The takeaway:Ā The perfect setup for outliving your money is not knowing where it goes.Ā This post handily helps you figure where the money went and provides a juicy look at what others your age are earning and spending.Ā Don’t outlive your money! $$$ Part 3 in the Don’t Outlive Your Money Series.Ā (Updated 3/10/21.) … [Read more…]
The takeaway:Ā The book, How to Make Your Money Last, is a reference guide for any number of personal finance topics relevant to retirees and retiree wannabees.Ā Ā The book hits all the retirement highlights.Ā As always with Jane Bryant Quinn, the book delivers the goods. $$$ Jane Bryant Quinn is an American treasure.Ā Sheās had a … [Read more…]
The takeaway:Ā There are 11 critical questions you’ll want to ask before you buy an annuity.Ā Played right, annuities can alleviate any fear you might have of outliving your money.Ā Played wrong, and you’ve needlessly parted with a lot of cash.Ā Annuities are simple in concept, but the devil’s in the details.Ā Ā $$$ Part 1 … [Read more…]
The takeaway:Ā The landmark Trinity Study shows the odds your retirement nest-egg will last as long as you do.Ā Developed by finance faculty at Trinity University, the results of this landmark work apply to nest-eggs with lots of stocks–or lots of bonds.Ā Take note ye readers fearful of stocks!Ā The Trinity Study builds on the … [Read more…]
The Takeaway:Ā Ā The 4% Rule tells you two things.Ā First, it lets you know how much you can annually tap from your retirement nest-egg without it running dry.Ā Second, it tells you how big your nest-egg needs to be to cover your retirement income needs.Ā What’s not to love? š This post is a step-by-step guide … [Read more…]