Retirement Planning

Bob Carlson shares miscellaneous advice on retirement and related topics

Found 82 Articles.
Get access to 193 articles by subscribing to Retirement Watch and Retirement Watch Spotlight Series.

The Millionaire Secrets to Getting Wealthy

August 15, 2013

You already know this stuff if you’re a long time reader of Retirement Watch. But millionaires have a number of practices that other people don’t have and don’t realize are key to accumulating wealth. Most of the points in this post seem to be from The Millionaire Next Door, a best-seller of a few years […]

The Soft Side of Retirement Planning

July 22, 2013

It seems that recently many people are becoming aware of something I’ve made clear in Retirement Watch over the years. Retirement isn’t all about the money, and as hard as it is to arrange your finances for a secure retirement, that isn’t the hard part. The hard part is what I call the soft side […]

$1 Million For Retirement Is Not Enough?

June 11, 2013

This article shouldn’t be news to anyone who reads Retirement Watch or my books, but it is news to The New York Times that a $1 million retirement nest egg might not be enough for most people. It lists all the mistakes people are likely to make: Investing only in bonds; underestimating life expectancy; forgetting […]

Retired at 30

May 1, 2013

Apparently there’s a guy in Colorado who, along with his wife, retired by the time he was 30. He also has a blog that attracted a fair amount of attention. You can read his story in this article. His story supports a conversation I’ve had many times. Someone will ask me, “When can I retire.” […]

Myths of Retirement Planning

March 25, 2013

The annual Retirement Confidence Survey generated more news and commentary this year than usual. One reason is that it reveals Americans are less confident about having a financially comfortable retirement than ever. Another reason is that it indicates many people simply have given up saving and planning for retirement. A good commentary is here. It […]

The Real Retirement Planning Problem

February 4, 2013

Our focus most of the time is on the financial aspects of retirement and planning for it. But there’s an ultimate goal involved. Yes, we want financial security and freedom. But the ultimate goal is to be happy or satisfied. That’s why periodically I report on surveys of people’s happiness and what makes people happy. […]

The Neglected Part of Retirement Planning

November 16, 2012

Medical expenses and long-term care costs are the wild card in all retirement plans. Most people don’t plan well for them. Even those who use financial advisors arent’ doing a good job of planning for medical expenses, according to a  new survey by Nationwide Financial. We discussed in Retirement Watch many times the importance of […]

Reconsidering the 80% of Pre-Retirement Income Rule

September 14, 2012

Pick up a standard retirement reference or work with a traditional planner, and you’ll be told that a retirement plan has to save enough to spend 80% of pre-retirement income in retirement. I’ve criticized that a number of different ways in Retirement Watch and in my books. Christine Benz of Morningstar takes up that argument […]

November 2020:

Congress Comes for your Retirement Money

A devastating new law has just been enacted, with serious consequences for anyone holding an IRA, pension, or 401(k). Fortunately, there are still steps you can take to sidestep Congress, starting with this ONE SIMPLE MOVE.
X

Log In

Forgot Password

Search