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Thursday, August 2, 2018

This week’s retirement strategies and news


August 02    
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  Personal Finance
 
Senior couple drinking wine on the couch
 
  Most Americans plan to own homes in retirement, but that might be a mistake  
  Homeownership in retirement certainly has its benefits. It's the unknown costs that come along with it that can throw your finances out of whack.  
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  Personal Finance      
  Senior couple dancing   Planning your finances? Retirement advice for every decade of life
Retirement is a life stage you can save for at any age, and it's never the wrong time to start planning for it. Here, we'll review the various goals you should aim to meet in your 20s, 30s, 40s, 50s, and 60s.                              
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  Personal Finance      
  A person checking the retired box and writing the words, enjoying life, next to occupation.   Pete the Planner: Retirement day here? Enacting your plan requires a bit more planning
A retirement finalization plan consists of four elements: core income sources, a retirement budget, meetings with trusted advisers, and how he should structure the sale of his business to put the icing on his retirement cake.                              
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  Personal Finance      
  Man looking at wall with drawings of money bags and question marks   Low-cost investments are good choices that many don't always make
It's fairly easy to identify and select low-cost mutual funds and other investments, and fees have been declining over the years.                              
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  Personal Finance      
  Jar of coins labeled retirement with a hand adding a coin to the jar. Next to the coins is an alarm clock.   Retirement: Plan to work 2 years longer than you thought, survey suggests
Three of five Americans are “very likely” to work two years longer than they’d like to meet their personal retirement goals.                              
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  Personal Finance      
  An hour glass surrounded by falling cash.   Millennials prefer cash investment over stock market, new survey finds
When asked what is the best long-term investment, 30 percent of millennial (18-37 years-old) respondents said cash.                              
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  Personal Finance      
  Group of young adults around a table full of office supplies   Retirement planning: 3 truths younger workers need to know
Here are a few must-know truths about retirement that you're better off learning sooner rather than later.                              
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  Personal Finance      
  Medicare open enrollment runs from October 15 to December 7.   How have Medicare premiums soared over time? A Foolish Take
For retirees living on a fixed income, it's important to be able to get affordable protection against health care costs. Like so many things related to health care, the cost of those monthly Part B premiums has been on the rise over the past several                               
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  Personal Finance      
  Closeup of senior man with worried expression   Want less money in retirement? These mistakes can shrink your post-work income
Want less money in retirement? Didn't think so. But you'll need to steer clear of these mistakes if you want to avoid that fate.                              
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  Personal Finance      
  401k spelled out in colorful letters next to piggy bank   How to tell if your 401(k) plan is any good
You can compare your plan to others with a few key metrics.                              
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  The Day In Pictures Gallery
A firefighting aircraft drops fire retardant ahead of the River Fire as it burns through a canyon on Aug. 1, 2018 in Lakeport, Calif. The River Fire has burned over 27,000 acres, destroyed 7 homes and stands at 38 percent contained.

A firefighting aircraft drops fire retardant ahead of the River Fire as it burns through a canyon on Aug. 1, 2018 in Lakeport, Calif. The River Fire has burned over 27,000 acres, destroyed 7 homes and stands at 38 percent contained.
 
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