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Thursday, August 9, 2018

This week’s retirement strategies and news


August 09    
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  Personal Finance
 
A piggy bank wearing glasses and atop a stack of books in front of a blackboard on which is written that dollar signs added together equal retirement
 
  How long will $1 million last you in retirement? Report says it depends on the state  
  When it comes to retiring, where you live can make or break your golden years. GoBankingRates compared how long $1 million in savings would last in each state. That amount would stretch over 25 years Mississippi but less than 12 years in Hawaii.  
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  columnist      
  At Brooklyn College in New York.   7 ways to help grandchildren with college tuition
7 ways to help grandchildren pay for college                              
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  Personal Finance      
  Social Security card   Social Security fraud: How do you protect against benefit theft?
Social Security fraud has been a glaring problem for a long time. If you have reason to believe your Social Security benefits have been stolen, you'll need to take action right away. Otherwise, you risk losing out on money that's rightfully yours.                              
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  markets      
  The top analyst upgrades, downgrades and other research calls from Wednesday include Broadcom, China Life, Crocs, Eli Lilly, Lockheed Martin, Philip Morris, Rio Tinto and Spotify.   Bull market looking shaky? Consider these portfolio changes
The good times just seem to keep going on, but history says it can't go on forever. Consider some changes for a creaky bull market.                              
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  Personal Finance      
  Many older Americans wonder whether they need life insurance in retirement. As with many things in the world of personal finance, the answer depends on the facts and circumstances.   Do you have enough life insurance? Pete the Planner now thinks he needs more
Up until this week, I’ve enjoyed the peace of mind that comes with purchasing the right amount of life insurance to protect the financial interests of my family. I decided to take a closer look at this part of my financial plan. I’m prett                              
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  Personal Finance      
  Man typing on a laptop   Retirement planning: Can I open a SEP IRA if I have a side hustle?
SEP IRAs come with generous contribution limits. But does working a side gig render you eligible to fund one?                              
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  Personal Finance      
  A person filling out a Social Security benefits application form.   3 ways to boost your Social Security benefits in your 60s
It's not too late to increase your take-home from America's most important social program.                              
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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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  The Day In Pictures Gallery
People watch the sun set at Porth beach on the first day of the annual Boardmasters festival in Newquay in Cornwall, England. The competition has been held since 1981 and is now part of a larger five-day surf, skate and music festival.

People watch the sun set at Porth beach on the first day of the annual Boardmasters festival in Newquay in Cornwall, England. The competition has been held since 1981 and is now part of a larger five-day surf, skate and music festival.
 
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