Category: Retirement Insight


Retirement in Sight, September 2021

Retirement in Sight, September 2021

POSSIBLE CHANGES FOR CATCH-UP CONTRIBUTIONS    Since 2002, Americans aged 50 and older have been permitted to make annual “catch-up” contributions to popular retirement accounts – but according to Vanguard’s 2021 How America Saves report, just 15% of retirement savers do. One factor may be the limits on these contributions. Many pre-retirees who are old  … Read more

Retirement in Sight August, 2021

Retirement in Sight August, 2021

CAN HAVING THREE GOOD FRIENDS PROMOTE A HAPPY RETIREMENT?   We can reasonably say that the more money you retire with, the more potential you have to enjoy retirement. Now, what about friendship? If you maintain some strong friendships and an active social circle after age 60, can that make a big difference in the  … Read more

Retirement in Sight July, 2021

Retirement in Sight July, 2021

Is Financial Health A Factor In Your Overall Health?   Data from a newly released Harris Poll of more than 1,000 U.S. workers suggests that a majority of pre-retirees might answer “yes” to that question. Sixty-six percent of respondents to the poll identified their financial health as a component of their overall well-being. In fact,  … Read more

Retirement in Sight June, 2021

Retirement in Sight June, 2021

Could A Second Secure Act Tweak Retirement Rules? When the Setting Every Community Up for Retirement Enhancement (SECURE) Act became law in 2019, it altered retirement plan contribution and distribution rules. There may be an encore. The Securing a Strong Retirement Act of 2021, nicknamed SECURE Act 2.0, has bipartisan support on Capitol Hill, and  … Read more

Retirement in Sight May, 2021

Retirement in Sight May, 2021

Pandemic Economy or Not, Some are Aspiring to Retire Early A new study from Hearts and Wallets, a research firm founded in 2010 to study American retirement saving and investing trends, hints that the dream of retiring in late middle age is alive and well, although perhaps in need of a reality check. The survey  … Read more

Retirement in Sight April, 2021

Retirement in Sight April, 2021

Need Cash? Avoid Tapping Your Retirement Account Imagine if your 35-year-old self magically appeared in front of you one day and asked for a percentage of your retirement savings or a bit of your retirement income. While this would never happen, something financially analogous happens in the lives of too many people. They withdraw assets  … Read more