Category Archives: Retirement Planning

Will You Outspend Your Income After Retiring?

Social Security remains the primary source of income for all adults over the age of 65. In 2009, households ages 65 – 74 and households with members over 85 received 54% and 66% of their total household incomes, respectively, from Social Security. This should be a heads-up that you need to pay attention to your financial situation and start taking personal financial responsibility. Do you really want to depend on Social Security and family for your retirement?

You’ve Retired. What Happens Now With Your Finances?

According to the National Center for Health Statistics, the average life expectancy for an American today is 78½. However, many people may live 20 to 30 years past what is considered the typical retirement age of 65. The challenge is how to arrange your financial resources so you will have adequate income throughout those retirement […]

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