New York Times: Retirement May Actually Cost Less Per Year as Average Spending Declines Over Time

Do you have enough saved for retirement? If you ask the average senior, their answer will likely be no. A steady stream of articles, including some we’ve included here on the AgingOptions blog, contributes to the fear shared by many U.S. adults that they are in real danger of running out of money as they…

Retirement Risks Can Be Eliminated

Retirees Describe Their Biggest Financial Regrets. Will We Learn from Their Mistakes?

“If I only knew then what I know now!” Many of us have uttered those words time and time again when we reflect on all the things we should have done differently decades ago. Nowhere are those “if only” regrets more acute than in the area of finances, especially when it comes to preparing for…

Woman concerned about retirement

Widows Face Special Financial Challenges, so Couples Need to Plan Ahead

It’s difficult for a married couple to visualize what the future will be like when one spouse has passed away. After all, today you’re both healthy and looking forward to enjoying many years of retirement together – and God willing, that’s what will happen. Nevertheless, at some point it’s a virtual certainty that one of…

Worried About Retirement Savings? You Can Still Improve Your Financial Picture, but the Time to Act is Now

Here at the AgingOptions blog, we like to present common sense articles that answer questions most retirees are facing. In the case of this article recently published on the CNBC website, the question on the minds of many seniors is pretty straightforward: how can I make certain I don’t outlive my money? Optimistic About Retirement…

Financial planning can help you build a nest egg.

Worried About Running Out of Money in Retirement? Consider these Seven Strategies to Make Sure You Don’t!

When we at AgingOptions talk with radio listeners and seminar guests, there’s one recurring question we hear more than any other: how can I make sure I don’t run out of money when I retire? While a small percentage of retirees have sufficient savings and investments to preclude money worries, the vast majority are facing…

Retiring with Debt? Consider These Three Ways to Make Your Debt Load More Manageable

Most people approaching retirement age probably dream about retiring debt-free. Entering retirement without the burden of debt is certainly the ideal – but if you think it’s the norm, think again. The reality is, about seven out of ten households headed by those in the 65-74 age group are carrying at least some debt load,…

Older Office Workers face age discrimination

New AARP Survey on Age Discrimination Shows 61 Percent of Older Workers Have Experienced It Firsthand

Pick up almost any retirement-related publication these days and there’s bound to be an article about how today’s boomers plan to work well past what used to be called “retirement age.” Experts say that workers today, either out of preference or necessity, expect to work at least to age 70 or even longer, but they…

Unexpected Financial Emergencies Can Play Havoc in Retirement. Do You Have a Coping Strategy in Place?

As professionals who help people from all walks of life plan for retirement, Rajiv Nagaich and his team at AgingOptions deal with common questions almost all the time. One of the most frequently-voiced worries from retirees and those facing retirement involves financial emergencies and how to handle them, especially when living on a fixed income.…

Syndicated Columnist Chuck Jaffe Advises Readers to Have “The Financial Talk” Now to Avoid Pain Later

If something were to happen to your spouse, would you know how to find all the important information about your financial accounts? Would all your beneficiary designations be up to date? Do you even agree on who your beneficiaries should be? If your answer is no, you’re not alone. The sad reality is that many…