Category Archives: Retirement Planning

Singles Have to Save More

When we create retirement projections for our clients as part of their financial plans, we identify areas of risk and review ways to improve their outlook for retirement. Many of our clients are between the ages of 50 and 65, … Continue reading

Posted in Emerging Affluent, Life Planning, Middle Class, Retirement Planning, Singles, Wealth Tips | Comments Off

CONTRIBUTING TO YOUR 401(K)

The July 7 Wall Street Journal has an article about the how the law meant to increase participation in company 401(k) retirement plans appears to be back firing. (401(k) Law Suppresses Savings Rate)  Previously, a new employee had to sign-up (opt in) … Continue reading

Posted in General, Investments, Retirement Planning, Tax Planning | Comments Off

HEALTH CARE COSTS IN RETIREMENT

Fidelity estimates a 65-year-old couple will need on average $230,000 to cover health care costs in retirement.  This is $20,000 less than 2010’s $250,000. The reduction is largely a result of the new Medicare changes being implemented. This decline is … Continue reading

Posted in Life Planning, Long Term Care, Medicare, Retirement Planning, Uncategorized | Comments Off