From MarketWatch:
What’s the magic number for retirement savings? Americans say it’s more than $1 million, but most will fall short of that goal.
Soaring teacher pension debt is consuming education spending
This ‘black swan’ fund took a nearly 25% loss in a stock- and bond-market storm you’ll rarely see
The FIRE movement is tempting, but your early retirement dreams need real money
The best way to boost retirement savings? Keep it simple — and automatic.
2023 has been rough so far. Use it as a wake-up call for your retirement planning.
Social Security is now projected to be unable to pay full benefits a year earlier than expected
More in retirement news:
My Dad Delayed His Retirement by 3 Years Because of Inflation (Business Insider)
Retirement community owners to pay $215K to settle housing discrimination complaint (Penn Live)
Why Gen Z Is Saving More for Retirement Than Previous Generations (Barron’s)
Working past the traditional retirement age could be good for your health, but only if you’re rich (Fortune)
3 Types of Tax-Free Retirement Income Worth Checking Out (The Motley Fool)
Research and Insight:
Is Washington State A Good Choice For Retirement? See The Ranking (NewsRadio 560 KPQ)
One in Five Americans Plan to Work Into Retirement, Study Reveals (Plansponsor)
Study Shows Retirees Underestimate Social Security by Nearly $2,000 — How To Resolve This Issue (GoBankingRates)
A personality trait tied to stock investing (Center for Retirement Research at Boston College)
To share with your family, friends and clients:
I’m 61 and earned $83,200 in investment income last year. Will that affect my Social Security benefit?
I’ll be 60, have $95,000 in cash and no debts — I think I can retire, but financial seminars ‘say otherwise’
Why I abandoned my 529 college savings plan and switched to Series I bonds instead
Investors are mad as hell at advisers, and it’s not just market performance that’s to blame
Just made a last-minute IRA contribution before the tax deadline? Don’t stop there.
I’m looking for a place that has year-round mild, sunny weather and is near or on the water, and my budget is $125,000 — where should I retire?
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Augustine Pecora