Why Retirement Planning Should be Your Financial Priority
How soon should one start planning for retirement? The answer is now. It is not a matter of fatalism or "accepting of the inevitable" -- it is a question of actually having a comfortable and secure retirement in place by the time you arrive there.
Four Important Retirement Decisions
During the years leading up to and immediately following retirement, retirees and near-retirees have a number of important decisions to make.
David Lerner Associates: Inheriting a Retirement Account
Inheriting a retirement account can feel like winning the lottery. That is the good news. The bad news is that not following the hard-and-fast rules governing inherited retirement accounts can result in much of that windfall going to the taxman.
David Lerner Associates : Ready for Retirement?
In 2011 the first wave of baby boomers hit the traditional retirement age of 65. Over the next 19 years another 10,000 baby boomers will turn 65 every day, according to the Pew Research Center
David Lerner Associates: Retirement Plan Contribution Limits Increasing for 2013
Each year the federal government considers making inflation adjustments to the maximum amount of money that can be contributed annually to qualified retirement plans like Individual Retirement Accounts (IRAs) and 401(k)s. The IRS announced that the annual contribution limit for IRAs would be increasing in 2013 for the first time in five years.
David Lerner Associates: What is the Future of Social Security?
The future of Social Security has received a lot of publicity lately, especially when the candidates for President of the United States debated each other about how they would propose solving the looming problem of potential Social Security insolvency.
David Lerner Associates: 2013 Social Security COLA Less Than Half of 2012 Amount
The Social Security Administration (SSA) announced that the Social Security cost-of-living adjustment (or COLA) for 2013 will be just 1.7% -- less than half of the adjustment that was made for 2012.
David Lerner Associates : Slowing Down in Retirement May Not Be an Option
If a recent survey of middle-class Americans is anything to go by, the age of 80 may very well be the new 65 when it comes to retirement.
Retirement Planning Strategies For Your 70s
By their late 60s and 70s, most Americans have either left the workforce altogether or scaled back to part-time work. But this does not mean that retirement planning ceases to be important in your 70s.
Retirement Planning Strategies For Your 60s
For many people, the 60s are the decade when they are nearing or ready to finally enter the retirement that they may have been planning for most of their lives.