Blog — retirement planning RSS

A lot of people have less money than they need to quit working and live comfortably for life. They make do by continuing to work late into life, or by downsizing their living situation, or even by relying on others, often family members. Their wealth-transfer planning is fairly simple, yet often neglected. A smaller percentage...

If you are reading this with interest, you’re probably not fully prepared for “life after work.” Having worked in the financial world for most of four decades, I’ve had a front-row seat to what people do right regarding their finances, as well as to how they fail with their planning and investing. One way the...

 I was playing a North Scottsdale, Arizona golf course a few years ago when the course “ranger,” the person in charge of policing the speed of play, etc., approached our foursome. We were standing in the fairway waiting for the group in front of us on a perfect spring day when he pulled up...

The conventional wisdom, in recent years, was that a retired person could withdraw 4 percent of their retirement account balance annually for income and very likely never deplete their nest egg. Though a good financial plan would go much deeper into the numbers regarding longevity, expected return based on risk, and spending patterns, this old...

Retirement planning is likely not the first subject you'd like to think about, but it's necessary, and it doesn't have to be difficult. Readers of my book, The Extreme Retirement Planning Workbook: Navigating the Next 30 Years, learn to plan for retirement in a way that makes sense for them while following some guidelines and common-sense advice. ...