Blog Posts

  • Four Tips if an Early Retirement Is Forced On You

    December 27, 2011
    Back in the late 1990s, many people planned on retiring in their mid-50s and living a long retirement of golf and idleness. Then the markets corrected in 2000, and again in 2008, and now I don’t meet many people who talk about retiring that early. Yet people do still retire ...
    Read more
  • Long-Term Care Insurance: A Hedge for Retirees

    December 19, 2011
    After my last post about how inflation can affect retirement, a reader contacted me with a question about using long-term-care insurance (i.e., nursing home, assisted living or in-home care) as a potential hedge against inflation. The question is interesting because it addresses a basic idea behind insurance outside of the ...
    Read more
  • Christmas Inflation Warns Those in Retirement

    December 12, 2011
    Every year, PNC Bank comes out with an estimate of inflation by pricing the items from the song “The Twelve Days of Christmas.” This year, due to some large price increases from the Turtle Doves, Swans-a-Swimming and Partridge in a Pear Tree, the cost of Christmas is up 3.5% over ...
    Read more
  • It’s a Cost Basis Retirement

    December 5, 2011
    Just when you thought retirement was the time to relax and let the mind unwind a little, the tax code kicks in. Last week, I gave a tax planning seminar last week to our clients. The most-discussed slide was dealing with the new cost basis reporting that started this year ...
    Read more
  • What Bonanza Taught Me about Retirement

    November 28, 2011
    When I was a kid, Saturday night was the special night. First, we got to have a Coke with our meal―outside of Saturday nights, we did not drink soda. Second, we were allowed to stay up and watch “Bonanza,” which started at 10:30 p.m. I remember thinking how cool it ...
    Read more
  • Three Retirement Plan Drivers

    November 21, 2011
    The common question in our office lately has been about returns: What kind of returns should I assume in my retirement plan? As many clients find out, a 1 percent return difference, either positive or negative, has a huge impact on a plan that we are trying to project out ...
    Read more
  • Increase Retirement Savings in 2012

    November 14, 2011
    A few weeks ago I wrote about an increase in Social Security benefits for retirees in 2012. This increase in benefits is due to an increase in inflation. Inflation increases living costs for retirees, but can also drive the savings side of the retirement question. The IRS recently announced that ...
    Read more