Retirement

How proactive retirement planning turns savings into a retirement paycheck – KTAR.com

Financial Planning, Retirement

For decades, Americans are encouraged to work, save and build a retirement nest egg. But when retirement finally arrives, the focus shifts from accumulating money to figuring out how to use it.

According to Matt Dages, founder and CEO of Bright Wealth Management, that transition is one of the most overlooked parts of retirement planning.

“That transition is widely overlooked in the aspect of tax planning and income planning and what changes when you start going from collecting a paycheck every two weeks, once a month, whenever you’re getting paid, to then all of a sudden you have to create your own paycheck on a regular basis from your investments

Source: How proactive retirement planning turns savings into a retirement paycheck – KTAR.com

How proactive retirement planning turns savings into a retirement paycheck – KTAR.com Read Post »

a man standing on top of a lush green hillside next to the ocean

Best Hobbies to Take Up in Retirement for a Fuller Life

Lifestyle, Retirement

If you’re getting ready to retire—or if you’ve already made the big leap—falling into the rhythm of a new routine can take a while. A sudden bounty of free time, even if it’s long-planned, might leave you feeling a little unmoored.

While sitting back and enjoying a well-deserved rest matters, taking up a new hobby (or rediscovering an old one) can inject joy and fulfillment into your life, sometimes in unexpected ways. 

Source: Best Hobbies to Take Up in Retirement for a Fuller Life

Best Hobbies to Take Up in Retirement for a Fuller Life Read Post »

You Don’t Have to Suffer to Retire Well — 5 Things the ‘Deprivation’ Crowd Gets Wrong

Behavioral Finance, Financial Planning, Retirement

Kevin O’Leary has some retirement advice making the rounds again: start practicing being poor. “Lose the car. Lose the cable. Maybe even lose the cat,” the Shark Tank star wrote. His logic? “Get used to deprivation before you’re deprived.” (1)

I’ve been a CPA since 1981, with more than four decades of running retirement numbers behind me. I’m also 71, and we have two cats: Jagger and Sargent Pepper. Neither of my fluffy friends is going anywhere —

Source: You Don’t Have to Suffer to Retire Well — 5 Things the ‘Deprivation’ Crowd Gets Wrong

You Don’t Have to Suffer to Retire Well — 5 Things the ‘Deprivation’ Crowd Gets Wrong Read Post »

The Missing Piece of Retirement Planning: Why Your Health May Be Your Greatest Financial Asset

Health & Fitness, Lifestyle, Retirement

FREDERICKSBURG, Va., Aug. 11, 2026 /PRNewswire/ — According to the Pew Research Center, only around 26% of US adults feel very confident that they will have enough income and assets to last throughout their retirement years. People are used to getting a lot of information about retirement planning that focuses on the numbers, but rarely about what an incredible asset good health can be.

Source: The Missing Piece of Retirement Planning: Why Your Health May Be Your Greatest Financial Asset

The Missing Piece of Retirement Planning: Why Your Health May Be Your Greatest Financial Asset Read Post »

Woman protests with sign: "hands off my social security".

Senators introduce bipartisan plan to tackle Social Security insolvency – CBS News

Financial Planning, Retirement, Social Security

A bipartisan group of senators introduced a bill on Tuesday designed to shore up Social Security’s finances in the coming decades and prevent future benefit cuts for the 70 million Americans who rely on the program.

The bill comes after last month’s annual Social Security trustees’ report projected that the program’s retirement trust fund could become insolvent by 2032, earlier than initially forecast. If that occurs, it would trigger a 22% across-the-board benefit cut

Source: Senators introduce bipartisan plan to tackle Social Security insolvency – CBS News

Senators introduce bipartisan plan to tackle Social Security insolvency – CBS News Read Post »

How Wealthy Retirees Can Overcome Their Fear of Spending | Kiplinger

Behavioral Finance, Financial Planning, Retirement

Some of the most financially anxious retirees aren’t the ones who failed to save. They’re the ones who did almost everything right.

They built the portfolio, paid off the home, delayed gratification and made thoughtful decisions for decades. Then retirement arrives, and something surprising happens: The spreadsheet says they’re secure, but they still don’t feel free.

Source: How Wealthy Retirees Can Overcome Their Fear of Spending | Kiplinger

How Wealthy Retirees Can Overcome Their Fear of Spending | Kiplinger Read Post »

How Long Does It Take A Make Friend In Retirement?

Health & Fitness, Lifestyle, Retirement

Most investors understand that wealth compounds over time. What fewer people appreciate is that friendship does, too, and the return on that investment may be just as consequential for a fulfilling retirement.

As a wealth manager and retirement researcher, I spend a great deal of time analyzing what separates the happiest retirees from those who struggle. The answer isn’t always a bigger portfolio. It often comes down to community. The data are clear,

Source: How Long Does It Take A Make Friend In Retirement?

How Long Does It Take A Make Friend In Retirement? Read Post »

A man sitting at a desk using a cell phone

5 Money Moves to Make Now If You Want to Retire in 10 Years | Morningstar

Behavioral Finance, Lifestyle, Retirement

Valentina Djeljosevic: Hi, I’m Valentina Djeljosevic. Welcome to the second episode in a new miniseries for Morningstar called Your Retirement Countdown. In this four-part series, we’re sitting down with Christine Benz, Morningstar’s director of personal finance and retirement planning.

We’re talking about the key things you need to do to retire comfortably based on how far away your retirement start date is, whether it’s 25 years away, five years away, or just one year away. In today’s episode,

Source: 5 Money Moves to Make Now If You Want to Retire in 10 Years | Morningstar

5 Money Moves to Make Now If You Want to Retire in 10 Years | Morningstar Read Post »

The ‘Shadow’ in Evolution That Explains Why Long Life Comes at a Cost : ScienceAlert

Health & Fitness, Retirement

The world’s population is shifting. We’re living longer than ever before, with elderly people taking up a greater proportion of the people on the planet.

And yet those extra years aren’t necessarily being enjoyed in good health.

So how do these shifts interact with what we know about genetics and evolution? How might old age – a relatively recent concept, in the history of Homo sapiens – change our species?

And is the association between getting older and being less healthy inevitable?

Source: The ‘Shadow’ in Evolution That Explains Why Long Life Comes at a Cost : ScienceAlert

The ‘Shadow’ in Evolution That Explains Why Long Life Comes at a Cost : ScienceAlert Read Post »

white concrete building

This State Was Just Named Best in the U.S. for Retirement—and No, It’s Not Florida or Arizona

Retirement

Retirees (and those approaching retirement age) face plenty of decisions—how to spend all that increased free time, where to plan the next unforgettable trip, and the best place to call home for the next several years. One of those questions is a bit trickier than the others to answer, and has a greater impact on all the other choices you make for your retirement years.

Among the many factors to consider when contemplating a retirement relocation: the local quality of life, access to excellent health care, and overall affordability based on your personal financial situation.

Source: This State Was Just Named Best in the U.S. for Retirement—and No, It’s Not Florida or Arizona

This State Was Just Named Best in the U.S. for Retirement—and No, It’s Not Florida or Arizona Read Post »

Map Reveals Top States Retirees Are Choosing Over Florida in Growing Trend – Newsweek

Lifestyle, Retirement

A growing number of retirees who once flocked to Florida for sun and savings are now heading back north—but not all the way. This demographic shift, frequently termed a “halfback” move, is redirecting older populations toward more temperate and affordable destinations including the Carolinas, Georgia, and Tennessee, according to data from Realtor.com.

The shift marks a notable change in a decades-old

Source: Map Reveals Top States Retirees Are Choosing Over Florida in Growing Trend – Newsweek

Map Reveals Top States Retirees Are Choosing Over Florida in Growing Trend – Newsweek Read Post »

a woman holding her head in her hands

Investor’s $99,000 Retirement Savings at Risk After Life Insurer Collapse – AOL

Financial Planning, Retirement

When it comes to retirement, many people say that their biggest fear is outliving their savings. However, one woman’s recent experience has unlocked a whole new terror for me, after she says that her $99,000 investment into a private equity-owned life insurer hangs in the balance after the company collapsed.

Now she, and 100,000 other policyholders, are waiting to see

Source: Investor’s $99,000 Retirement Savings at Risk After Life Insurer Collapse – AOL

Investor’s $99,000 Retirement Savings at Risk After Life Insurer Collapse – AOL Read Post »

Spending shock

How spending shocks affect retirement planning

Lifestyle, Markets, Retirement

Market performance tends to dominate the conversation about risks to a retirement plan. But spending shocks can also curb a retirement portfolio’s longevity. In Morningstar’s research, we examined the implications of two major types of spending shocks: unanticipated early retirement and uninsured long-term care expenses at the end of life. The former may necessitate spending over a longer period, often with higher healthcare costs in the pre-Medicare years, while the latter can translate into an effective “balloon payment” toward the end of life.

Early retirement — before the standard age of 65 — is an increasingly common scenario.

Source: How spending shocks affect retirement planning

How spending shocks affect retirement planning Read Post »

These Underrated Midwest Cities Are Among the Best Places to Retire Thanks to Affordability and High Quality of Life

Lifestyle, Retirement, Travel

As more current and future retirees see their budgets squeezed by rising housing and living costs, the Midwest has become a popular destination for older adults looking for affordability. In its annual report, Investopedia highlighted the 25 best retirement cities in the Midwest, which the publication explains offer lower everyday expenses than those in coastal areas.

And while the region encompasses 12 states, this year’s ranking is dominated by five: Illinois, Iowa, South Dakota, Wisconsin, and Michigan. Investopedia prioritized several factors in determining the winners, with affordability and cost of living carrying the most weight,

Source: These Underrated Midwest Cities Are Among the Best Places to Retire Thanks to Affordability and High Quality of Life

These Underrated Midwest Cities Are Among the Best Places to Retire Thanks to Affordability and High Quality of Life Read Post »

brown wooden bench under green tree during daytime

Nobody talks about why so many retired people suddenly care deeply about things that seem trivial – the garden, the bird feeder, the perfect sourdough – but psychologists say these aren’t hobbies, they’re the first projects in decades where the only metric of success is personal satisfaction – VegOut

Lifestyle, Retirement

After decades of being measured by test scores, performance reviews, and others’ expectations, retirees are discovering the radical freedom of caring deeply about things—garden stones, bird feeders, sourdough starters—that matter to absolutely no one but themselves.

Source: Nobody talks about why so many retired people suddenly care deeply about things that seem trivial – the garden, the bird feeder, the perfect sourdough – but psychologists say these aren’t hobbies, they’re the first projects in decades where the only metric of success is personal satisfaction – VegOut

Nobody talks about why so many retired people suddenly care deeply about things that seem trivial – the garden, the bird feeder, the perfect sourdough – but psychologists say these aren’t hobbies, they’re the first projects in decades where the only metric of success is personal satisfaction – VegOut Read Post »

Scroll to Top