Extreme retirement abroad: How one footloose couple sees the world

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For Americans looking to retire abroad, deciding where to live can be a challenge. But Lynne and Tim Martin took that question off the table by deciding to retire everywhere and anywhere. In 2011 the couple opted for what might be called extreme retirement abroad: They sold their Paso Robles, California, home, jettisoned all but […]

Time to declare “game over” for active fund management?

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Is it time to declare “game over” in the contest between active and passive fund management? Funds are pouring into Vanguard Group’s passively-managed index funds, with total assets at the firm nearing $3 trillion. No less a stock picking legend than Warren Buffett is endorsing passive – he has advised his own trustees to put […]

Retirement insecurity: Two studies underline housing and income challenges

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Next Monday marks the sixth anniversary of the bankruptcy filing of Lehman Brothers, a key event in the Wall Street meltdown that led to the Great Recession. The recession wreaked havoc on the retirement plans of millions of Americans, and two studies released last week suggest that most of us haven’t recovered well. The Joint […]

Five ways to confront changing healthcare costs in retirement

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The cost of health care is one of the biggest out-of-pocket costs facing retirees–and for some, the challenge is getting tougher. Fifteen million retirees on Medicare get supplemental health insurance coverage from their former employers–and another 2 million retirees not yet eligible for Medicare receive primary coverage from their former workplaces, according to research by […]

A landmark law at 40: How well is ERISA protecting workers’ retirements?

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Every American who has retired with economic security – or hopes to – should know these two dates in our history: August 14, 1935, and September 2, 1974. The Social Security Act was signed into law by President Franklin D. Roosevelt in 1935, and 40 years ago today President Gerald Ford signed landmark pension reform […]

A chat with Mint.com about retirement planning

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Mint.com has just posted a Q&A with me about about my work, and how I approach covering retirement planning. We talked about how I first became interested in covering retirement, common misunderstandings Americans bring to retirement planning, the Great Recession’s impact on retirement security, strategies for saving and investing and how health care costs figure into […]

Why ‘unretirement’ might be your best retirement strategy

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Chris Farrell has a hot retirement investing tip for you, but it’s not a stock or bond. Farrell wants you to invest in yourself. In his new book, Unretirement (Bloomsbury Press), he argues that developing skills that can help you earn income well past traditional retirement age offers a better return on investment than any financial […]

How to interpret your Social Security benefit statement

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The Social Security Administration will be mailing annual benefit statements for the first time in three years to some American workers. That’s good news, because the statements provide a useful projection of what you can expect to receive in benefits at various retirement ages, if you become widowed or suffer a disability that prevents you […]

How Washington is leading the way on phased retirement

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Gwendolyn Ross will turn 66 in November, but she isn’t ready to retire. A deputy comptroller for the U.S. Coast Guard in Miami Beach, Florida, she hopes to work until she’s 70 – but she would like to cut back her hours. “I have some health issues that require a lot of visits to the […]

Take the pension buyout, or wait for a better deal down the road?

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If you work for a company with a pension plan, don’t be surprised if you get an offer soon for a lump sum buyout – a deal where you accept a pile of cash in exchange for the promise of lifetime income when you retire. The price tag for these offers is especially attractive right […]