When you retire, where will your money come from? The list is fairly short: Social Security, a pension, working, your assets, children, or public assistance.
Tag Archives | Retirement income
Retiring on a million dollars. The idea may evoke images of lavish retirement homes or luxurious travel. But let’s take a closer look at the real lifestyle that $1 million of retirement savings will afford. It’s reasonable to assume a long-term real return, after adjusting for inflation, of 2% on a diversified investment portfolio. At […]
If you’ve ever visited someone in a nursing home, chances are you walked out afterward vowing, “I’m never going to end up in a place like this.” That vow is one most of us would make. Keeping it, however, is another matter. Let’s consider some facts. What are the odds you will live the last […]
Is there anything more important than the overall rate of return you earn on your investment portfolio? Yes, there is. It’s the real rate of return. Over the past five years, even diversified portfolios have earned relatively low returns. Many investors are fearful that this has significantly reduced the income they can expect to receive […]
A reader recently forwarded me an email that began, “Who died before they collected Social Security?” It asked how many people only collected a small portion of what they paid into Social Security because they, or a spouse, died soon after retiring. Then it screamed in all caps, “Where Did That Money Go?” The rest […]