Browsing Tag
Retirement Planning
353 posts
Retirement planning is the process of strategically managing your finances to ensure you have enough money to support your desired lifestyle after you stop working full-time. It involves setting financial goals, estimating expenses, and creating a plan to accumulate enough savings through various investment and savings strategies. Essentially, it’s about preparing for a financially secure and comfortable retirement.
High Anxiety: Americans Confronted by a Looming Retirement Income Shortfall
You might remember that the World Economic Forum recently estimated that 65-year-old Americans could outlive their retirement savings…
Self-Employed in Retirement Planning Denial?
Retirement is on the back burner for a majority of the self-employed population, and most aren’t utilizing tax-advantaged…
Financial Stability the Key to Happiness, Confidence?
Northwestern Mutual study finds nothing makes people happier or more confident in life than financial stability, yet most say planning needs improvement.
Behavioral Biases Affect Advisors, Too
Advisor behavioral biases like overconfidence and regret avoidance shape decisions. Awareness helps strengthen advisor-client relationships.
Is Financial Stress the New Smoking?
Having less stress in our lives generally has a positive impact on health, but what about reducing financial…
‘Divide and Conquer’ Approach to Managing Finances Fails Women
Women are not taking an equal role to men in planning their financial futures, and research shows it…
3 Steps to Better Tax Treatment of Missing 401(k) Funds
What happens when 401(k)s are orphaned by employees? Like any other unassigned assets, they’re transferred to the states…
Serenity Now! How 401(k) Plan Participants Behaved in 2018
Participants get it, and should give themselves (or their 401(k) advisors) a pat on the back.x They stayed…
Would Illiquid Assets in 401(k)s Be Crazy or Constructive?
It’s difficult enough to get plan sponsors and participants covered, educated and invested in retirement saving through the…
8 Tedious Tasks 401(k) Plan Sponsors MUST Complete
Tedious tasks are “have to do,” rather than “want to do.” For me, it’s usually cleaning the bathroom…