Fiscal pressures threaten the tax incentives of the 401(k) system.

Tax incentives. Retirement planning. Retirement income. Three terms that are intricately connected. As consumers we understand the importance of maintaining the delicate balance between these three. During times of economic uncertainty, it is all the more important to preserve this balance for the well-being of the nation as a whole. Yielding to the doomsday scenario … Continue reading Fiscal pressures threaten the tax incentives of the 401(k) system.

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How can we apply the lessons learnt from successful savers?

Foresight. Belief. Faith. Discipline. Consistency. Persistence. These are the initial thoughts that come to mind when reviewing the press release on PR Newswire relating to the Perspectives of Retirement Survey: Lessons from Successful Savers conducted by PNC containing findings on the financial habits of successful savers. Among other factors, if the secret to retirement readiness … Continue reading How can we apply the lessons learnt from successful savers?

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

Is it enough to stay the course or do we need to do anything different?

Commitment to retirement planning. In an especially difficult economic environment, not easily accomplished. However, as everyone who has been on the other side knows, it is really that single most steadfast approach that helps in the long run, and not reacting to the noise that distracts one's focus. The press release on ICI's web site … Continue reading Is it enough to stay the course or do we need to do anything different?

Is there a way to make inertia work for us?

As it relates to employee benefits, if there were any one single challenge that most plan sponsors deal with, it might very well be: how to engage and convince employees the need to begin thinking about, and plan for, retirement as early in their career as possible. Despite everything that is reported in the media … Continue reading Is there a way to make inertia work for us?

When and where you would retire?

Taking a slightly different approach than we have in recent posts, this article is about timing and location preferences for retirement. Some key observations from the PulteGroup survey that prompt thinking about these decisions. The fact that 62% people (an increase of 20% from two years ago) would stay in the same state could be … Continue reading When and where you would retire?