Archive for 'Retirement Planning' Category
Tricking Loved Ones Into Saving
13 November 2006Here’s a nice little post from 2 Million Blog on how he “tricked” his fiancee into doubling her IRA contributions each month. The best part is that it’s likely to be permanent, because once you get it automatically coming out of the paycheck each month, it’s easy not to notice it anymore. The only problem? [...]
Generation Y Isn’t Doing So Well With Retirement Saving
10 October 2006Even gimmicks, clever advertising, and common sense don’t seem to be able to convince people in this age group to save. Yahoo has the details:
It’s no small feat getting young people — worried more about student loans, credit-card debt and Saturday night — to save for retirement. Only about a third of those in the [...]
Retired Husband Syndrome - Retired Japanese Men Make Their Wives Sick
9 October 2006This is apparently a real phenomenon in Japan - men who are retiring from the workplace become isolated from their friends, lonely, and more demanding and controlling - causing actual illness in their wives because of stress. It’s been named “Retired Husband Syndrome,” and it’s likely a lot worse there than what you’d expect in the U.S. [...]
Saving For Retirement On A Dollar A Day
6 October 2006This one is best for young people or for children, but this article runs the math behind a simple strategy for retirement: save $1 every day from the day you’re born. You’d end up with about $2 million. It’s not that hard to catch up if you’re younger, but it’s nowhere near enough if you’re [...]
Target Date Retirement Funds - Defeating the Point
22 September 2006Walter Updegrave (a guy whose column I like a lot) has an article on a person who is mixing her investments between a small cap fund and two target date retirement funds - those funds that are designed to give you a mix of assets appropriate to your age so you don’t have to think [...]
How to Get Rich and Stay Rich in Retirement
19 September 2006I just ran across one of the better articles I’ve seen on the subject of retirement planning over on SmartMoney. It’s great for people who are interested in an overview of the various issues they’ll face in retirement planning - if I had to recommend a “how to get started” article for someone older than [...]
Planning to Be Mentally Infirm in Retirement
18 September 2006Yahoo Finance has a regular column by Ben Stein (Ferris Bueller’s teacher), and in this article he raises a very good point - you might want to think about structuring your investments in retirement so that they don’t need to be actively managed. Why?
I would also add this stray thought: Many critics dump on variable annuities, and [...]
Best Online Health Advice Web Sites
11 September 2006One of the best things about the Internet is that there’s all kinds of free information out there on pretty much anything. One of the worst things is that a lot of it is inaccurate, outdated, or not very useful. Lower the cost of writing about stuff to near zero, and pretty much everyone will offer [...]
Setting A Retirement Number
5 September 2006There’s a good post over on Free Money Finance about setting your magic retirement number. He goes through the process he used to decide on his, which involved averaging five different methods. I’m of the view that you really need more a rough guess than a set, specific number, but it’s good to go through [...]
How to Do A Last Minute Retirement
2 September 2006Is it even possible? Walter Updegrave at Money Magazine thinks it is, although he admits he might be hopelessly optimistic. He writes an article in response to a couple, 62 and 60 years old, who rent their house, have little savings, and make $120,000 a year gross. I’m a little more pessimistic about whether they [...]