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    Retirement planning

    News and analysis for those planning or living in retirement

    October 28, 20223 Mins Read
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    From MarketWatch Retirement:

    What to do with your money if you are retired or retiring soon. Cash may be king, but have a project because how to make the most of it in a high inflation environment remains the best strategy, especially for retirees and near-retirees.

    Americans think they need $1.25 million to retire. Is that even enough? A study by Northwestern Mutual found that American adults anticipate they will need $1.25 million to retire comfortably, a 20% increase since 2021. This comes as the average Americans’ retirement savings fell 11% to $86,869.

    4 things you can do to fight dementia and improve your memory. Brain health is not beyond our control or simply a matter of genetics. There are ways to ward off madness and improve your brain health.

    Also on MarketWatch:

    How to keep your health insurance costs down

    Inflation embezzles retirement savings

    How find meaning retired – it might be closer than you think

    When will we care so much Alzheimer’s like we did about COVID-19?

    What should I do with my body when I die? Options are fine beyond the burial and cremation.

    Nearly $70 trillion in family wealth is about to change hands. How to create a drama-free estate plan.

    See you soon, centers for the elderly and nursing homes. Older people do not want to spend their time in places where they are seen as declining victims.

    Are you celebrating your retirement? Do not delete your LinkedIn Profile Again.

    Do I have to spend my assets before Medicaid pays my spouse’s retirement home?

    More information about the retreat:

    “Live longer, work longer”: Macron pledges to raise the retirement age to 65 (France 24)

    Don’t forget your retirement account or your heirs will pay (Forbes)

    You don’t have millions? Here’s why retirement is always within reach (Yahoo finance)

    Social Security Math: How Much Do You Earn If You Work In Retirement? (Yahoo finance)

    7 major retirement risks to avoid (Kiplinger)

    Early retirement has taken off during the pandemic. An economic downturn could change that (NPR)

    Research and insight:

    Ways to strengthen the retirement security of non-traditional workers (Bench)

    Retirement planners face a major overhaul amid a ‘perfect storm’, new AKG research warns (International investment)

    Anxiety among public sector workers is increasing (promoter)

    Young workers want cryptocurrency in 401(k)s (promoter)

    Gen Zers receive 14% of their income for retirement, a higher share than older adults (CNBC)

    To share with your family, friends and clients:

    More and more retirees are finding good reasons to live like the “Golden Girls”. Here’s how to find compatible roommates.

    Opinion: This simple and free iPhone hack name a former contact could be the most important estate planning move you make

    How did you COVID-19 impact Social Security claiming in relation to the Great Recession?

    what a bad could this (realistically) get for your 401(k)?

    How financial technology may change your relationship with banks and brokers in the next 10 years

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