retirement planning

The Takeaway: Couples Need $240,000 For Health Care In Retirement

Posted on 05/9/2012 by | Brooklyn, NY | Comments

Money & Savings | News RoundupsOof. The latest estimate of an average American couple’s retirement health care costs is $240,000. The calculation, from Fidelity Investments, is based on a 65-year-old couple with Medicare coverage, and factors in things like premiums, co-pays, deductibles and out-of-pocket prescription drug costs. It doesn’t factor in things like long-term care, dental services, over-the-counter meds or hearing aids.

The Takeaway: Saving for Retirement? Why Not to Think Big Picture

Posted on 04/27/2012 by | Brooklyn, NY | Comments

News RoundupsWhen it comes to saving enough for retirement, it’s important to keep the big picture in mind, right? Wrong, say researchers from Boston College’s Center for Retirement Research; the href=”http://www.chicagotribune.com/business/yourmoney/sc-cons-0426-started-20120427,0,1799363.story”>best strategy is to think in small, concrete steps.

Social Security for Dummies is Smart Reading

Posted on 04/17/2012 by | AARP Blog Author | Comments

Money & SavingsThe following is a guest post from author Jonathan Peterson, an executive communications director at AARP and a former national and financial correspondent for the Los Angeles Times.  Some folks think they have a better chance of bumping into a UFO or a zombie than getting a meaningful Social Security benefit by the time they reach retirement age. No wonder some people feel that way, given all the things that are said about this hot-button program. But if you’re like most …

The Takeaway: More Than Half of Couples Disagree on Retirement Timing

Posted on 04/9/2012 by | Brooklyn, NY | Comments

News RoundupsA surprising 62 percent of married couples disagree on the timing of their respective retirements.

The Takeaway: Rural Areas Luring More Retirees

Posted on 03/30/2012 by | Brooklyn, NY | Comments

News RoundupsMore retirees are buying up land in the country, drawn by peace, quiet and potential financial rewards. Could a rural retirement be right for you?

The Takeaway: What Men and Women Can Learn From One Another About Saving for Retirement

Posted on 03/29/2012 by | Brooklyn, NY | Comments

News RoundupsThere are clear differences between men and women when it comes to retirement planning. By integrating the best of both genders’ strategies, you can increase your prospects for a secure retirement.