How much money will you need in order to keep living like you live today in retirement? Various formulas for coming up with this number have been devised, but today’s article outlines one particularly simple rule of thumb that can be used in making this determination: the Rule of 300. How does the Rule of 300 work, how much does…
When it comes to assessing risk, the author of today’s article argues that “most people don’t really understand what their true risks are.” He proceeds to identify what he believes is the greatest risk most retirees face – one that is not getting the attention from retired (and retiring) baby boomers that it warrants. The risk in question is associated…
Health savings accounts. More employers offering a Roth option in their retirement plans – and reducing the overall number of investment options employees have to choose from. The growth of index funds – and workplace financial wellness programs. These trends – as well as some additional developments – have the author of today’s article declaring that “it’s a brave new…