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 […]
We saw this infograpic on LifeHealthPro.com and thought it synthesized the bumps in the road that may await women on the road to retirement—very thought provoking.
Why should you be concerned over the year-end deadline for taking the required minimum distribution from your IRA? If you miss it, the penalty you pay is steep. Here’s a recap of the basic rules.
There is no single product that addresses the six key risks of retirement, so the idea is to diversify among different products to effectively address them all.
Some 76 million Baby Boomer are now reaching retirement age, and they account for nearly one-fourth of the U.S. population. The oldest of those, reaching age 66 this year, are likely contemplating retirement or have already done so. About 10,000 a day qualify for Social Security payments, and many of them have done a poor […]