Retirement planning is the process of determining how much you will need to save and invest in order to have enough money to live on during retirement. It involves setting goals, analyzing your current financial situation, and making a plan to help you reach your retirement goals.
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As discussed in prior posts, the key to successful retirement planning is to annually determine your Funded Status, monitor it from year to year and Adjust spending when your Funded Status falls outsi...
There’s been a lot of hype and media attention around pursuing and achieving FIRE (Financial Independence, Retire Early). But there ... Read more...
A day after three amendments including 403(b) plan parity and e-Delivery fixes were passed,…...
I always had it in my mind that I would retire at age 65, but recently since my portfolio values are way up, I've been asking... is that really necessary? Can I bag it early? I'm really sick of workin...
In this episode we continue to compare and contrast retirement planning today vs. retirement planning in “the good old days”. Glenn is available for in person and online meetings if you'd ...
For high-net-worth families, there are financial planning strategies to take advantage of today before the rules change....
A sometimes-overlooked measure of the 2022 law could put free money into millions of workers' retirement plans....
Master of Change by Brad Stulberg. I read this book a few months ago. It is a mixture of old philosophy & new psychological research on how to deal with change. I found it invaluable. I'm retiring...
Many are familiar with Medicare Advantage HMO and PPO plans, but there are 3 plan types that aren’t as well known....
Hello. I am 7 weeks away from what I plan to be my last day at my very corporate and very stressful job. My manager is not the easiest to work for and I feel like I’d feel way less stressed w th...
The CTA is a federal law that took effect on January 1, 2024. It may have implications for your estate plan....
Here is a list of questions your financial advisor should ask for you to maximize your Social Security benefits and determine your overall financial goals....
Key: You should determine your Funded Status annually and monitor it from year to year. Why? Your Funded Status is a summary statistic that reflects actual experience and can keep you on track to meet...
I see a lot of people here asking if they can retire, or saying they've asked their advisors if they can retire. It seems to me that they might be missing a valuable retirement planning tool: a budget...
Over the next two episodes we'll explore this question as we compare and contrast retirement planning today vs. retirement planning in “the good old days”. Glenn is available for in person...
We are consolidating our properties with plans to buy or build our last home. We are in our early sixties. One of the features we are considering is whether or not we want a salt water pool. We live i...
401(k) hardship withdrawals are on the rise, but NEW employer emergency savings accounts could help stem tide. By Tamara E. Holmes. Published February 28, 2024. https://www.aarp.org/retirement/plannin...
How important was the 1974 legislation compared to other factors? This year is the 50th anniversary of the Employee Retirement Income Security Act of 1974 (ERISA), so Yale Law School professor John La...
You are responsible for your finances in retirement and need a plan that works. The Actuarial Approach, with its Funded-Status-focused process can help you: Grow your assets, Protect your assets, Spen...
Many who approach retirement view it as the ultimate goal, but you could have 30+ years to experience the retirement you've worked to build. While much of retirement planning is focused on the numbers...
Hey everyone! Have you been to Japan? We visited in 2010 and had a fantastic time. It was our last international trip before we had a kid. Travel was so much easier and carefree back then. We visited ...
I’m 68, single and have a healthy retirement portfolio with no debt and live in an apartment. I plan to quit working in December. I have one daughter, son-in-law and grandson in Colorado, anothe...
Three plan participants received $1,000 and the title of 401(k) Champion...
Providers say working strategies now in place for guaranteed income solutions to start…...
We did it when my kids were young, but I was most concerned with who would care for them than anything else. The rest of it was noise to me, though my spouse was there to make decisions. They are olde...
Only a handful seem like logical candidates, with big banks topping the list. IBM announced last November that it would no longer contribute a traditional company match and insteadreopen the cash bala...
Earlier this week, I wrote of the news that IBM was reopening its defined benefit (DB) plan. This column follows up with employee context....
You don't want to say “Oops” when it comes to your retirement plan! On this episode we discuss a number of important issues that have the potential to create real problems if not addressed...
The solo years are critical to retirement finances, yet few retirement plans provide for the important changes of that period....
If you (or your financial advisor) aren’t planning for non-recurring expenses in retirement, you probably don’t have a realistic retirement plan. If you use a Strategic Withdrawal Approach...
IBM is known for being a leader and changemaker in retirement funding. Is IBM reversing the decades-long trend of corporates moving from traditional DB pension plans?...
When planning for your retirement, there are a variety of things to consider in addition to how much you might ... Read more...
Check out Jeremy’s latest podcast on retirement planning by listening on “Apple Podcasts” or “Spotify Podcasts” or read below for The Health Tests You Need in Your 40s, 5...
A recent law allows tax-free rollovers from 529 plans to Roth IRAs, but there are hurdles to be cleared....
Retirement planning is not the complicated problem that you imagine. It's complex. Here's why that distinction matters....
The hurdles seem quite challenging. We just released a report that explores the possibilities and limitations of Multiple Employer Plans (MEPs) to improve coverage in employer-sponsored retirement pla...
A study released today by Vestwell finds that 89% of participants would be more likely to…...
Recoveries made through enforcement efforts, informal complaint resolutions...
The report was created to address a “significant lack of attention” and understanding of…...
Twenty-five percent of asset owners say they're planning to create a formal net-zero…...
Thebrief’skey findings are: IBM has reopened its defined benefit plan to use the plan’s surplus – rather than corporate cash – to fund retirement contributions. This shift has ...
Are you considering passing down your assets to the next generation? Explore effective strategies for transferring your wealth, initiate the estate-planning process, and discover how estate planning c...
We spend a lot of time on Keen on Retirement discussing how retirement is changing, from new laws and rules to generational shifts in how seniors work and live. But one constant in the retirement plan...
Will kids ruin your plan to FIRE? (Financial Independence Retire Early) Kids can be expensive, but don’t let that stop you. They might change your plan a bit, but FIRE won’t be out of reac...
Affordable housing, mild summers and friendly small towns draw retirees to the Great Lakes State. By Patrick J. Kiger. Published November 08, 2023. https://www.aarp.org/retirement/planning-for-retirem...
My wife and I have no kids or family. What should we be thinking about and planning differently than if one had a big family? We have a will and the packet that goes along with that. I was hoping to f...
The company has stopped making contributions to 401(k) accounts, and instead gives workers cash credits in a new version of its old pension plan....
As we make our way through winter, we have a little fun in this episode by comparing how making a snowman can be like building a sound financial plan. Glenn is available for in person and online meeti...
Looking to retire in a year or two and planning to sell my home with stairs in a high tax community for a ranch-style home in an area of lower property taxes. I like the idea of living in the country ...
It's not part of regular Medicare, but a lot of Medicare supplements and Advantage plans offer silver sneakers for various gym memberships. I recently signed up for Planet Fitness for free. Silver sne...