Blog categorized as Retirement income planning

Benefits for those starting out

Congratulations to all of the new college graduates.


Hopefully they're lucky enough to be off to their first real job in their fields. My son recently graduated from UMass Amherst (#GoUMass), and will be working for a law firm in the area; his first real job after college graduation with benefits. Th...

Jack
15.06.20 11:30 PM - Comment(s)
Paying off mortgage = saving for retirement?

One question that has come up recently is whether or not paying off your mortgage is a good strategy (and the question here is on the primary residence, not on investment real estate). With the pandemic causing job losses, even people who kept their jobs are thinking about this as a way to reduce fi...

Jack
03.06.20 10:26 PM - Comment(s)
Limits costs help long term. But are you focusing on the right costs?

“Costs. I read something about minimizing costs can really help improve how much your money grows.”

 

A conversation started this way recently someone who is concerned about having enough for retirement since the stock market was down almost 30% from its all time high (though the market has since...

Jack
26.05.20 01:49 PM - Comment(s)
Spending in retirement

No more commuting. No more buying lunches out. No more dry cleaning (though when was the last time you took something to get dry cleaned?). And no more retirement plan contributions.

   

The assumption is that when we retire, our expenses will go down. And these types of expenses would ...

Jack
18.05.20 10:53 PM - Comment(s)
Will the stimulus package wreck your retirement plan?

I was look through social media last week and came across a friend’s post. It was a simple question:

 

“is anyone else a bit concerned as to where all this stimulus money is coming from?”

 

On the surface, it seems to be a simple question. The stimulus package passed with bipartisan support, a...

Jack
14.04.20 09:18 AM - Comment(s)