Mosaymay/Dreamstime Linda Cooley of Florida has seen her nest egg grow dramatically since she retired more than five years ago as a lawyer. Cooley, 69, lives off pensions and Social Security and has yet to touch her retirement portfolio of several million dollars. Her financial advisor, Susan Elser of Indianapolis, frequently reminds Cooley she could […]
Read MoreEveryone knows the financial arguments for why we should wait as long as possible to Social Security benefits: Your benefits increase by 8% for every year from age 62 to age 70 that you postpone claiming. For those who have other sources of income during these years, increases this large are hard to beat. But […]
Read MoreTo avoid the worst retirement mistakes, you have to be realistic about your future plans and think ahead. Unfortunately, it’s all too easy to make the wrong financial moves when preparing for retirement. According to the Federal Reserve, 37% of non-retired adults believe their retirement savings are on track. But none of the 44% who say […]
Read MoreThe joys of self-employment are many, but so are the stressors. High among those is the need to plan for retirement entirely on your own. You are in charge of creating a satisfying quality of life post-retirement. When it comes to building that life, the earlier you start, the better. Luckily, there are several retirement […]
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