Generation X: Six Retirement Topics to Raise
Generation X: Six Retirement Topics to Raise Guess who’s thinking about retirement? After decades of living in the shadow of the Boomers, Gen Xers are ready to start thinking about and planning for their new retirement life starting within the next decade. “For years we’ve heard that the Baby Boomers are coming,” says Michael Harris, […]
Managing Financial Decisions as We Age
When thinking about retirement planning, the focus is often on market ups and downs. But there’s another important risk that doesn’t get as much attention: the ability to make good financial decisions later in life. This paper explores how normal aging, memory changes, and emotional or behavioral shifts can affect financial judgment over time. Research […]
Outliving Your Income
Outliving Your Income One of the most common fears people share when considering retirement is the very real possibility of outliving the money they’ve worked so hard to save. One of your main concerns when planning retirement is to ensure your money lasts throughout your life. After all, you worked hard and saved your entire […]
Professional Learns Real Value of Protected Lifetime Income
Professional Learns Real Value of Protected Lifetime Income Many people heading into retirement never consider how an untimely downturn in the financial market could mean overhauling their financial plan or even worse, delaying retirement all together. No one knows this harsh reality better than Joe Overfield, president of Intelliplan Financial in Gahanna, Ohio. He was […]
Longevity, Life Expectancy, and Lifetime Income
Longevity, Life Expectancy, and Lifetime Income How long can you reasonably expect to live? That’s a key retirement planning question. And it raises questions about how to add protected lifetime income to your portfolio so you don’t outlive your money. Do you need to plan for a 20-year retirement, a 30-year retirement, or longer? If […]
Starting the Retirement Income Conversation
Starting the Retirement Income Conversation The first step in developing a successful income plan for retirement is understanding your options. Here are points you should discuss with your financial professional to make sure you’re on track for the retirement you want. Why is protected monthly income in retirement important? How we fund – and live […]
Doctor Trades Risk For Rewards
Doctor Trades Risk For Rewards Risk – Ben Labrot knows a lot about that. Serving in Floating Doctors, an organization he formed to help deliver medical services to people in remote parts of the developing world, Labrot found himself in many life-threatening situations. Read More
The 4% Rule Produces Unacceptable Risk for America’s Retirees
The 4% Rule Produces Unacceptable Risk for America’s Retirees For decades, some financial professionals have counseled clients that they should be able to safely withdraw four percent of their assets each year as a means of providing retirement income, while maintaining an account balance large enough to keep income flowing through the years. However, while […]
Savings, Income and Lifestyle: Keys to Retirement Income Planning
Savings, Income and Lifestyle: Keys to Retirement Income Planning For many, the retirement equation appears complicated and overwhelming. Thankfully, at the most basic level, it comes down to just three relatively straightforward buckets: savings, income and lifestyle. Income for pre-retirees is the paycheck you receive from your employer or business, and the money earned from […]
How to Get More From Social Security
Social Security plays a critical role in retirement planning, but for most Americans, it replaces only a portion of pre-retirement income. For higher earners or those who claim early, the monthly benefits can drop significantly, creating an income gap many retirees don’t anticipate. Understanding how Social Security works and how to maximize it can make […]