We have discussed retirement planning in previous a pervious blog that may be seen here. The primary question usually associated with retirement is “Do we have enough money to retire?” Asset levels, income, and anticipated expenses are, of course, prime components to the answer of that question. However, there are
Last year (2013) was a time of significant corporate stock buy-backs. Corporate management used about $750 billion (some of which was borrowed at historically low interest rates) to repurchase shares of their company stock. The last time such levels of buy-backs were done was in 2007—remember what happened in 2008?
Retirement planning involves covering estimated expenses in retirement from known resources. Those resources may include pensions, Social Security benefits, earnings from investments, part-time work, or any combination of the above. Estimating expenses in retirement can be a more “interesting” exercise. Many pre-retirees can make a reasonable estimate of basic living
There is much discussion in Washington these days about “entitlement reform.” An obvious example includes the Social Security system. A question that often arises in this area is “When should I begin to draw my benefits?” That question is critical since the benefits one receives is reduced if taken before
As more baby boomers near retirement the topic of Social Security planning is becoming more prevalent in financial publications like the Wall Street Journal and magazines. Simply put, Social Security planning is evaluating your specific situation to determine the best course of action to take with benefits to meet your