November 2017

401(k) Contribution Limits Appear Safe — But Tax Reform Could Still Deliver A Major Blow To Retirement Savers

Despite concerns that the Republican tax plan would deliver a major blow to retirement savers by dramatically reducing how much they could stash away in their 401(k)s each year, that provision has not come to pass. So retirement savers can breathe a sigh of relief…right? Not necessarily. The author of today’s article warns that “while it’s good that Republicans backed… 

Some (Not So) Fun Facts About Retirement

“While the post-work years can truly be golden for those who plan for them, many retirees are caught off guard by the facts of their new life,” warns the author of today’s article. He proceeds to outline several facts about retirement that, while not necessarily fun facts, are things that he believes those approaching retirement should be cognizant of before… 

How (And When) Will It End – And Is Your 401(k) At Risk?

They correctly forecasted last decade’s financial crisis and its devastating effects on many Americans – and now they are getting nervous about another meltdown when the current bull market ends. Today’s article goes to three market skeptics – including Yale economist Robert Shiller, who warned of a “catastrophic collapse of the housing and stock markets” three years before the ’08… 

From “Go Go” To “No Go”: Structuring Your Portfolio For The Unique Phases Of Retirement

With retirement comes a shift from receiving a consistent paycheck to needing to tap your various income streams to cover your various expenses – and the author of today’s article argues that “this shift requires a new investment strategy and mindset.” In order to develop this strategy and mindset, she advises to think of retirement as consisting of three unique… 

How The Chinese Middle Class May Be Ruining Your Retirement Savings

If you’re close to retirement you can thank them for helping to give the return on your retirement savings a boost. But if your retirement is still a ways off, the author of today’s article warns that “you’re going to have a devil of a time getting a decent return on your retirement savings” because of them. The “them” in… 

Robots & Retirement: Assessing The Robo-Advisors

Robo-advisory services are increasingly getting attention from baby boomers looking for retirement guidance. As today’s article notes, robo-advisors now go beyond simply helping clients save for retirement, offering “tax-efficient strategies for turning nest eggs into steady streams of retirement income, as well as recommendations on Social Security, Medicare and long-term-care insurance.” To see what those in or approaching retirement can… 

The Cash-Out Conundrum: Should You Quit The Stock Market Once You’ve “Won The Game”?

“Once you’ve won the game, what’s the point of still playing?” asks the author of today’s article. If you amass the amount of money that you believe you need in order to live comfortably for the rest of your life, should you quit the stock market (and avoid the risk of losing money)? While the financial media tend to focus… 

Why These Common Retirement Strategies Could Result In Portfolio Depletion

When it comes to investing for a retirement that could last decades, the author of today’s article states that “you need to invest in a way that has a documented history of success in a variety of different scenarios….choosing the wrong strategy could actually lead to portfolio depletion before your retirement ends.” He proceeds to outline how some of the… 

When It Comes To Saving For Your Golden Years, These 3 Misconceptions Prevail

When it comes to all the interconnected pieces of successful retirement planning (taxes, Social Security, health care, etcetera), the author of today’s article points out that, ultimately, everything goes back to one fundamental question: How much money do I need to retire? Unfortunately, when it comes to answering this question, there are a number of misconceptions that people are prone… 

Will The ‘Tax Torpedo’ Blow A Hole In Your Nest Egg?

Half of retirees don’t need to worry about it at all. Others will have no way of avoiding it. And more and more retirees will fall victim to it in the coming years. It’s the ‘tax torpedo’, which the author of today’s article explains is “a name given to the unexpected way that Social Security can get taxed, depending on…