimates its effects. Inflation is the increase in the money supply, which results in a sustained increase in the price of goods and services over time. Most experts agree that retirees need to assume an annual inflation rate of 3-4%, but a good retirement plan should account for periods of high inflation as well.

March 17, 2012 Category: The Retirement Crisis

Avoid the Roadblocks that Prevent Early Retirement

One of the biggest mistakes people make is waiting until their 50s or 60s to start planning for retirement. Waiting this long typically means that more sacrifices will have to be made and sometimes these sacrifices can be hard to bear.

March 10, 2012 Category: The Retirement Crisis

A Diversification Strategy that Leads to Early Retirement

A common investment pitfall is spending far too much time trying to pick individual stocks that will increase in value. It’s much more important to understand proper diversification.

March 3, 2012 Category: The Retirement Crisis

A 401k Strategy that Leads to Early Retirement

This week, John Bearss shows you a 401k strategy that leads to early retirement. Many investors fail to take full advantage of their employer’s contribution matching, which is just about the same as throwing away money.

February 25, 2012 Category: The Retirement Crisis

A Savings Strategy that Leads to Early Retirement

Do you desire an early retirement? Today, I want to share with you a savings strategy that leads to early retirement. This strategy is simple to say, but can be harder to follow.

February 18, 2012 Category: The Retirement Crisis

Do I Need Life Insurance in Retirement?

Should you go out and buy life insurance as you near retirement? The answers depend largely on your particular circumstances.

September 20, 2011 Category: The Retirement Crisis

10 Things Social Security Won’t Tell You

Worried about the future of Social Security? You’re far from alone. The Social Security Administration itself has said that unless something is done to reform the system, it will burn through its funds within the next few decades.

September 19, 2011 Category: The Retirement Crisis

Retiree Benefits for the Military Could Face Cuts

As Washington looks to squeeze savings from once-sacrosanct entitlements like Social Security and Medicare, another big social welfare system is growing as rapidly, but with far less scrutiny: the health and pension benefits of military retirees.

September 16, 2011 Category: The Retirement Crisis

Gen Y’s $2 Million Retirement Price Tag

Retirement won’t be impossible for Generations X and Y, but they will need to save considerably more than the baby boomers to make up for less employer and government help.

Category: The Retirement Crisis

10 Shortcuts to Find a Retirement Haven Abroad

There’s no such thing as the world’s best place to retire. There are many appealing options for a new life in retirement overseas.

September 15, 2011 Category: The Retirement Crisis

A Roth 401(k) may be in your future

When it comes to choosing the best place to stash your retirement savings, the answer, at least in part, depends on your likely tax situation once you stop working.

Category: The Retirement Crisis

5 Questions Every Worker Should Ask Before Retirement

Wall Street’s recent turmoil has many investors questioning whether they will have enough to retire the way they’ve always dreamed, or to retire at all, for that matter.

September 14, 2011 Category: The Retirement Crisis

Income for Life, Guaranteed! (Sort of)

Low interest rates and a weak economy make it hard for retirees to turn their nest eggs into paychecks. Some strategies for coping and cashing in.

July 29, 2011 Category: The Retirement Crisis

Social Security to Worried Seniors: ‘We don’t know’

The risk of a U.S. default has incited panic among many older Americans, who are now calling the Social Security Administration to find out what’s going to happen to their monthly benefits if the debt ceiling isn’t raised by Aug. 2.

In response, the Social Security Administration has posted very specific instructions on its web site for how the representatives who are handling inquiries from the general public should respond.

The script is short, to the point — and not very comforting: “We’re sorry but we don’t know.”

July 5, 2011 Category: The Retirement Crisis

New Government Study: ‘Difficult Choices’ Ahead for Retirees

After years of falling for the consumption trap, many aging boomers are now realizing that their dream of an early retirement is just that… a dream.