Retirement

Q&A With Jamie Hopkins on Retirement Income Planning in 2020

From the health crisis and the shortest-lived economic crisis in history to near-zero rates of interest and unprecedented stock market volatility, 2020 has actually looked unlike any other year. These changes can be disastrous for retired people and future senior citizens. While younger financiers can ride out unexpected volatility and …

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What Retirees Need To Do in A Bear Market

It’s easy to ride the highs and lows of the stock exchange when you’re still working. After all, the recommendations for what to do with your 401k in a down market is quite standard: wait it out. The average bearishness– generally specified as a dip of 20 percent or more– …

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Help for Future Retirees During an Economic Devastation

Retiring Well in a COVID World COVID tossed a wrench in everyone’s retirement planning, even those who were well prepared. Many Americans weren’t well prepared, which only makes things worse. The conspiracy theory of Social Security not being there for you holds. The typical Social Security recipient gets $1503 per …

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Three Expenses to Avoid if You Want to Retire in 10 Years

Individuals who want to retire within ten years would be clever to keep saving– but also to turn a sharp eye to their costs.Second homes, student loans, and expensive indulgences like luxury automobiles all divert money from retirement cost savings.See Organisation Insider’s homepage for more stories. If you want to …

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New Research Complicates the ‘80% Rule’ for Retirement Savings

The key question for retirement savers is to calculate how much –– through a mix of savings, pensions, and Social Security –– of your pre-retirement earnings you’ll have the ability to replace after you leave the labor force. The “80% guideline” is an oft-mentioned basic standard for savers. The idea …

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Money Expert: ‘It is OK to Pause Retirement Savings’

While saving for retirement is typically a top money concern, don’t beat yourself up if you do not do it now throughout a pandemic, according to one financial expert. “The greatest point I can drive home here … it is OKAY if you needed to pause retirement cost savings given …

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