Retirement Planning
Living at a level of comfort you’re used to when you retire requires taking steps to ensure that you have enough money. Retirement planning involves examining your goals for retirement, and then figuring how much you need to meet those objectives. You need to figure-out when to start investing and saving, how much you need to save, and what you may expect to receive from other sources such as Social Security. Retirement objectives, costs and resources are issues you need to take stock of before you quit working. Otherwise, you may find that you can’t afford to stop working.
Listen to Zvi Bodie When it Comes to Retirement Planning
Zvi Bodie is absolutely one of the most honest and refreshing voices in finance and economics. Professor Bodie also happens to be an advocate of life-cycle investing.
A recent interview with Bodie is highly recommended and available in U.S. News & World Report.
Highlights from the interview include:
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Chief Investment Strategist from TIAA-CREF -- Think of Income When Considering Annuities
The Business Week Cover Story on Retirement--Life-Cycle in Theory but Status Quo in Practice
Business Week just ran a timely cover story on the post-financial crisis retirement landscape. Portions of the feature present a remarkable contradiction. While there is a clear endorsement of...