45.9% spend more after they retire

A key factor in determining whether you can afford to retire is estimating how much you will spend in retirement. Experts say most will likely spend less because they have fewer overall expenses as a result of not working. But, not everyone spends less. In a recent study from the Employee Benefit Research Institute, nearly half of […]

Star Wars “Rogue One” Teaser / Trailer

So, I’m working in my office and my son comes in and says, “Dad, I need your attention for a second.” I say, “OK, what’s up?” “I’ll need your computer.” I think, alright. I log out of what I’m working on and slide over my mouse. He then proceeds to sit down, turn up my […]

Get more income for the same money

I have been doing some writing recently about “pooled income” – an idea that has existed in various forms for over 2,000 years – and how this resource may prove to be one of the biggest salvations for the Baby Boomer generation. I looked up some numbers today to run a quick comparison between various alternatives […]

Get back what’s missing from your 401(k)

People often speak nostalgically of the prosperous retirement era that our parents once had and how those days are long gone. But, what made our parents so lucky compared to today? The major difference between then and now was that many of our parents had employer-sponsored “defined benefit” pension plans. Defined benefit pensions offer employees a […]

Are you nervous about relying on the stock market?

Many people who lived through the 2008/2009 stock market bubble are still very nervous about the future of the stock market. Many are especially nervous about relying on the market as a means of reliable support during their retirement years. As well they should be. Most people aren’t aware that there are alternatives to Wall […]

Pooled Income: The secret to getting more out of your retirement savings

One of the hardest things for people to do in retirement is translate nest-egg savings into reliable income that lasts. A way to do so – and generally get back more income per dollar compared to other alternatives – is through “pooled income.” Though entities as commonplace Social Security and defined-benefit pension plans utilize pooled income […]

Who’s Who in the ‘Game of Thrones’ for U.S. President?

Far be it for me to take a break from all my serious financial writing and have any fun. But I couldn’t resist… In a few days (April 24th), HBO’s wildly popular series Game of Thrones kicks off its 6th season. If you haven’t seen the trailer for the new season yet, here it is: […]

Who’s Who in the ‘Game of Thrones’ for U.S. President?

Far be it for me to take a break from all my serious financial writing and have any fun. But I couldn’t resist… In a few days (April 24th), HBO’s wildly popular series Game of Thrones kicks off its 6th season. If you haven’t seen the trailer for the new season yet, here it is: […]

How to generate income in retirement

Most people spend their careers saving and accumulating funds so that one day they can retire. But when retirement finally arrives, a whole new process begins. Economists call it, “the decumulation phase.” This is the process of turning saved or invested assets into regular income. Decumulation is an entirely different animal than accumulation. Paying regular bills by […]

The secret to saving the Baby Boomers

By 2030, the last of the Baby Boomers will reach retirement age. At that time, nearly one in five Americans will be over the age of 65. Many experts predict a retirement crisis will be arriving shortly thereafter. At issue is money… Will Baby Boomers have saved enough? Will the money they have saved last? […]