That Escalated Quickly; Putting Things in Perspective If you looked at markets last Wednesday, you would hardly know that the Fed had just cut rates. The S&P 500 sold off nearly 3% and we saw 97% of all stocks in the S&P 1500 fall. That is what we call a selling cascade and it has …
Not enough Americans are saving for retirement. What’s new, right? According to the 2018 Retirement Confidence Survey conducted by the Employee Benefit Research Institute (EBRI), only about two-thirds of Americans say they or their spouse have saved anything for retirement, leaving millions …
As more and more people are working in retirement, retirees often need to determine the best strategy for saving or investing their incomes. One option is to save and invest in an IRA during retirement. For one thing, many retirees already have an IRA set up by the time they get to retireme …
The annual cost of care study was just released by Genworth, showing the average private room in a nursing home – for the first time ever – costs over $100,000 a year. If that number doesn’t shock you, it should.
American public schools currently employ roughly 3.2 million full-time teachers, and about 2 percent of those retire annually. That means around 64,000 teachers go into permanent summer break every year.
While retirement planning can be extremely complex and demanding, deciding where to live in retirement is one of the biggest decisions you must make, since it carries both financial and lifestyle implications.
The Civil Service Retirement System (CSRS), created by the Civil Service Retirement Act of 1920, is a defined benefit and retirement savings system for certain federal employees. The CSRS was replaced by the Federal Employees Retirement System (FERS) for federal employees who started servic …
