2021 – 03/05 by Kurt Wunderlich Averages often don’t illustrate the whole story, perhaps smoothing over many of the bumps that occur in life. Consider, for instance, your income: Some years you make more and some years less. You leave a high-paying job to start your own company, receive a major promotion, or see your…
Failing to properly plan for the costs associated with aging can have dire consequences for the retirement you envision. Larry Swedroe unpacks a resource to help investors navigate the many financial aspects of elder and long-term care. In planning for retirement, most people—and their advisors—consider issues such as: How much savings will be needed to…
Tim Maurer offers a simple retirement stress test and asks what is perhaps the better question: What number works for you? “Wow, those guys must be millionaires!” I can recall uttering those words as a child, driving by the nicest house in our neighborhood—you know, the one with four garages filled with cars from Europe. The…