How Realistic Are Americans Retirement Dreams?
Recent generations of Americans have grown up with a picture of retirement that is based on their parents and grandparents. How realistic is this idyllic scenario for baby boomers and members of Generation X and Y?
David Lerner Associates: Four Credit Tips for Seniors
Some seniors mistakenly believe that since they are older and perhaps in retirement it is not as important to maintain a strong credit score as it was when they were younger and still working. But this could not be further from the truth.
How Do Changing Interest Rates Affect Retirement?
The ongoing low interest rate environment that the U,S, economy has experienced over the past few years has presented unique challenges for some retirees who are dependent on a stream of interest income from investments to meet their everyday living expenses.
Take Your Retirement for a Test Drive
Before buying a new car you probably take it out for a test drive to see how it feels and make sure that everything is working properly. Have you ever thought of taking a similar test drive when it comes to your retirement?
David lerner Associates: How Framing Affects Social Security
Many people do not realize that when it comes to Social Security they have a choice of when to begin receiving their retirement benefits.You do not have to wait until you are 65.
5 Baby Boomer Financial Behaviors and Attitudes to Watch
The financial behavior and attitudes of the baby boom generation is going to have a significant impact on the nation is financial picture in the coming years.
David Lerner Associates –How Safe Is Your Pension Plan?
Some financial and retirement experts are recommending that workers and retirees who are dependent on pension plans do some "what-if" scenario planning to gauge how well prepared they might be for a possible cut in their pension benefits.
How To Save for Retirement Regardless of Your Income
It is not uncommon for people to put off saving for retirement because they do not think they earn enough money to open a retirement savings account. This is especially true for young people for whom retirement may be at least three or four decades away.
Women and Retirement – The Gender Gap
In a recent national survey designed to gauge the financial literacy of U.S. consumers about one-third of Americans said they are worried that they wo not be able to save enough money to retire comfortably.
David Lerner Associates: Many U.S. Seniors Facing Severe Income Shortages
A recent analysis of data from the U.S. Census Bureau indicates that seniors in every state except for two are living off of incomes that are lower than the level of retirement income that many financial planners often recommend.