Category: Retirement

Social Security’s uncertain future

The term “third rail,” used in a political sense, may have been coined in reference to Social Security. The late William Safire, who was both a linguist and political commentator, attributed the term to congressional aide Kirk O’Donnell. In a...

/ January 2, 2017

Overcoming the Baby Boomer Retirement Crisis

Baby boomers, those born between 1946 and 1964, are beginning to come into their retirement years, however, a trend is emerging. Many are working longer and postponing retirement. According to statistics gathered by a recent Willis Towers Watson survey: 25% of Americans...

/ October 24, 2016

Should You Pay Off the Mortgage or Boost Your Retirement Savings?

As retirement slowly creeps up, many people over 50 find themselves faced with a multitude of different questions and concerns about how they can best manage their money before they quit work. With children out of the house, education expenses...

/ September 1, 2016

Pros and Cons of In-Plan Roth Conversions

It often makes sense for the owner of a regular 401(k) retirement plan to convert the entire plan to a Roth plan. That will mean that the money converted to the Roth plan will be subject to regular federal income...

/ August 31, 2016
social security

Beware of Scary Social Security Headlines

Yesterday, right before I gave a talk on Social Security to a group of investors, I glanced at the headline on CNN Money which read, “Social Security trust fund projected to run dry by 2034.” We all know it’s an...

/ June 23, 2016

Who Saves More For Retirement, Men Or Women?

Sometimes it’s amazing how old stereotypes linger, even when plenty of data disprove them. Here’s one I heard just the other day: Men are better investors than women. It’s funny that that myth keeps hanging around, when there’s plenty of data...

/ November 23, 2015

You’ll Probably Want To Stop Working Someday

It’s tough not to buy stuff. Clothes, trips, electronics. There’s cool stuff to buy and do. Most people think they are immune to advertising and marketing, but marketers know differently. For the record, most people also think they are better...

/ September 27, 2014