How to Keep More of Your Retirement Income from “Unwanted Heirs”

Everyone wants to keep as much of their money to pass on to family, heirs and loved ones.  Many people assume that when they die, their assets are automatically distributed to heirs and loved ones.  However, there are several “unwanted heirs” that may step forward to claim their share of your estate before your loved … Continue reading How to Keep More of Your Retirement Income from “Unwanted Heirs”

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How to Change Your Retirement Portfolio for Superior Results

A happy retirement begins with the security of knowing that a person’s retirement income will not outlast their life.  Many sites give early retirement tips but fail to take into consideration that the average retiree is now living longer.  Retirement calculators that show workers how they can enter early retirement fail to take into consideration … Continue reading How to Change Your Retirement Portfolio for Superior Results

Comparing Retirement Income Payment Options

When approaching retirement and the last decade of stock market ups and downs, many people wonder how to protect retirement income from economic collapse.  There are two popular options to protect retirement savings:  Joint and survivor annuity payment option or retirement income protection funded with life insurance. Joint/Survivor Annuity Payout Option Versus Retirement Income Protection … Continue reading Comparing Retirement Income Payment Options

Understanding Withdrawal Guarantees

Withdrawal guarantees are a guaranteed way to plan for retirement income.  They can be paired with features such as lifetime income riders and are often features of variable annuity contracts.  For retirees wanting added security to their retirement income, guaranteed minimum income benefits (GMIB) and lifetime income riders provide peace of mind that retirement will … Continue reading Understanding Withdrawal Guarantees

Retirement Savings Analysis: African-American Women

Americans are wedding less frequently, and the ones that are getting married are not staying married for as long as their previous generation.  This can affect the way retirement is saved and collected, putting many African-American women at risk of running out of retirement money.   Social Security Spousal benefits for Social Security is often … Continue reading Retirement Savings Analysis: African-American Women

Retirement Savings: Side Businesses for Growing Wealth

In our quest for financial stability and success, many American workers are simply not satisfied with the regular paycheck and benefits that come from traditional jobs. These regular paychecks certainly do help pay the bills, but in today’s economy, it can be tough to get ahead, even on the salary a well-paying job provides. Many … Continue reading Retirement Savings: Side Businesses for Growing Wealth

The Best Retirement Calculators

Anyone who searches for “retirement calculator” will quickly discover that there are over 22 million results.  Not many people have the time to go through even a small portion of those sites to discover which is the best.  Luckily, some experts have done the hard work for us and have created a list of the … Continue reading The Best Retirement Calculators

The Reasonableness of a $1 Million Retirement Goal

It may seem as having $1 million at retirement would be more than enough to live comfortably.  Based on the yearly median household income of $56,320, in order to equal that amount during retirement, retirees need an average monthly income from Social Security of $1360 combined with the $40,000 income generated by the $1 million … Continue reading The Reasonableness of a $1 Million Retirement Goal

Saving Enough Money for Retirement

Setting aside money now for retirement later is often difficult for many Americans.  This shows in a number of workers today and the amount of money they currently have saved for retirement.  In a recent survey conducted by GOBankingRates, it was discovered that more than half of Americans will retire with no money saved for … Continue reading Saving Enough Money for Retirement