One of the biggest concerns retirees have is running out of money during their retirement years. A significant risk factor affecting whether retirees will be able to maintain their cash flow is negative investment returns during the early years of retirement. Losses in the early years, plus the withdrawals taken during those years, can lead to anRead More
Category Archives: Retirement
Most people are aware that if you wait until age 70 to file for your Social Security benefits, your monthly benefit will be a lot higher - 32% higher to be exact. And one of the greatest things about this is that not only will you receive this higher benefit for the rest of your life, yourRead More
Since the 1990’s, retirement experts have been recommending an easy formula to figure out how much you can safely spend in retirement. Simply determine the value of your retirement portfolio at the end of each year, and then plan on spending 4% of that balance during the following year. This approach is called a “static”Read More
Most of us have heard that we should gradually reduce our exposure to stocks as we get closer to retirement. This concept makes a lot of sense - reduce risky stocks and shift into safer bonds. Surprisingly, new research shows that this may not be the best way to achieve your retirement goals. Researchers recently looked at 141Read More
One of the most common fears that we hear about from seniors is the fear of running out of money during retirement. While this certainly is a legitimate concern, what is often not discussed is the very common side effect of this fear: Spending too little during retirement.