by Don Nalls, CFP® | Aug 28, 2015 | Investing, Personal Finance, Retirement, Wealth Management
There is a big retirement problem in America, maybe even a crisis. Many working people won’t have enough money to leave their jobs and live in comfort and security. How many are in jeopardy is debatable, but the problem’s existence is not. What’s to be done about it?...
by Don Nalls, CFP® | Aug 19, 2015 | Investing, Personal Finance, Retirement, Wealth Management
Early retirement is again in reach, but the game has changed. Do you dream of leaving full-time work behind at 60 or even sooner? Plenty of Americans do, of course. But the real question is whether you can afford to clock out early. It may require trade-offs, such as...
by Don Nalls, CFP® | Aug 7, 2015 | Investing, Personal Finance, Retirement, Wealth Management
In 1970, average life expectancy at birth in the U.S. was 71 years. In 2014, it is 79 years; and by 2050, the U.S. Census Bureau projects that average life expectancy will be 84 years. Today, according to the National Institute on Aging, there are over 40 million...
by Don Nalls, CFP® | Jul 25, 2015 | Investing, Personal Finance, Retirement, Wealth Management
A new study finds that “leakage” from 401(k) and IRA accounts can reduce a person’s retirement wealth by as much as 25% and argues that changes are needed in these savings plans in order to plug the holes. The report, from the Center for Retirement Research at Boston...
by Don Nalls, CFP® | Jul 18, 2015 | Personal Finance, Retirement, Wealth Management
Here is something every non-rich American family should know: The odds are that you will run out of money in retirement. On average, a typical working family in the anteroom of retirement — headed by somebody 55 to 64 years old — has only about $104,000 in retirement...