Spending in Retirement
Learn how to best work with clients to determine their optimal retirement spending plan.
Time for Long-Term Care Insurance?
By Ed McCarthy, CFP, RICPIf a client's assets are worth considerably less than they were a year ago, can the client still cover the expense of long-term care without depleting those assets too rapidly? If not, the retirement income plan may need LTC insurance.
June 08, 2009
Half of boomers have a $1.5 million retirement income gap to fillAbout 50 percent of boomers aged 55 to 63 have saved less than $500,000 for retirement. Most believe they'll need $2 million. Still, 30 percent of...
June 04, 2009
Beyond five years into retirement, boomer confidence plummetsIf retirement were to last only five years, boomers could feel much more secure. Fifteen years or more, and less than a quarter of them...
June 04, 2009
Bring back the passbookYet another (oh, about the millionth) sign of the times. According to Karen Blumenthal in The Wall Street Journal, "the dowdy savings account is making...
June 04, 2009
Work until you dieWe point to the indispensable Jerome Corsi and his Red Alert newsletter, who found that before the recession about 15 percent of the 78 million...
June 04, 2009
Insecure, caring, confident and suspiciousTalk about a complicated bunch. Steve Howard, author of "Boomer Selling," details the following boomer consumer characteristics. Everything under the sun had been written about...
June 04, 2009
So much for civilized debateSaw Karl Rove debate General Wesley Clark at the TD Ameritrade conference. A raucous affair, to say the least. Catcalls from the crowd, audience members...
June 01, 2009
Boomer unemployment triggering Social Security applicationsStruggling to bridge income between jobs, an increasing number (more than expected) of eligible baby boomers are signing up for Social Security. Social Security applications are...