Retirement

Will It Rain During Retirement?

Perhaps you have a strategy that satisfies your retirement income needs and leaves some money left over. Have you also taken the time to prepare for the unknown?

Unforeseen medical expenses can rain down at any time and flood your retirement with overwhelming debt and stress. Although you can’t control if or when a rainy day will happen, you can control how much coverage your umbrella provides.

3 Investing Errors that Can Crush Your Retirement Savings

If you're consistently saving a double-digit percentage of your income for retirement, then congratulations. You've taken a huge step toward ensuring that you'll have a comfortable retirement. However, it's only the first step; the next is to grow your money so it will be enough to support you when you're no longer working. If you're making any of these common errors, then you may come up short despite your diligent saving. Please know that these are only generally examples of some common potential errors and these examples do not apply to everyone.

Fiduciary Rule Offers Enhanced Standard of Care for Consumers

Until now, most conversations about the Department of Labor’s fiduciary rule have centered on how it will affect those who work in the financial services industry. Now that it’s being implemented (initial implementation kicked off on June 9, 2017), some of that focus should finally turn to its impact on consumers.

6 Cost Saving Tips for Travelling in Retirement

If you saved all your working days to live the retirement of your dreams, you probably want to travel — and to experience the best hotels, meals, and adventures while you're on the road. In fact, traveling is the number one goal of retirees, even more than spending time with friends and family, according to a poll from the TransAmerica Center for Retirement Studies. But instead of blowing the bank, you likely want to spend your money wisely to ensure many great trips to come. Here are some smart ways to save — as well as savvy ways to spend — as you tour the world.
 

4 Lessons Grandparents and Grandchildren Can Learn Together

If you're a grandparent, maintaining a strong connection with your grandchildren is important, but that may become harder over the years as they leave for college or become busier building their careers and families. While they're just starting out financially, you have a lifetime of experience. Although you're at opposite ends of the spectrum, you have more in common than you think. Focusing on what you can learn together and what you can teach each other about financial matters may help you see that you're not that different after all

Debunking 7 Common Retirement Myths

When it comes to retirement, there is no shortage of conventional wisdom on everything from the ideal age to retire and the idea that Medicare and Social Security will take care of you in your golden years. Some of these myths, however, are simply wrong. If you’ve gone through the years following these retirement myths, it’s important that you read this.