Category: retirement

Retirement: How to Manage Required Minimum Distributions While Still Working

By Lisa Gerstner From Kiplinger’s Personal Finance Many workers aren’t ready to retire at the traditional retirement age of 65 and instead continue working into their 70s. While they can postpone retirement, they can’t entirely delay taking Required Minimum Distributions (RMDs) from tax-deferred retirement accounts. If you’re working into your 70s, here’s what you need…


100 Social Security Myths Busted

I’ve just released a new book. It’s called “Social Security: 100 Myths and 100 Facts.” You can get a hard copy of the book for less than 10 bucks at Amazon.com. You can get an electronic version of the book at BarnesAndNoble.com and other online booksellers. Regular readers of this column may recall that I…


The Unsure Future of Social Security and Your Retirement

In the past, Americans looked forward to the day they could retire and collect Social Security. It was something that you could count on because you had been paying for it your whole working life. Now, it seems this staple of life can no longer be counted on in the not-so-distant future. What the Social…


How to Manage Debt in Retirement

If not carefully managed, debt can shackle a retiree, but if carefully managed, debt can also be a powerful financial tool. You can make it work in your favor throughout retirement. However, if you want to make the most of debt advantages, and minimize debt advantages, you need to understand exactly how debt works, and…


Medicaid Help for Those Who Need Long-Term Care

By Elliot Raphaelson The Center for Retirement Research at Boston College (CRR) regularly reports on the needs of older Americans, including healthcare and long-term care. In this column, I’ll discuss some findings of a CRR research brief titled, “Who will have unmet long-term care needs and how does Medicaid help?” The brief states that 25…


Annuities: Types and Examples

Whether you know it or not, you’ve at least heard the word “annuity” thrown around. Unconvinced? You’ve probably encountered annuities in the following instances: Defined benefit pensions. Defined benefit pensions guarantee specific benefits upon retirement. Employers can administer pensions in the form of a lump sum or lifetime annuity. Due to the fact that these are deposits to banks, the…


Roger Federer Retires After Teaming With Nadal in Last Match

LONDON—This day, this match, had to come, of course, for Roger Federer, and for tennis, just as it inevitably must for every athlete in every sport. Federer bid adieu Friday night with one last contest before he heads into retirement at age 41 after a superlative career that spanned nearly a quarter-century and included 20…


Roger Federer Bids Farewell in Last Match Before Retirement

LONDON—This day, this match, had to come, of course, for Roger Federer, and for tennis, just as it inevitably must for every athlete in every sport. Federer was bidding farewell Friday night with one last contest before he heads into retirement at age 41 after an illustrious career that included 20 Grand Slam titles and…


Roger Federer Bids Farewell Alongside Nadal in Last Match

LONDON—This day, this match, had to come, of course, for Roger Federer, and for tennis, just as it inevitably must for every athlete in every sport. Federer was bidding farewell Friday night with one last contest before he heads into retirement at age 41 after an illustrious career that included 20 Grand Slam titles and…


Roger Federer’s Last Match Is Doubles Loss With Rafael Nadal

LONDON—This day, this match, had to come, of course, for Roger Federer, and for tennis, just as it inevitably must for every athlete in every sport. Federer bid adieu Friday night with one last contest before he heads into retirement at age 41 after a superlative career that included 20 Grand Slam titles and a…