Category: Retirement

  • Lower inflation, lower Social Security raise

    The Social Security Administration says beneficiaries will get a raise of 3.2% beginning in January. […]

  • Do you need to worry about retirement?

    By Joel Dresang Overconfidence can be hazardous to investors. Research economists at Boston College have found that nearly half of all households are at risk of not affording their retirement. But only about one third acknowledge it. Most at risk: High earners. […]

  • It pays to volunteer in retirement

    By Joel Dresang After we’re no longer working for our money — when we rely on our money to work for us – volunteering is a healthy way to capitalize on the time we have left. We can extend our years and accentuate our days. Volunteering is one way to both sustain our health and…

  • Moving the goal posts to full retirement

    By Joel Dresang The trickier question raised by governments extending the retirement age is the non-financial quandary of when should we call it quits and begin the next phase of our lives? Semantically, it’s the difference between when can we retire and when should we. […]

  • Longer living afterthought to retirement

    Longevity experts call for a recasting of when and how we retire. That would require rethinking – and coaching.

  • Retirement risk concerns out of order

    By Joel Dresang It turns out we generally misplace priorities when assessing what to expect in retirement. […]

  • Rust in retirement can affect finances

    By Joel Dresang When we retire, we leave behind more than a job, more than a desk chair indelibly contoured to our proportions, more than a cadre of 9-to-5 companions. It turns out many of us leave a bit of our minds. “Retiring is associated with increased risk of cognitive decline,” says a report from…

  • How part of portfolio can act as pension

    By Joel Dresang I am part of a vanishing class of workers with so-called defined-benefit plans—company-funded accounts guaranteeing set monthly payments in retirement. There used to be more of us. My pension is from a former employer. In my age group, 1 in 10 households has a pension. That’s down from more than 6 in…

  • Knowing when to tap Social Security

    Social Security benefits play a bigger role in retirement timing than most people realize.

  • Retirement spending: Safe rates

    In a Money Talk Video, Art Rothschild explains when retirees can consider varying the withdrawal rate for their investments.