Almost everything you need to know to plan for retirement is available on the blog post by Joseph Hogue, author of the PeerFinance101 blog: 7 Retirement X-Factors for Your Nest Egg. It’s never as simple as accumulating X times your salary or other “rules of thumb.” Check out: http://peerfinance101.com/retirement-x-factors-how-much-need/ Source: Financial Planning for Women
Day: June 19, 2017
Financial decisionmaking decline in older adults
A recent study confirms that seniors become more confident in their ability to make financial decisions at the same time that their financial knowledge and decision making skills are declining… an ominous combination. “Although episodic memory and financial literacy score decline at roughly the same rate after age 60, confidence in financial decision-making ability remains…
Deciding when to retire… lots of factors to consider
“If you’re in your 50s or 60s, deciding when and how to leave the workforce for good is one of the most important decisions you’ll face during the rest of your life. You’ll want to consider and balance many factors when making a thoughtful choice. Fortunately, help is available from the Society of Actuaries (SOA),…