TITLE

Retirement Reality Versus Magical Thinking

AUTHOR(S)
Savage, Diane C.
PUB. DATE
July 2006
SOURCE
Journal of Financial Planning;Jul2006, Vol. 19 Issue 7, p38
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on retirement planning in the United States. Life expectancy, health expectancy, and workforce demographics are factors in income planning. There is concern that people have delayed financial planning and will not have enough income to cover their retirement expenses. Data includes examples of retirement age for married couples, their social security payments, and other supplemental income. The views of Steven B. Sass, author of "Reforming the U.S. Retirement Income System: The Growing Role of Work," are mentioned.
ACCESSION #
22065591

 

Related Articles

  • Greatly Reduced Life Expectancy: How Should It Affect a Couple's Social Security Claiming Strategy? Meyer, William; Reichenstein, William // Journal of Financial Service Professionals;Jan2014, Vol. 68 Issue 1, p39 

    Suppose a male has been diagnosed with an illness that reduces his life expectancy to two years. How should this reality affect his decision and, if applicable, his wife's decision, for claiming Social Security benefits? If he is younger than Full Retirement Age (FRA) and qualifies for Social...

  • When To Take Social Security. Updegrave, Walter // Money;Dec2004, Vol. 33 Issue 12, p69 

    The article focuses on when to retire and take Social Security benefits. It's the most important question retirees face. Should you begin collecting benefits as soon as possible, even though your payments will be 25% to 30% less? Or should you pass on the smaller check in favor of larger monthly...

  • THE POPULAR PICK: Allocated pensions. Freeman, Peter // Money (Australia Edition);May2004, Issue 5, p64 

    Looks at several options with regard to retirement pensions. Information on growth pensions; Benefits of complying pensions; Advantages & disadvantages of allocated pensions. INSET: Social security and allocated pensions.

  • Psych Yourself to Save. J. B. // Fortune;7/11/2005, Vol. 152 Issue 1, p96 

    Presents four problems that hinder saving and offers advice on how to avoid them. Automatic savings plans that put money into a 401(k) plan, mutual fund, or savings account to prevent overspending; Idea that "windfall" money can be saved by thinking of it as regular income, which is suggested in...

  • Psych Yourself to Save. J. B. // Fortune International (Europe);7/11/2005, Vol. 152 Issue 1, p52 

    Presents four problems that hinder saving and offers advice on how to avoid them. Automatic savings plans that put money into a 401(k) plan, mutual fund, or savings account to prevent overspending; Idea that "windfall" money can be saved by thinking of it as regular income, which is suggested in...

  • Social Security benefit timing can have big impact. Grande, John J.; Grande, Traudy F.; Grande, John S. // Ophthalmology Times;2/1/2007, Vol. 32 Issue 3, p52 

    The article focuses on several factors and considerations regarding Social Security benefits taking for individual retirees. It has been inferred that Social Security is a significant source of retirement income, and the proper timing to take these benefits makes a big impact on retirement...

  • Stop freaking out about retirement.  // Consumer Reports;Oct2014, Vol. 79 Issue 10, p25 

    The article presents information and advice on several topics related to retirement in the U.S. Topics include details on how women can plan for retirement with mention of the role of separate retirement savings accounts from spouses, details on the role of Social Security in a retiree's income,...

  • Can you afford to live to 100?  // Consumer Reports Money Adviser;Jan2014, Vol. 11 Issue 1, p6 

    The article discusses financial planning strategies based on an individual's forecasted life expectancy, with a focus on lifestyle and heredity. Topics include research regarding the effect of inherited traits on longevity, retirement planning, life expectancy calculators, and financial...

  • Reconstructing Your Retirement. Updegrave, Walter // Money;Jan2005, Vol. 34 Issue 1, p21 

    The article answers questions about privatization of social security. When President Bush announced immediately after his re-election that reforming Social Security would be a priority of his second administration, there wasn't any doubt what kind of reform he had in mind. The President would...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics