How risk and cash flow needs affect retirement planning

Retirement planning. The one common theme that connects us all - regardless of where we are in life. From the theme that we have been exploring on this blog, as well as on the Twitter feed, the one constant is precisely that; of how to spur thinking, reflection, education, and hopefully, action on planning for … Continue reading How risk and cash flow needs affect retirement planning

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Diversification as a way to address investment risk

Risk management. One of the important components of any retirement plan strategy. One way to address this risk is through diversification. Whether one is an active do-it-yourself'er or not, understanding the alternatives helps put things in perspective, and determine the appropriate route to take and why. In this article the Principal Financial Group provides findings … Continue reading Diversification as a way to address investment risk

Is it possible and would you want to do it?

Working during retirement. An emotionally charged statement - regardless of the reader's vantage point, whether driven by need or desire, despite the fact that it is widely acknowledged that working during retirement only helps. In this article that appears on Yahoo Finance is reference to a survey by BMO Retirement Services which states the benefits … Continue reading Is it possible and would you want to do it?

Health is wealth – how do leading companies practice this timeless reality

Health is wealth. While this phrase has always been very important for everyone, it has an even greater importance to the retiree boomers, and anyone close to retirement. Leading organizations recognize this fact, and take proactive steps to encourage employees to manage their wellness by providing assessments, screenings, and incentives to manage their health. The … Continue reading Health is wealth – how do leading companies practice this timeless reality

What would it take for the critical mass to adopt this idea?

Pension plans. The retirement vehicle that the older boomers could count on. No more. With so many organizations gradually replacing DB plans with DC plans, pension plans are gradually dwindling. Later year Gen X'ers and Y'ers (Millennials) would be fortunate to have a pension plan payout. However, there is a whole generation of boomers familiar … Continue reading What would it take for the critical mass to adopt this idea?

How would you address this challenge?

Will we truly get there? How? With the recent drumbeat of retirement readiness concerns, there is no shortage of industry surveys, research papers, and studies being published at an increasingly rapid pace to draw people's attention to this widely acknowledged challenge. Here is one such article published by PlanSponsor that quotes a recent survey conducted … Continue reading How would you address this challenge?

Assuming that we can work longer to make up for lost time can be risky

Working longer. Hm. Really? You really want to do that. To make up for lost time. How many people do we know who would want to do so? Especially if they can afford not to? Unfortunately, this is not the real challenge. The real challenge is when you have no choice - due to many … Continue reading Assuming that we can work longer to make up for lost time can be risky

Retirement readiness implications of emotionally connecting with the younger generation

Why do we procrastinate on preparing for retirement? What can we learn from others and prepare ourselves for the best period of our lives? These questions apply not just to the younger generation, but also to those who are five to seven, or a few more years away from retirement. This insightful study from the … Continue reading Retirement readiness implications of emotionally connecting with the younger generation

Does reinvention have to wait until retirement?

Reinvention. A truly rejuvenating word. Makes you think of a new direction. Something to work towards and look forward to. Among other topics, this recent press release by Wells Fargo addresses reinvention in the context of continuing work during retirement. With the recent industry attention on lack of retirement readiness, this is perhaps the one … Continue reading Does reinvention have to wait until retirement?

Would you do anything differently?

Retirement planning. Are we going about it the right way? What do we need to do differently? In this article published by On Wall Street, the author discusses the current parameters of retirement planning, and suggests alternative ideas. As a future or current retiree, do these issues hit the mark? Do you grapple with these … Continue reading Would you do anything differently?