
Lee Conrad
Former senior editorLee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
Lee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
"Retiring just before a stock market peak could be ruinous to your financial health but it doesn’t have to be,” says an expert.
Assisted-living expenses increased 7%, according to one study, which is triple the rate of inflation.
The move is the latest effort to reduce the early flow of money out of 401(k)-style plans.
The years between 60 and 70 present a great opportunity for seniors to make financial moves to protect their retirement savings.
Older couples should determine whether they are physically ready for the task, as moving can be stressful for people of advanced age.
A typical Social Security payment is likely to cover basic costs in these areas.
When leaving heirlooms and other illiquid assets to loved ones, seniors should allow the heirs to inherit the items instead of liquidating them
Clients should turn to their own timeline before making any changes to their portfolio during a market correction.
Market valuations may not be a reliable tool to use to make investing decisions so it can be prudent for savers to assume low investment returns, says an expert.
Reinventing a new life may involve uncovering new interests and a new way to live after you leave your career.