“This example will be based on a 65-year-old retired couple. They have accumulated $1.7 million of retirement savings allocated 50/50 stock/bond, and they also own an un-mortgaged house worth $500,000. They will receive a combined $42,500 in Social Security if they both claim at 65, and their essential expenses are $85,000 increasing with inflation each Read more about Retirement Strategies in Pictures[…]
Peng Chen Ph.D., CFA and Roger Ibbotson Ph.D. suggest some retirement savings guidelines based on net pre-retirement income. Read the full article here >>
Robert Brokamp notes: “Want to become a millionaire? Then perhaps you should start by studying the behaviors of people who have done it. But don’t worry – you don’t need to stop the next Mercedes you see and ask the driver intrusive questions, because two authors have done all the work for you. One of Read more about Nine Lessons in Wealth-Building[…]
Steve Vernon correctly notes: “There’s only one thing you need to do if you want to be happy during your retirement years. Plan for it. Yep, that’s it. Plan for your retirement, and you’ll be happier.” Read the full article >>
Andrea Coombes notes that a fair number of people believe that early retirement is an unachievable goal. They would be wrong . . . Read the full article >>
Jim Dahle, MD, posts a wake-up call for retiring physicians: “When it comes to planning for retirement, there are three concepts that physician investors often misunderstand. Unfortunately, two of these three constitute “bad news” that I hate to deliver to the ‘patient.’” Read the full article . . .