Retirement Watch Weekly
Thoughts of Extreme Savers
Forbes.com has a new e-book in which it interviewed extreme savers to learn their secrets and methods. This article summarizes some of the key points of the book. It’s interesting, even if you don’t want to go as far as these people do, many of whom are retired or plan to retire before 40. “Saying […]
Leaving Unequal Inheritances to Heirs and Beneficiaries
Many people don’t even want to talk about leaving unequal inheritances to the younger generation, but a recent paper found that unequal inheritances occur more often than most people think. The paper identified the situations when unequal inheritances are most likely and even has some advice for members of the younger generation who want to […]
December 2015
December 28, 2015 11:30 a.m. Your Retirement Finance Week in Review I hope you had a Merry Christmas season and are looking forward to a happy New Year. We didn’t issue a review last week because of the holiday-shortened week. This week’s activities also will be truncated. So I’m issuing this review in the middle […]
The New Social Security Claiming Rules
Congress snuck a major change to Social Security benefits claiming strategies in the latest budget, known as the Bipartisan Budget Act of 2015. The change is likely to cost retirees who would have planned carefully tens of thousands of dollars over their lifetimes. The loss is about $50,000 per couple, according to a Bloomberg.com estimate. […]
There’s At Least One Estate Planning Mistake In Every Family
Estate Planning professionals hear the stories all the time. They know they will hear them almost every time they meet with a new client. In the meetings, the estate plannning professional can see the signs in the hesitation and increased discomfort of the clients. The fact is, almost every family has at least one. There’s […]
Retirees Saved from Sharp Medicare Premium Increases
You might have seen reports over the summer and fall that Medicare premiums for about 30% of beneficiaries would increase 50% or more in 2016. No one has to worry about such substantial increases now, though they will pay the increases over time. The potential increases were due to some quirks in the interplay between […]
IRA Mistakes to Avoid in 2016
The new year is almost here. Let’s en-sure it is off to a good start. Your IRAs probably are your most valuable assets or will be after you rollover a 401(k) to one. We review the most frequent and expensive mistakes people make with IRAs. Study them now and resolve not to do them in […]
Considering a Move for Retirement
We’re in the time of year when many people think seriously about moving in retirement. Cold weather seems to make a few more people decide that since they no longer are tied to a particular area for a job or business, they shouldn’t have to put up with weather they don’t like. The harsh winters […]
