Money Matters - Simplified


You Can't Rely on Your Pension

If you're eligible to receive a monthly pension when you retire, congratulations! You're one of the lucky ones. But that doesn't mean you don't have to protect yourself from what could be a gruesome retirement.

Prepare for a Gruesome Retirement

It's time for some tough love. After all, I want you to have a comfortable retirement doing all the things you've desired.

Maybe you plan to dine in fine restaurants, travel to the Galapagos Islands to see blue-footed boobies, take your grandchildren to Hershey, Pa., to eat chocolate to their hearts' content -- and then come home to your spiffy retirement community.

What a 22% Rally Means for Your Portfolio

There's talk -- a lot of talk -- about the "R" word. That talk revolves around whether we're already in a recession, about to hit one, nearly halfway through one already, and how deep, wide, mild, severe, mentholated, or decaffeinated this particular one is and/or will be.

A Better Way to Live in Retirement

We each have a vision of what we want from our retirement years. Mine involves a lot of travel, maybe on my own by sailboat or small plane, but always starting out from a friendly community of caring neighbors who swap stories over coffee, share fun projects, and help each other out when needed.

Roundtable: Is Your Retirement in Trouble?

By Julie Clarenbach:

Rising health-care and food costs and a slowing economy have hit many Americans in their debit cards -- and their retirement plans. The Employee Benefit Research Institute's annual survey reports that just 18% of workers and 29% of retirees are "very confident" they'll have the resources for a comfortable retirement -- the lowest levels in seven years.

Get Income for Life -- Maybe

You'll have bills to pay for the rest of your life. Will your retirement nest egg last that long?

When you retire, you'll want two things from your retirement savings: regular income to cover your living expenses, and some assurance that your nest egg will last as long as you need it.

Get What You Really Want in Retirement

What do you really want in retirement?

When I think about my retirement, I imagine a series of happy images: summer sun glinting on the water, traveling in my own sailboat or small airplane to faraway places I can explore leisurely, and lots of happy moments shared with friends and family.

Retire in a Hurry

Starting to put money aside toward retirement early in your life helps you build a big retirement nest egg. But if you've waited until your 50s to start thinking about saving for retirement, you're not doomed to a miserable retirement. By taking advantage of some special provisions that only apply to older workers, you can turbocharge your retirement savings when you need it most.

Uh-Oh: Your Retirement Has Been Rescheduled

"The man who has planned badly, if fortune is on his side, may have had a stroke of luck; but his plan was a bad one nonetheless."

-- Herodotus

A Disastrous Retirement Scenario

A Sicilian man recently lost his primary source of income and access to his home. At 61 years old, this was a tough break and, sadly, he needed police intervention to get his life back to normal.