iOS app Android app

Retirement Income

Social Security or Insecurity? For Future Retirees, That Is the Big Question

PaladinRegistry.com | Posted 01.23.2015 | Money
PaladinRegistry.com

This demographic trend combined with longer life expectancies due to medical advances and a historically low birth rate have helped to create a perfect storm for potential future insolvency.

Hey Millennials! 8 Important Financial Tips from Your Future Self

Jerry Patterson | Posted 12.09.2014 | Money
Jerry Patterson

If you could go back 30 years and give yourself one piece of advice regarding retirement planning, what would you say?

Don't Let Communicating with Millennials Feel Like Eating in the Dark

Jerry Patterson | Posted 01.17.2015 | Business
Jerry Patterson

If you want to grab the attention of the millennial generation, you need to personalize and tighten-up your communications approach -- which frankly, is how we should have been doing it all along.

Think Halloween Is Scary? Try Retirement

David A. Dedman | Posted 12.30.2014 | Money
David A. Dedman

Losing the ability to earn income can be pretty scary. Think about it. You've worked for decades receiving a check every two weeks, and all of a sudden it isn't there anymore! When you retire you'll have to make several shifts.

Baby Boomers and Student Loans are Pouring into Retirement

Jerry Patterson | Posted 12.23.2014 | Money
Jerry Patterson

A recent study by the U.S. Government Accountability Office indicated that "some 155,000 older Americans are now seeing deductions from their Social Security checks to pay off their federal student loans - up from 31,000 a decade ago."

Is the Internet Costing Lumberjacks Their Jobs?

Jerry Patterson | Posted 12.06.2014 | Money
Jerry Patterson

If you are a financial advisor, embrace the web and leverage digital learning to enhance your value proposition. Dedicate time to identify good videos, websites, digital books, webcasts, online classes and search terms related to financial planning.

Would You Rather See a Dog Brush His Tongue or Learn How to Prepare for a Secure Retirement?

Jerry Patterson | Posted 11.23.2014 | Money
Jerry Patterson

While you may not have time to read a book on financial planning or have the expertise to use elaborate financial-planning software, I would encourage you to take advantage of the amazing amount of free educational content available online. There are plenty of quick, bite-sized moments of learning that can have a material impact on your financial future.

Trying to Encourage Millennials to Save for Retirement? Three Key Factors to Consider

Jerry Patterson | Posted 10.26.2014 | Money
Jerry Patterson

Here are my top three things to consider if you're trying to encourage millennials to save for retirement.

Lump-Sum vs. Income Payments: Why Do So Many Retirees Take the Money and Run?

Jerry Patterson | Posted 10.13.2014 | Money
Jerry Patterson

The moment we're faced with deciding whether to take a lump sum often happens at the moment of retirement, which also means it's the moment our paycheck is turning off. Similar to a light switch turning off.

Sudden Wealth From Retirement?

David A. Dedman | Posted 10.12.2014 | Money
David A. Dedman

You made it. You are retired. Your new job will be doing whatever you want! Sounds good, right? Retirement can be a wonderful time. It's a Life Even...

'Click': Are You Ready for the Big Switch?

Jerry Patterson | Posted 09.21.2014 | Money
Jerry Patterson

At the moment of retirement, our paycheck stops like a light switching off. (Click!) For many, Social Security checks are significantly lighter than a regular paycheck, and yet, most of us still do next to nothing to adjust to this new reality.

Longevity Annuities: Buying Peace of Mind

Terry Savage | Posted 09.20.2014 | Money
Terry Savage

The dread fear of retirement is living so long that you run out of money. Of course, there will be Social Security, but as many seniors are finding o...

Spend It! You Earned It. 5 Great Ways to Begin Spending Your Kids' Inheritance Today

Jerry Patterson | Posted 08.12.2014 | Money
Jerry Patterson

Bucket lists do not just have to be the subject of movies. Write one. Make it ambitious. Start checking it off. Climb that mountain. Visit the seven wonders. Take those dance lessons. Buy that weekend car you always dreamed of driving

The New Retirement: Beginning With the End in Mind

David Giegerich | Posted 07.28.2014 | Fifty
David Giegerich

t is important to not be overwhelmed by the steps, but to embrace the goal. Once these steps are taken, it sets the groundwork of planning that opens the door to the important work of investment selection and asset deployment

"You're Fired!" 4 Survival tips for a 30-year Termination, aka Retirement

Jerry Patterson | Posted 07.12.2014 | Money
Jerry Patterson

What would happen to you right now if you were unemployable for the next 30 years? It would be a disaster for many, if not most people. Some would be forced to take dramatic measures to stay fed, clothed, warm and safe.

Congrats! You've Been Auto-Enrolled -- Now What?

Jerry Patterson | Posted 07.01.2014 | Money
Jerry Patterson

Congratulations! You were just automatically enrolled in a 401(k) plan by your employer. Should you be relieved or should you call the police?

5 Important Money Habits You Can Start Before You're 25

Jerry Patterson | Posted 06.10.2014 | Money
Jerry Patterson

The earlier you begin saving money and the earlier you begin managing debt, the more likely you will be able to react to the challenges and opportunities that lie ahead.

Take the 10 Percent Challenge and Get on the Road to a Wealthier and Healthier You

Jerry Patterson | Posted 05.12.2014 | Money
Jerry Patterson

We borrow. We spend. For many of us, we find very little room to save for the future. We stress over finances which can often lead to, or contribute t...

Zombies, Peanut Butter, Jam and Your Retirement Savings

Jerry Patterson | Posted 04.21.2014 | Money
Jerry Patterson

In all seriousness, it's clear from this study and many others that people are quick to say they want more choices and options when asked about nearly anything. This thinking can go a long way in retirement savings as well.

Lesson from Mike Tyson: Stop Admiring Your Balance; Start Fighting for Your Retirement

Jerry Patterson | Posted 04.14.2014 | Money
Jerry Patterson

As we go through life, the economy ebbs and flows. You work hard. You bring home a paycheck. You pay your bills. Hopefully you have money saved for retirement.

Your 401(k) Plan Sounds Like a Great Deal, But Is It?

Megan K. McAvoy | Posted 04.12.2014 | Money
Megan K. McAvoy

These questions are important to consider as you determine what percentage of pay you will contribute to your 401(k) plan.

The Walking Dead Meet the Retirement Drifters

Jerry Patterson | Posted 04.06.2014 | Money
Jerry Patterson

What does life in the aftermath of a zombie apocalypse, battling zombie hordes, dealing with predatory human survivors, and trying to maintain one's humanity in a hostile world have in common with the struggle to prepare for and survive retirement? Actually, quite a bit.

Will More People Be Working Longer As They Live Longer?

Sara Rix | Posted 04.02.2014 | Fifty
Sara Rix

Before taking the leap into retirement, we need to give a lot of thought to how prepared we are for 20 or more years without a paycheck. The most important question, of course, involves income and expenditures, those we can anticipate and those that are harder to predict, such as long-term care. And will there be enough left over to pay for some of the fun things we have been looking forward to?

Move Over Spandex: 10 Resolutions Designed to Better Prepare You for Retirement

Jerry Patterson | Posted 03.31.2014 | Money
Jerry Patterson

Push the spandex and marathon aspirations to the side for a minute. New Year's resolutions shouldn't just be about physical fitness.

Make Exercising Your Financial Health This Year's Resolution

Jerry Patterson | Posted 03.25.2014 | Money
Jerry Patterson

Start by developing a list of financial resolutions you want to achieve before retirement. Keep them simple and keep them doable. Then narrow that list down to the ones you want to achieve this year. Here are a few simple steps that can pack a lot of punch.