How well can we function at work as we grow older? Or continue to manage our money?
Research that has looked at cross-sectionsas well as longitudinal groups of people have provided great insights to these ...(more)
A 30-second read by Nicholas Scheibner: Before deciding which kind of IRA to open, the first thing you would want to do is check with your employer about 401(k) offerings. If your employer provides any company match ...(more)
As public employees for the great state of New Jersey, there are some important factors to consider when it comes to your retirement income.
Regarding Your Pension:
New Jersey Pensions fall into two categories: “I ...(more)
(Est. Read Time: 40s) If you began taking Social Security before full-retirement age, and are looking to postpone payments until a later time, there is a solution: the 1-year payback rule. The 1-year payback rule ...(more)
Did your retirement plan involve a home remodel? Or even a home remodel remodel? My mother-in-law spent about a decade taking care of her mother. Not only did she require lots of attention and care, but she also ...(more)
You know the old adage – ‘there’s no time like the present’. This is a noteworthy saying that is particularly true for young individuals and families who want to start saving seriously for the future. But how and where ...(more)
Before Retiring you'll need to know these 9 pieces of information to have a better retirement:
1) When to file for Social Security
2) How much your Health Care costs will be
3) How much you currently spend
Two things to note first this week, which are taxes and politics.
First, the tax filing deadline for federal income taxes is April 18th. Typically it would be Monday April 17th, since the 15th falls on ...(more)
The stock market did great last year. The Dow was up 13.4%; the S&P gained 9.5%; and the Nasdaq was up 7.5%, according to CNN Money.
But do you remember how things started?
2016 began with the worst five-day ...(more)
Seven Concerns and Fears About Retirement
By: J. Barry Watts
The speckled-with-grey-haired executive wearing the rumpled trench coat dropped into the seat beside me at gate B33 of the Pittsburgh airport with a loud ...(more)
Understanding your social security benefit is a huge part of being prepared for retirement, and even the young generation should understand what they can expect to receive from social security. It can be very ...(more)
Mark Twain once said, “comparison is the death of joy.” While this may be excellent advice for personal development, comparison is imperative as an employer and mandatory as a plan sponsor. If you sponsor your ...(more)
The foundation to answer where does fear of outliving money come from was laid in yesterdays’ post (Part I).
Why is all of this important? The fear of outliving your money also (there’s another reason listed below) ...(more)
You see the headline all the time that has something to do with basically these four words: Risk, Outliving, Longevity and Money.
The viewpoint that you may outlive your money because of increasing longevity ...(more)
Working or retired, the focus of most people is keeping their check book full of money for the monthly expenses they have.
While working, the source of the money is obvious … it is from you working.
While retired, ...(more)
I get a lot of questions about IRAs so I thought a quick crash course in the basics would be helpful. Tax laws, regulations and individual circumstances change frequently so always check with your advisor or tax ...(more)
Most people understand to some degree, what investments are for – presumably for “their goal,” whatever that goal may be. Most people though, miss the difference between what and when investments are for.
So, what is ...(more)
Security Planning isn’t just for people who haven’t claimed yet. People who are already receiving Social Security often forget about other benefits they may be entitled to after having filed.
The wise owl circles ...(more)
Did you turn 62 by 1 Jan 2016? Your options later if you didn’t.
If you did turn 62 by then …
… you retain the ability to claim just your spousal benefits (Why? answer later) from your spouses Social Security ...(more)
Information is provided 'as is' and solely for informational purposes, not for investment purposes or advice. BrightScope is not a fiduciary under ERISA. BrightScope is not endorsed by or affiliated with FINRA.