Prepare for the Unexpected in Retirement
When it comes to planning for retirement, there are all kinds of planners. There are those who have planned their retirement down to a t, there are those who haven’t planned anything, but keep reassuring themselves that it will get done this year, and there are those who have a pretty good general idea of how their retirement will go. In truth, though, there are certain things that are impossible to plan for no matter how meticulous you are, and a sudden health care emergency in retirement is one of them.
Finding Peace of Mind
Sudden health care in retirement is not[…]
Investor Optimism Rises, Outlook of Retirees Improves
Investor optimism is rising and it’s mainly owed to the improved outlook of retirees, according to a new survey.
Survey Details
The Wells Fargo/Gallup Investor and Retirement Optimism Index found that investor optimism rose 12 points in the first quarter of 2014, up to +37 in February from +25 in November 2013. The big jump is thanks to growing positivity among retirees who are feeling more confident about the future of their retirement income.
The index survey included interviews of 1,011 investors between the dates of February 6 and February 16 this year. For this survey, people considered investors are adults in households[…]
Retirement Resolutions for 2014
Surveys continue to show that Americans simply aren’t prepared for retirement. We don’t have enough saved and most of us aren’t even sure just how much we should be saving. This presents a real problem, especially as the huge population of Baby Boomers is on the verge of retirement.
As you ring in the New Year, consider whether or not it’s time to include retirement planning on your list of resolutions. If you’re older than 50, the answer is a resounding yes. In truth, though, it’s never too early to start planning for retirement. So, whether you are 25 or 50,[…]
Boomers Expect a Different Retirement than Their Parents
A recent study surveyed aging Boomers and found substantial differences in what they expected in retirement compared to previous generations.
Changes in Expectations
The study, conducted by the Bankers Life and Casualty Company Center for a Secure Retirement, surveyed nearly 1,300 Americans between the ages of 49 and 67 who held a total annual household income of $25,000 to $75,000 a year. The questions were meant to understand how Baby Boomers view their future retirement and what they expect in their retirement years that their parents and grandparents did not.
What[…]
Retirement Long Term Care Insurance
A Retirement Long Term Care Insurance policy, what to know.
The city of San Diego is a microcosm for the impending tide of financial insecurity that, in some cases, could be ruinous to older Americans both there and across the country. The Retirement Long Term Care Insurance connection is the solution to hold off this this tide. This tide refers to the wave of people entering retirement who do not have a Long Term Care Insurance policy. Long-term care is care that assist with the basics of daily living when you are unable to care for yourself.