Thursday, May 3, 2018

This week’s retirement strategies and news


May 03    
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  Personal Finance
 
Senior couple looking at paperwork
 
  Will your expenses stay the same in Retirement?  
  The quick answer: Maybe. But you'll need to plan for a variety of scenarios regardless.  
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  Personal Finance      
  Piggy Bank with retire written on it. Eggs with 401k and IRA written on them, all on top of US cash   Short on cash? Some notes of caution — and tips — about tapping retirement savings
Americans get a regular flow of information about investing in retirement plans. But they also need to pay attention to preretirement withdrawals.                              
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  Personal Finance      
  When choosing funds for your 401(k) plan be sure to check fees.   Retirement planning: How much should I have saved in my 401(k) at age 40? Ask a Fool
Experts generally suggest that you'll need about 80% of your salary after retirement to maintain lifestyle. Social Security is designed to replace about 40%, so this means that unless you have a pension or other guaranteed income stream, the other 40                              
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  Personal Finance      
  Rochester, MN  Share of population 65+: 14.8%  Fitness centers per 100,000 people 65+: 62.7  Physicians per 100,000 people 65+: 175.1 (top 10%)  Average retirement income: $26,217    Thinking about where to retire? Here are 30 great U.S. cities for older Americans
The U.S. is on the verge of a massive surge of retirement in the coming years. For those millions of retiring Americans who are looking to find a place to live , many considerations in mind. Here is a list of the best cities for older Americans to re                              
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  Personal Finance      
  A person carrying a boulder up granite stairs. The bounder has the word debt written on it.   Effective debt management: How to increase savings and get rid of that debt load
Total household debt rose to an all-time high of $13.15 trillion at year-end 2017, according to the Federal Reserve Bank of New York. So, what might you do if you’re burdened with debt?  Here are some effective ways to drop debt and b                              
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  Many older Americans wonder whether they need life insurance in retirement. As with many things in the world of personal finance, the answer depends on the facts and circumstances.   Financial planning: How to determine if you need life insurance in retirement
Many older Americans wonder whether they need life insurance in retirement. As with many things in the world of personal finance, the answer depends on the facts and circumstances.                              
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  Personal Finance      
  Places like Coronado or Boquete in Panama, Puerto Vallarta or Ajijic in Mexico and Ambergris Caye island in Belize have been welcoming North American retirees for years.   Retirement destinations: Beat the retiree crowds to these 5 places abroad
Places like Coronado or Boquete in Panama, Puerto Vallarta or Ajijic in Mexico and Ambergris Caye island in Belize have been welcoming North American retirees for years. The rewards of seeking out less-known destinations for retirement abroad can be                               
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  Personal Finance      
  Older man working at a laptop   Boomers may be behind on savings, but they're doing well at avoiding credit card debt
An estimated one-third of adults 55 and over have less than $10,000 in a nest egg, according to GOBankingRates, and only 23% have saved $300,000 or more. The good news, however, is that the majority of Baby Boomers are mostly debt-free, which helps m                              
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  Personal Finance      
  When offering investing advice, Berkshire Hathaway investing legend Charlie Munger counsels people to   Investing tips to help avoid destroying your IRA and ruining your retirement
When offering investing advice, Berkshire Hathaway investing legend Charlie Munger counsels people to “invert, always invert.” In other words, find out how to sabotage your success, and then avoid those methods at all costs.                              
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  Personal Finance      
  Casino chips and dice lying atop Social Security cards.   Retirement planning: Believing Social Security myths could make you poorer in retirement
Social Security is expected to be a major source of retirement income for baby boomers, 50 million of whom will turn 65 in the next 10 years. Despite their reliance on Social Security income, many retirees don't fully understand these entitlements &m                              
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  The Day In Pictures Gallery
A Relative of 19-year-old Palestinian Anas Abu Aser cries during his funeral in Gaza city, on May 3, 2018, after he succumbed to his wounds which according to the health ministry in the Palestinian enclave were inflicted by Israeli soldiers during pr

A Relative of 19-year-old Palestinian Anas Abu Aser cries during his funeral in Gaza city, on May 3, 2018, after he succumbed to his wounds which according to the health ministry in the Palestinian enclave were inflicted by Israeli soldiers during pr
 
  Popular Stories
Boy Scouts are dropping the word 'Boy' from flagship program; Girl Scouts shrug
German man ordered to pay child support after ex-wife forges signature for IVF pregnancy
Teenage girl interested in human sacrifice sentenced for stabbing boy during sex
 
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