tax-return---slider

Time to raise – or scrap – the Social Security payroll tax cap

It’s Tax Day, and a small number of wealthy Americans will have something to celebrate: They’ll be done paying Social Security taxes for the year. The payroll tax that funds Social Security is levied only on a certain amount of income. This year it’s capped at $117,000. That means most wage earners will pay 6.2 […]

Economy-of-you-slider

How a side gig can boost retirement security

Kim Palmer has a full-time job, but decided to start something on the side in 2009. “It was the height of the recession, and I was terrified that I’d get laid off – it seemed like it was happening all around me. I felt financial pressure to have a back-up plan.” A personal finance editor […]

Paul-Ryan-slider

Medicare reform redux: How Ryan’s new plan would squeeze seniors

Imagine a Medicare reform plan that boosts your premiums 50 percent. If you like your doctor, you won’t be able to keep her. The wealthy will subsidize healthcare for poor seniors. An Obamacare takeover of Medicare? Nope. It’s the latest iteration of “premium support,” the plan for Medicare unveiled this week by U.S. Representative Paul […]

AARP-Magazine-Cover-April-2014v1

Surviving mid-life jolts, some people bounce back stronger than ever

Midlife is prime time for unexpected life jolts. It’s the season for sudden job loss, divorce, the deaths of loved ones, and all manner of unexpected health issues, disasters, and near-misses. Hollywood may love a good story about the stereotypical life-changing “midlife crisis” brought on by the emotional turmoil of getting older, but research shows […]

Blueprints

Morningstar-health-care-panel-blueprint

Getting a handle on health care in retirement

Health care is one of the largest expenses most Americans will face in retirement - and it's among the most difficult to predict. At the recent Morningstar Individual Investor Conference, I … [Read More...]

Latest RR Posts

tax-return---slider

Time to raise – or scrap – the Social Security payroll tax cap

It’s Tax Day, and a small number of wealthy Americans will have something to celebrate: They’ll be done paying Social Security taxes for the year. The payroll tax that funds Social Security is levied only on a certain amount of income. This year it’s capped at $117,000. That means most wage earners will pay 6.2 […]

Retire-abroad1

Considering retirement abroad? What you need to know

Are you thinking of retiring abroad? It’s a growing trend: the number of retirees, spouses and widows receiving Social Security benefit payments outside the U.S. rose 26 percent to 542,451 between 2006 and 2012, according to the Social Security Administration. And that figure likely understates substantially the number of retirees living abroad, since many retirees […]

Planner-slider

Out of work and under 65? Here’s how to retool your retirement plan

We reached a milestone last week when the government reported that the U.S. economy has regained all the jobs lost during the Great Recession. Yet for many older workers the recession never ended; long-term joblessness has morphed into de facto premature retirement. Now, millions are performing financial triage on retirement plans that had been based […]

Morningstar-health-care-panel-blueprint

Getting a handle on health care in retirement

Health care is one of the largest expenses most Americans will face in retirement – and it’s among the most difficult to predict. At the recent Morningstar Individual Investor Conference, I joined a panel discussion of strategies for meeting health-care funding needs using Medicare, Medigap, long-term care insurance health savings accounts – and the Affordable Care Act. […]

AARP-Magazine-Cover-April-2014v1

Surviving mid-life jolts, some people bounce back stronger than ever

Midlife is prime time for unexpected life jolts. It’s the season for sudden job loss, divorce, the deaths of loved ones, and all manner of unexpected health issues, disasters, and near-misses. Hollywood may love a good story about the stereotypical life-changing “midlife crisis” brought on by the emotional turmoil of getting older, but research shows […]