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Thursday, May 10, 2018

This week’s retirement strategies and news


May 10    
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  Personal Finance
 
Jar of coins labeled retirement, next to stacks of coins and an alarm clock.
 
  Out of reach? Why women have to save twice as much as men for retirement  
  Women make up about half of the U.S. workforce, own almost 12 million businesses and 40% of women are the breadwinners in their households. And after their careers are over, a woman has to save nearly twice as much of her earnings during he  
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  Personal Finance      
  A Roth IRA gives you tax-free retirement income.   Carrying debt into retirement and past age 75 has become the new normal
Americans are used to making payments on credit cards, mortgages and other types of debt. What's different now is the rising proportion of seniors carrying debt into late retirement years.                              
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  Personal Finance      
  Rochester, MN  Share of population 65+: 14.8%  Fitness centers per 100,000 people 65+: 62.7  Physicians per 100,000 people 65+: 175.1 (top 10%)  Average retirement income: $26,217    Thinking about where to retire? Here are 30 great U.S. cities for older Americans
The U.S. is on the verge of a massive surge of retirement in the coming years. For those millions of retiring Americans who are looking to find a place to live , many considerations in mind. Here is a list of the best cities for older Americans to re                              
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  Personal Finance      
    Risk assessment: Are you comfortable with your target-date retirement fund?
Is your target-date fund the right one for you? It’s a question worth asking, especially as the markets move from a steady upward trajectory to a zigzag line.                              
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  Personal Finance      
  A person holding a Social Security card.   Retirement planning: 7 Social Security "did you know" moments to consider
The American public doesn't know much about Social Security. And while there's a laundry list of things they don't know, the following seven facts stand out most of all.                              
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  Personal Finance      
  Fingers holding a Social Security card   Income threat: 4 mistakes that could slash your overall Social Security benefits
Though Social Security was never designed to sustain retirees by itself, it can serve as a substantial income source. That's why it's crucial to get the most money out of the program as possible.                              
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  Personal Finance      
  Parents lovingly holding and looking at their newborn child.   Analysis: Awful Social Security idea to fund parental leave is gaining steam
The Independent Women's Forum, a conservative think tank, introduced the idea of using Social Security benefits as a means to bolster paid leave following the birth of a child. In return, parents would have to wait longer to claim retired-worker ben                              
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  Personal Finance      
  Young man with money flying out of his wallet   How do you ditch money-draining financial habits? It takes specific solutions
We can typically change the habits that don’t deliver pleasure. Financial habits which bring us joy -- even bad ones -- are a different story.                              
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  Personal Finance      
  Senior couple looking at paperwork   Will your expenses stay the same in Retirement?
The quick answer: Maybe. But you'll need to plan for a variety of scenarios regardless.                              
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  Personal Finance      
  Piggy Bank with retire written on it. Eggs with 401k and IRA written on them, all on top of US cash   Short on cash? Some notes of caution — and tips — about tapping retirement savings
Americans get a regular flow of information about investing in retirement plans. But they also need to pay attention to preretirement withdrawals.                              
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  The Day In Pictures Gallery
President Trump, from left, greets Tony Kim, Kim Hak Song, seen in the shadow, and Kim Dong Chul, three Americans detained in North Korea for more than a year, as they arrive at Andrews Air Force Base in Md., May 10, 2018. First lady Melania Trump al

President Trump, from left, greets Tony Kim, Kim Hak Song, seen in the shadow, and Kim Dong Chul, three Americans detained in North Korea for more than a year, as they arrive at Andrews Air Force Base in Md., May 10, 2018. First lady Melania Trump al
 
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