Expenses

Longevity and Healthcare Cost Correlation

A recent research brief from the Center for Retirement Research at Boston College confirms that correlation between longevity and higher healthcare costs.

Review of Free Retirement Planning Tools

U.S. News & World Report featured a review of five free retirement planning tools that can be found online. The review includes retirement planning software from: AARP Fidelity MetLife T. Rowe Price The U.S. Department of Labor The general conclusion is that the tools do "an inconsitent and poor job," often ignoring critical factors such as longevity risk , inflation and medical expenses. Source: U.S. News & World Report Full Story

The Costs of Investing and How the Fund Management Industry Comes Out on Top

A common refrain among the financial media and the asset accumulation community is that annuities represent a poor option because of the high fees and expenses—much of which is presumably directed towards compensation of intermediaries—that are incurred by the customer.

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AARP Offers Tips on Retirement Spending and Annuities

AARP has published a tip sheet called Money Matters that offers advice on spending down one's assets in retirement. The tip sheet addresses a number of areas, including: When to claim Social Security . Asset Allocation . Annuities. Withdrawal rates. The role of one's home in retirement planning . For each topic, AARP offers a description of common or current practices, conventional wisdom and their general guidance. With respect to annuities, AARP notes that most people pay very little...
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Using Your Home as a Retirement Asset

There is a good article in the Motley Fool that discusses using a reverse mortgage to generate retirement income . A home or principal residence is often one of the larger assets on a retirees' balance sheet. A reverse mortgage enables one to create a stream of income from what is otherwise an illiquid asset . "a reverse mortgage is one option to consider if you need to generate more income in retirement. Combined with managing your investments to maximize income, a reverse mortgage may give...

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