Ed Slott & Company
While the media has done a good job of simplifying investing, some magazines and TV shows have oversimplified retirement planning. It’s a highly complex process that requires in-depth knowledge and impartiality—and do-it-yourselfers often get in trouble.
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Ed Slott & Company
Found in: Insurance
Once you’re retired, your need for insurance changes. It is a good idea to look at your coverage options and figure out what you need and don’t need, and where you might be able to achieve some savings.
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Ed Slott & Company
Found in: IRAs
Many of us are often solicited for strategies involving alternate investments for IRAs. You should have your antenna up when being solicited and when the solicitor states that the investment is either “IRS Approved” or endorsed by the IRS.
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Lin Schreiber
The Dow Jones is whipping up and down more rapidly than a roller coaster, the media is whipping up a frenzy of hysteria. Your savings are dwindling, your retirement plans are fading, and a restful night’s sleep is a thing of the past. Not to worry.
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Donald C. Strauss and Diane B. Burman
Found in: Longevity
It’s a difficult question and, in fact, in most instances a virtually impossible one to answer. But given that no one knows how long they’ll live, we all still need to plan for living a longer time. How many years are you planning to live in retirement?
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Editorial Staff
Half of men and nearly two-thirds of women say that “struggle” or “worry” best summarizes their financial situation today.This financial unease has seeped into people’s relationships and emotions as well. Fortunately, this anxiety can be conquered.
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Ed Slott & Company
The combination of guaranteed benefits for life, cost of living adjustments, and spousal coverage makes Social Security one of the most valuable sources of retirement income.
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Ed Slott & Company
Found in: IRAs
Like any other major financial decision, the question of whether to convert to a Roth IRA needs to be measured carefully and with all the facts. Only then can the best course of action be identified and implemented.
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Carolyn L. Rosenblatt, R.N., Attorney at Law
Found in: Estate Planning
Seniors need to be aware of the scam artists who prey on the elder population with financial assets. They sound so nice. They offer to help you. But what they don't tell you is they're really salespeople, trying to get you to buy things you don't need.
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Suzanne Wolfson, MBA, CFP
When planning to retire, it helps to understand that retirement is divided into distinct phases, each having changing issues, demands, and expectations on the part of retirees and their families. Professional guidance can help with all the transitions.
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