This weekend’s recommended reading on retirement

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Here’s a quick look at articles that have caught my eye in the past week: The Risks and Rewards of Self-Managing Investment Portfolios. There are good reasons for retirees to manage their own financial lives: Saving money on fees is one benefit, and more closely aligning investments with personal goals is another. John Wasik/The New York […]

Supreme Court 401(k) ruling latest shift in favor of retirement savers

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Doing the right thing by retirement savers – could it be the new black? The U.S. Supreme Court ruled this week that employers have a duty to protect workers in their 401(k) plans from mutual funds that are too expensive or perform poorly. The landmark ruling – which was unanimous, sends a strong signal to […]

New thinking about the use of debt in retirement

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“Neither a borrower nor a lender be,” Shakespeare’s Polonius advised his son in Hamlet. Tom Anderson disagrees. Anderson, a wealth manager at Morgan Stanley, is the author of The Value of Debt in Retirement (Wiley) and challenges the conventional wisdom that the best retirement plans shed as much debt as possible – of any kind. […]

Retirement investors need patience as bond market wavers

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With bond markets in turmoil, what is a 401(k) investor to do? Probably not much. Retirement investors have enjoyed the best of both worlds these past two years: a bull market in both equities and bonds. But the bond market has been weathering volatility and sharp declines since late April, with prices falling and yields […]

Are we headed for a one percent phenomenon in longevity?

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Could the one percent soon get to live twice as long as the rest of us – maybe even forever? Immortality may not be in the cards just yet, but exponential breakthroughs in technology and medicine will make possible lifespans of 150 years or more, according to Ken Dychtwald. Dychtwald, a pioneering expert on gerontology, […]

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Age in place or make a move? AARP tool helps you score your neighborhood

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Should you stay or should you go? It’s going to be a key question in an aging America, as people try to decide if their homes and communities still work for them as they grow old. And now there’s an online tool that can help with answers. AARP just released a free Livability Index that […]

Advice about maximizing Social Security from the guy who wants to end it

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I had a chance today to hear Larry Kotlikoff speak about his best-selling book Get What’s Yours: The Secrets to Maxing Out Your Social Security. Kotlikoff is a professor of economics at Boston University and founder of Economic Security Planning, Inc, a financial software company that created MaximizeMySocialSecurity.com, one of a handful of premium software tools for optimizing […]

How healthcare changes seniors’ inflation math

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There’s been no sign that inflation is heating up along with the economy, and that may tempt people planning for retirement to be complacent about inflation risk. But it’s important to remember that the inflation rate experienced by seniors is higher than that of the overall economy. From 1985 to 2014, the Consumer Price Index […]

Survey finds an unfounded rise in retirement confidence

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Denial is the first emotional stage of grief – and that may be where Americans are at right now in their attitudes about retirement security. The 2015 edition of the longest-running national survey of retirement confidence, released today by the non-profit Employee Benefit Research Institute (EBRI), reveals a second consecutive annual jump in the percentage […]

New strategies for covering long-term care costs

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You’ve heard the scary statistics: About two thirds of Americans will need long-term care. The average annual cost of a private room in a nursing home is $87,600; the length of stay can run three years or more. Do a few quick calculations, and it’s easy to get very worried about the potential financial impact […]

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