You’ve been working on
your retirement plan for years, making adjustments here and there so retirement
will be everything you’ve dreamed of. But have you planned for surprises? Oh,
yes. There can be surprises. Some of them the result of government regulations.
Others because Americans are living longer than ever before.
I was having a
conversation about retirement health insurance with an acquaintance of mine who
just retired. He’s a former corporate executive—an analytical person—who’s
always done his homework to avoid as many surprises as possible in the business
world. He’s done the same thing with healthcare and decided that a Medigap
policy...
I’m a Baby Boomer—in the
middle of the Boomer pack. Talk to almost anyone of my generation and they’ll
tell you stories of what retirement looked like for workers when we were
growing up. Back then it was common for someone to work for only one company,
starting at age 18...
Financial attitudes are changing with America’s young adults. For decades, parents have taught their kids that part of proper planning included saving for retirement. Saving could be accomplished with investment accounts, individual retirement accounts or any one of a litany of employer-sponsored retirement plans, including the 401(k)....
Retirement is supposed to be the time of carefree living; the reward for a lifetime of hard work, saving, and sacrifice. But it seems that may be more utopian pipe dream than reality. The wealth gap in the United States is getting wider, which in turn increases...