Here's the best age to take Social Security, based on the one variable that really matters — USA TODAY
Daniel de Viséapple.news
Here's the best age to take Social Security, based on the one variable that really matters — USA TODAY
You must remain flexible during retirement and use your brain. Correct and adjust your spending based on the growth or decline of your portfolio. Be rational and your risk of running out of money will be reduced.
Todd R. Tresidder • The 4% Rule and Safe Withdrawal Rates In Retirement (60 Minute Financial Solutions)
It was not until the 1980s that the idea that everyone deserves, and should have, a dignified retirement took hold. And the way to get that dignified retirement ever since has been an expectation that everyone will save and invest their own money.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
housands of economists and policy experts in the US currently debate how to keep Social Security and Medicare solvent, and more broadly how to keep down the cost of healthcare (which is mostly consumed by those over 70 and especially those with terminal illnesses such as cancer). The situation for these programs is likely to be radically improved i... See more
Dario Amodei • Machines of Loving Grace
In the U.S. alone, a recent Pew survey revealed that almost half of all Americans don’t feel financially secure.1 Among that group, over 83% worry about a lack of savings and almost 70% worry about not having enough money to retire. The numbers make it clear — people are scared.
Alan Moore, Michael Kitces • The Monthly Retainer Model in Financial Planning
As of 2018, men and women in developed countries are expected to spend nearly 20 years in retirement.5 As the baby boomer generation enters this new life stage, bringing with them unprecedented wealth, health, and energy, they will be looking for new stories about how to live their lives.