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From MarketWatch:
I’m 62, live in Missouri but work in Florida and have $1.8 million — ‘have I positioned myself well?’: Many readers may think $1.8 million is enough to retire immediately, but the truth is — it depends. Here’s what this reader should consider first.
Your retirement is years away. Can you count on Social Security?: The government program is facing insolvency issues, but Congress has never let it fail before. Here’s what to know about Social Security when planning retirement.
Saving for retirement on TikTok? Gen Z invests differently: Some young Americans are picking up personal finance tips on TikTok, but that’s not the only way investment firms are engaging with this new class of investors.
Also on MarketWatch:
How to claim Social Security at the right time
Why I won’t wait to take Social Security
The true cost of owning a home: Five things I learned when my laptop got drenched by a ceiling leak
Retiring is one of the most complicated things we do. This will make it easier
Social Security could be insolvent ‘within 8 years,’ economist warns
Is health care ageist?
How to extend your life by as much as two years
Should you worry about breakthrough infections if you’re vaccinated? Some precautions might be wise
More in retirement news:
Do you really need a 401(k) to retire? People over 50 without one weigh in (Real Simple)
Two of Bank of America’s post-crisis leaders will retire (The New York Times)
Considering retiring? Try a sabbatical instead (Kiplinger)
What can older clients do if they haven’t saved enough for retirement? (Barron’s)
New York City mandates retirement savings plans for all (SHRM)
Research and Insight:
Keys to facilitating retirement success (Plansponsor)
Survey shows importance of personalized approach to retirement planning (Advisor Perspectives)
Michigan voters support retirement savings options (AARP)
Employers plan to increase benefits to spur hiring, recovery (American Society of Pension Professionals & Actuaries)
Not everyone can delay their retirement (Center for Retirement Research at Boston College)
To share with your family, friends and clients:
How to get mentally prepared for long-term investing — no matter what the stock market is doing
3 surprising money traps that can drain a retiree’s savings
Do people plan to leave bequests? Do they have wills?
Why ‘James Bond’ star doesn’t plan to leave much money to his kids when he dies
How has COVID-19 changed the way you view your job?
How can I use my 401(k) to save the planet?
The best of times, the worst of times: Saving, borrowing, investing and taxes in a stormy economy Biden needs to address aging in America — why a presidential envoy would help
