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Thursday, June 28, 2018

This week’s retirement strategies and news


June 28    
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NEWS SPORTS LIFE MONEY TECH TRAVEL OPINION WEATHER
  Personal Finance
 
Annuities are complicated products, and investors sometimes buy them for the wrong reasons.
 
  Should you invest in a retirement annuity? 4 key points to consider  
  Annuities are complicated products, and investors sometimes buy them for the wrong reasons. One expert says the decision largely can be boiled down to four key questions.  
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  columnist      
  Being covered by a pension plan is great, but be sure to know the plan's health before placing all your eggs in its basket.   8 steps to building a better nest egg for your retirement years
Stephen Wendel, head of behavioral science at Morningstar, recently laid out eight changes that could help retirement savers do a better job of building a nest egg.                              
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  Personal Finance      
  Senior couple on a nature walk   No nest egg? Here's how to pull off that retirement plan anyway
Some people have no choice but to retire without any savings. Here's what to do if you're one of them.                              
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  Personal Finance      
  Social Security card embedded in coins.   This key Social Security funding source has already peaked: A Foolish Take
Having climbed through the 1990s and 2000s, interest on the Social Security trust fund hit a peak of $118.35 billion in 2009. Since then, the number has fallen off dramatically, amounting to $85.12 billion in 2017.                              
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  columnist      
  Rhonda Edwards, 63, and her husband Lonnie Jr. Edwards, 67, pose for a photograph at their home in Detroit on Wednesday, June 20, 2018.   Retiring with debt? More Americans are. Here are some strategies
Americans nearing or already in retirement likely have higher levels of debt than past generations. Job cuts and health issues add to struggles.                              
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  Personal Finance      
  San Francisco ranked No. 2 in Dell's study.   San Francisco is the worst US city for you to retire in. Here's why
The Bay Area has it all in terms of high property taxes, health-care costs and living expenses. The median list price of a home in San Francisco is $1.19 million. The most affordable locale is Fort Wayne, Indiana.                              
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  Personal Finance      
  Social Security card inserted in money.   Retirement complications: Beware of hidden taxes when the career ends
Your taxes in retirement may be a lot more complicated than taxes while you’re working. Here’s what to expect when you hit retirement age.                              
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  Personal Finance      
  Achieving your retirement dreams takes planning.   If you're in your 50s, here's how to get serious about planning for retirement
People in their 50s should focus on saving more and eliminating bad debt, financial advisers say. Once you reach the half-century mark, you can put an extra $6,000 in your 401(k) account as a catch-up contribution. This is also a good time to think a                              
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  Personal Finance      
  How do you navigate one of the tricker money issues: aggressively paying down credit card debt, or aggressively saving for retirement?   Credit card debt vs. 401(k) investing: Which should you focus your financial resources on?
Here's how to navigate one of the tricker money issues: aggressively paying down credit card debt, or aggressively saving for retirement.                              
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  Personal Finance      
  Social Security card in a pile of money.   I make $100,000. How much will I get from Social Security?
Here’s what a career six-figure earner can expect each month in retirement benefits and how the benefit-calculation process works so you can apply it to your own unique situation.                              
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  The Day In Pictures Gallery
Thai officers supervise the rescue mission inside Tham Luang Nang Non cave on in Chiang Rai, Thailand. Rescuers battle heavy rain in northern Thailand as they continued the search for 12 boys and their soccer coach who have been missing in Tham Luang

Thai officers supervise the rescue mission inside Tham Luang Nang Non cave on in Chiang Rai, Thailand. Rescuers battle heavy rain in northern Thailand as they continued the search for 12 boys and their soccer coach who have been missing in Tham Luang
 
  Popular Stories
Justice Anthony Kennedy to retire, opening Supreme Court seat for President Trump
President Trump says process to replace Kennedy on Supreme Court will 'begin immediately'
Two Telemundo TV hosts suspended after making racist gestures during World Cup celebration
 
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