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Thursday, July 12, 2018

This week’s retirement strategies and news


July 12    
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  Personal Finance
 
Timing your retirement right is a key factor to consider.
 
  South Dakota is best overall for retirement? New Bankrate.com survey thinks so  
  A Bankrate.com study finds the best and worst states to spend retirement based on health care, living expenses, weather, crime and well-being.  
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  Personal Finance      
  As people prepare for retirement, they also need to consider the potential out-of-pocket health-related expenses they may face in their retirement.   Reality check: Social Security will survive, but will it be enough?
Many Americans think Social Security will disappear in about 15 years. The good news: It will continue longer than that. But there's bad news, too.                              
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  Personal Finance      
  A small pile of Social Security cards messily stacked on each other.   Analysis: The must-read Trump quote on Social Security's future
Despite plain-as-day problems, America's most important social program is unlikely to be fixed anytime soon.                              
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  Personal Finance      
  A scale roughly balanced with coins on both sides.   Why more people should probably use pre-tax retirement accounts instead of Roths
Anyone saving for retirement has probably had to decide between saving in a Roth account versus a traditional retirement account. It's not about your income, it's about your tax rate.                              
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  Personal Finance      
  How couples can marry clashing investment styles   Can't agree on investing style? How couples can marry their financial goals
Some couples don’t discover their investing style differences until they fester into conflicts. You can avoid discord by bringing financial topics into the open, finding common ground and compromising. Here are some typical investment-style cla                              
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  Personal Finance      
  a dollar folded into a heart shape and then cut almost in half, looking like a broken heart   Retirement risk: Divorce is almost as bad for your savings as the Great Recession was
When all is said and done, ending a marriage can be almost as destructive to your retirement savings as the Great Recession was, according to new findings from the Center for Retirement Research at Boston College. You can still leave your retirement                               
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  Personal Finance      
  Glass jar with rolled-up bills and coins labeled 401K   This was the average American's 401(k) balance last year. How do you compare?
New data from Vanguard, however, tells us that the average 401(k) balance among their participants was $103,866 last year. At first glance, that might seem like a decent chunk of savings. But in reality, it's not a whole lot.                              
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  Personal Finance      
    Retirement planning: Go abroad and you can live nicely on just $30,000 a year
More and more retirees are considering moving abroad. Here are five places where the cost of living is low, really low.                              
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  Personal Finance      
  Doctor examining senior male patient.   Medicare benefits: 7 frequently asked questions
Medicare covers, or will eventually cover, virtually all American workers, but this massive healthcare program isn't well understood by millions of people. Here are seven things all Americans should know about Medicare.                              
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  Personal Finance      
  A hand filling out a Social Security benefit application form, next to a pair of reading glasses and a calculator   You're probably approaching your Social Security claiming decision all wrong
There's perhaps no decision that's more important for retirees than their Social Security claiming age. Being shortsighted could wind up costing you a lot of money.                              
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  The Day In Pictures Gallery
Consuello Jessop, of Providence, R.I., photographs the sunrise at Ocean Park in Old Orchard Beach, Maine.

Consuello Jessop, of Providence, R.I., photographs the sunrise at Ocean Park in Old Orchard Beach, Maine.
 
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Kelly was upset about the food at NATO breakfast, not Trump Germany remark, Sanders says
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