Tag Archives: retirement.

This article is reprinted by permission from NerdWallet.  Many U.S. households retire without enough money to maintain their pre-retirement standard of living. Once retired, though, people often reduce their spending enough to make their money last, according to a recent study by David Blanchett, head of retirement research at Morningstar, …

Dear Quentin, After finishing graduate school, my wife and I decided to pay off all our debt before buying a home, or anything for that matter. We have been cheaply renting for the last three years, and living as if I were still a very poor graduate student. During this …

If you’re saving money for retirement, there are four important lessons I hope you’ll learn. I’ll back them up with some numbers. These may not be new, but they will be crucial to your success. Lesson 1: When you start saving, the amount you invest will make more difference than …

Annuities are neither good nor bad. But you wouldn’t know that given how most people, including financial planners, react when the product is discussed as a potential part of a retirement plan. Such products, critics say, are nothing but a way for salespersons, some of whom have engaged in unethical …

This article is reprinted by permission from NextAvenue.org. Jay Gamel, 76, still talks about his Northern California home in the present tense, as if nothing had happened. “The place is a paradise by any measure,” says Gamel, who is semiretired. “The mountains are beautiful, the surroundings are gorgeous. It’s a postcard.” …

ISTOCK/GETTY IMAGES Everybody’s financial scenario heading into retirement is different. This encompasses more than levels of savings or income — emotions come into play. What if you are afraid to invest your money? This may be a difficult scenario when banks are paying very little interest on deposits. Alessandra Malito …

Illustration by Kevin Whipple The year is 2100 and a worker is facing retirement. She’s been a conscientious employee, but she hasn’t been able to save much for her future because of years of family caretaking, student debt and low wages.   But she’ll be able to enjoy retirement. That’s because …

The Wall Street Journal recently shared the story of a couple who is struggling because the pandemic has upended their jobs and income. To make matters worse, they’re dealing with a massive amount of consumer debt. The article says: “The Denton, Texas, couple pay $ 4,400 a month on their …

Dear MarketWatch, I’ve been a stay-at-home mom for five years to a 4-year-old and 2-year-old. I’m 32 and I don’t see a clear deadline for when I can return to work. My husband makes 150k a year and is contributing to his 401(k) at 3% with a 3% match. My …