advisor to help make better decisions about 401(k) allocations and building a diversified portfolio. Since retirement planning is much more complicate than just collecting a pension, it helps to have savvy advice. The documentary recommends that
Ahead of Portfolio Makeover Week, Morningstar's Christine Benz offers tips to alleviate common concerns over retirement readiness, inflation, allocation, and more.
These plans offer investors many benefits in saving for retirement, but they also have their drawbacks.
The decision about when to file for Social Security benefits is a complicated one, and it gets even more complex when two spouses are involved.
called 4% rule was devised in the 1990s by California financial planner William Bengen and later refined by other retirement - planning academics. Well, it was beautiful while it lasted. In recent years, the 4% rule has been thrown into doubt
golfer Gary Player once said, “The more I practice, the luckier I get.” The same applies to preparing for retirement . Planning , preparation, saving early and regularly and keeping good common sense are all key elements in engineering a
Andrew Salata of the Social Security Administration offers tips for how retirees can manage age and income limits to optimize their Social Security payouts.
conditions, thus helping them make more informed investment decisions. This approach is especially useful in retirement planning , in which investors try to figure out which savings rates, allocations, market returns, and spending patterns
accumulate over time is not the way to go. This is a form of taxation, and these hidden taxes further complicate retirement planning and usher unwitting retirees down a slow path of a reduced standard of living. Of course, Congress may deep-six
their strategy, depending on their age. I believe that this misconception comes from the traditional world of retirement planning , where advisers told clients to allocate higher and higher amounts to fixed income instruments as they got older