Retirement doesn’t mark the end of a professional career but rather the beginning of an important life event. Retirement planning is critical to ensure a comfortable retirement, both financially and personally. It is an extensive process and managing it will be an ongoing responsibility that has to be carried out after the retirement as well. …more

The Sad Truth If you were born between 1946 and 1964, you are considered part of the most influential generation in American history— the Baby Boomers. You see, after U.S. troops returned from World War II, they quickly settled down and everyone started having lots and lots of babies. This gigantic generation has transformed America …more

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It is not unusual for women today to experience some fear and anxiety about retirement – many feel that they will not have the finances needed to retire comfortably. If this accurately describes the way that you feel about your circumstances, you may find comfort in the fact that you can take control of your …more

The answer: 12,775 66.2% $1,043 Do you have some idea what these numbers represent? A hint: They are some of the most important reasons why planning for retirement and living in retirement will be different for women. Now that you’ve had a minute to think about these numbers, let me shed a little light on …more

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I’ve never believed in the idea of sacrificing now to plan ahead so I could retire. I thought I would just work until the day I died. I’ve always practiced “live for today,” while Alan (my mate) did some of that, but he, a stockbroker, practiced what he preached, and prepared for retirement. Alan is …more

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Let’s go back to the beginning of 2015. I’m watching financial consultants on television advising viewers to fund their 401(k) to the maximum. The purpose is to defer the tax on that income and cause the funds to be deemed “tax-qualified.” The advisors are so convincing that it must be the best thing to do, …more

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The concept of a Retirement Index is not new. There are several measures of financial readiness for retirement, both on a broad national level as well as at a more segmented level. Some well-known national indices include the National Retirement Risk Index by Boston College, the International Retirement Security Survey by AARP and the Retirement …more

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Although men and women enter retirement in tandem, women have a very different retirement experience from men. Women enter retirement with less saved due to a lifetime of lower earnings. The average pay for a woman is just seventy-seven cents for every dollar earned by a man, and even less for black and Hispanic women. …more