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Latest Retirement spend down Stories

2012-01-11 08:00:00

EnTrusted.in, a newly-released online platform providing retirement planning guidance to US workers and retirees, is pleased to announce a new tool for repairing the American retirement dream: “Bifurcated Retirement.” Bifurcated Retirement serves to: 1) minimize Americans´ fears of outliving their retirement funds, 2) simplify the retirement planning process, and 3) arm retirees with an effective weapon in fighting long-term care costs. Greater New York City (PRWEB) January...

2011-06-07 09:15:00

CHICAGO, June 7, 2011 /PRNewswire/ -- Healthcare expenses, inflation and outliving their money are the top three financial concerns that the majority (78 percent) of America's middle-income Baby Boomers have about retirement, according to a new study released by the Bankers Life and Casualty Company Center for a Secure Retirement(SM) (CSR). The CSR's Middle-Income Boomers, Financial Security and the New Retirement study of 500 middle-income Americans between ages 47 and 65 with income...

2011-06-07 07:00:00

CHICAGO, June 7, 2011 /PRNewswire/ -- Healthcare expenses, inflation and outliving their money are the top three financial concerns that the majority (78 percent) of America's middle-income Baby Boomers have about retirement, according to a new study released by the Bankers Life and Casualty Company Center for a Secure Retirement(SM) (CSR). The CSR's Middle-Income Boomers, Financial Security and the New Retirement study of 500 middle-income Americans between ages 47 and 65 with income...

2011-05-16 07:00:00

Society of Actuaries Survey Examines Key Risks in Retirement in the Recovering Economy, Offers Potential Solutions SCHAUMBURG, Ill., May 16, 2011 /PRNewswire-USNewswire/ -- Today's seniors are living longer and spending more time in retirement than ever before, and many are worried their savings won't last. Four in 10 retirees (38%) and half of pre-retirees (49%) say they are much more concerned about their financial situation in retirement than they were prior to the economic downturn....

2011-04-05 09:17:00

NEW YORK, April 5, 2011 /PRNewswire/ -- A significant portion (44%) of Americans between the ages of 45 and 65 do not feel confident that they will have the financial resources to live comfortably during their retirement, according to the new AP-LifeGoesStrong.com Poll from The Associated Press (www.ap.org) and LifeGoesStrong.com (www.lifegoesstrong.com), a popular lifestyle website for baby boomers. With boomers starting to retire, their financial worries are increasing. While 44...

2011-01-12 07:00:00

LEAWOOD, Kan., Jan. 12, 2011 /PRNewswire/ -- Just as Baby Boomers are beginning to turn 65 and face a collective bleak future, Retiree Inc. was recently applauded for its proprietary methodology that may revolutionize retirement. The company was featured in the January 2011 issue of SmartMoney magazine. The article, "Time to Tap Your Savings," recommended Retiree Inc.'s expertise in creating a withdrawal strategy for retirement income that may make savings last longer. Their software and...

2010-10-25 06:00:00

SCHAUMBURG, Ill., Oct. 25 /PRNewswire/ -- Nearly two-thirds (62 percent) of pre-retirees ages 50-64 are not at all confident that they are saving enough to handle healthcare costs in retirement, according to a new survey from the Society of Actuaries (SOA). Additionally, only seven percent of participants said they are very confident about having enough savings. This SOA survey analyzed how the continuing spike in healthcare costs is affecting consumers' retirement plans. Of this group of...

2010-07-13 07:47:00

New Study Shows Wide Variations by Income and Time Eligible to Participate in a Defined Contribution Plan WASHINGTON, July 13 /PRNewswire-USNewswire/ -- With Americans living longer in retirement, the 2010 EBRI Retirement Readiness Rating(TM) released today shows dramatically high percentages of Americans - even in the upper-income categories - are likely to run short of money after 10 or 20 years of retirement. The new analysis by the nonpartisan Employee Benefit Research Institute...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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