Uncle Sam wanted Ann Vande Vanter—and he might want you, too if you’re over age 50. After a 30-year career as an accountant in the private sector, Vande Vanter was hungry for a change. She had worked for several big global audit firms and corporations; the hours were long but the pay was good and [...] [read full article…]
You’ve done a good job saving for retirement. You’ve got your living expenses covered, with something left over for some travel and fun. Just one thing: Did you remember to plan for long-term care? It’s no fun to talk about, but the unfortunate truth is that many of us will have a need for long-term [...] [read full article…]
The Roth IRA is celebrating its 10th birthday this year. Brought into this world by the Taxpayer Relief Act of 1997, Roths were first brought to market in 1998. Since the legislation was passed in early August, it’s a good time of year to blow out some birthday candles and take a look at how [...] [read full article…]
If you’re worried about achieving financial security in retirement, there’s a simple solution: Work a little longer. Most people say they don’t plan to retire until they turn 65. But that’s not what we’re actually doing. More than half of Americans actually retire at age 62–even though it’s not usually the best decision. Working even [...] [read full article…]
Think you’ve got a pretty good handle on planning for retirement? I doubt it. The MetLife Mature Market Institute recently published results of its Retirement Income IQ Test, and the results were just awful. Metlife—the insurance company’s research and education arm—surveyed more than 1,200 people who are five years away from retirement age on 15 [...] [read full article…]
