For your retirement planning, count on living until age 95

If you knew your date of death, retirement planning would be a breeze. Unfortunately — or maybe fortunately? — you don't. And that can make planning for retirement extremely difficult. Does your nest egg need to last 20 years? 30 years? 40 years? And what about couples? How should couples go about planning for the likelihood that one ...

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Will My Retirement Savings Support Me for 30 Years?

What's the best investing and withdrawal strategy to provide me a retirement income that will last 30 years? --Matt Clearly, the way you invest your savings and the amount you withdraw each year are both important in determining how long your retirement assets will last. Invest too aggressively and your nest egg might suffer losses so devastating ...

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401(k) Plan Shortcomings Failing As Retirement Income Program

The current “retirement plan” of choice – 401(k) plans – really aren’t true retirement income plans. While they can be great for accumulating savings, most 401(k) plans don’t do much to help older workers decide if they have enough money to retire, or how to convert their hard-earned savings into a retirement paycheck. Americans need more ...

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3 Steps to a Happier Retirement

You'll still need a reason to get out of bed in the morning. Here’s the traditional conception of a successful financial life: You bust your chops for 40 years. Then, in your sixties, you get to kick back and spend your remaining days blissfully doing nothing. Sound like a prescription for happiness? It’s more like a recipe ...

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