Category: Financial Landing 2014

6/18/2014 - Save Thousands of Dollars by Delaying Retirement Just 5 Years (Main St)

This is not about Social Security. While retirees can draw benefits at age 62, delaying benefits to full retirement age – generally around age 65, depending on your date of birth – will boost your monthly Social Security check. But there is another way to pad your retirement budget, and it’s all about health care.… Read more 6/18/2014 - Save Thousands of Dollars by Delaying Retirement Just 5 Years (Main St)

6/17/2014 - Retirement: Is the 4% solution right for you? (MarketWatch)

There’s nothing simple about figuring out what percentage of your savings you can safely withdraw each year in retirement. You want to avoid outliving your money while also making sure you aren’t unnecessarily frugal. But the “4% rule” appears to offer an elegant solution to a complex question. Read the full article at MarketWatch.

6/16/2014 - Why millennial women don't save (CNBC)

Millennials have it bad, from student loan debt to a sluggish job market to cutting commentary about their arrogance and entitlement. But millennial women have another problem: They aren’t saving, or at least not nearly as much as their male counterparts. Read the full article at CNBC.

6/15/2014 - What to Consider Before Retiring Out of State (Wall Street Journal)

Living in California, I often hear how expensive it is to live here, primarily because of higher taxes. But I’ve started to debunk that myth for my clients, and provide them with some information about what they need to consider before retiring out of state. Read the full article at the Wall Street Journal.

6/13/2014 - How to calculate your personal balance sheet (MarketWatch)

What do you own and what do you owe? To figure out where you stand financially, you need to know your net worth — and yet that number is surprisingly difficult to calculate. Your assets are more than just your home and your investments, while your liabilities extend beyond your mortgage and other debts. Read… Read more 6/13/2014 - How to calculate your personal balance sheet (MarketWatch)

6/12/2014 - Working into retirement: What Washington can do (The Hill)

Seven out of 10 pre-retirees expect to work well into their retirement years, according to a new survey. Washington can adjust to this trend by changing policies that encourage Americans to retire early. Read the full article at The Hill.

6/11/2014 - Few Participants Examine Retirement Health Care Costs (PlanAdvisor)

Nearly three-quarters (71%) of affluent pre-retirees have not determined their most sensible Medicare option. This is according to a report just issued by Cogent Reports, based on a survey of 890 plan participants by Market Strategies International. Read the full article at PlanAdvisor.

6/11/2014 - SEC ‘Drilling Down’ on Compliance Programs; Wedbush a ‘Critical Case’ (ThinkAdvisor)

The Securities and Exchange Commission’s Enforcement Director Andrew Ceresney said Wednesday that the division’s asset management unit and broker-dealer task force has been “drilling down” over the past year on firms’ compliance programs as well as being “very focused” on investment advisory fraud and making sure advisors are fulfilling their fiduciary duties. Read the full… Read more 6/11/2014 - SEC ‘Drilling Down’ on Compliance Programs; Wedbush a ‘Critical Case’ (ThinkAdvisor)

6/10/2014 - Surprise: Even wealthy retirees live on Social Security and pensions (Reuters)

Where do affluent retirees get their income? Portfolios invested in stocks and bonds, you might think – but you’d be wrong. Turns out many are living mainly on Social Security and good old pensions. Read the full article at Reuters.

6/8/2014 - There’s no one-size-fits-all retirement solution (MarketWatch)

Two type of retirees represent the traditional old-world model and account for 50% of those surveyed in Vanguard’s research. These types of retirees rely on Social Security and defined-benefit pensions as their main source of income in retirement. By contrast, new-world retirees fall into four groups, two of which are the risk takers and two… Read more 6/8/2014 - There’s no one-size-fits-all retirement solution (MarketWatch)