Retirement Advice for Uncertain Times

Posted On: August 26th, 2010 by Bob Richards

Maintain a Steady Keel
If you are at the outset of your retirement and are counting on your savings for income, you may be a bit disconcerted about the economy and seek some retirement planning advice. A dipping stock market and housing market, rising crude prices, and the government’s refusal to make meaningful moves, make fears [...]

Read the Post »


Learn Investing–Ask Your Kids

Posted On: August 17th, 2010 by Bob Richards

Your kids are likely far better investors than you.  The seek to learn investing on their own so as to avoid the dependence and fees of using a professional.
Young millionaires disparage the value of financial advisors per a recent study by Spectrem Group.  The study summarizes that millionaires under the age of 45 prefer self-directed [...]

Read the Post »


China Investing for the Retired Investor

Posted On: August 2nd, 2010 by Bob Richards

You may be curious as to how you can invest in China and also worried about doing so.  You of course hear about the real estate bubble in China and of course are worried about investing in a communist country.  You also know that fast growth markets are subject to high volatility in their economies.  [...]

Read the Post »


FINRA Fines

Posted On: July 26th, 2010 by Bob Richards

The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. All told, FINRA oversees nearly 4,700 brokerage firms, about 167,000 branch offices and approximately 635,000 registered securities representatives.  Their job is to protect you, the investor, that you have a safe [...]

Read the Post »


Invest for Retirement- The Right Way

Posted On: July 22nd, 2010 by Bob Richards

You mess up your own retirement investing
While it seems that the economy, interest rates or the stock market has much to do with your retirement financial success, your own actions may account for more of your success or lack thereof, then you care to admit.  Morningstar, the well known mutual fund research firm, estimates that [...]

Read the Post »


Rollover IRA to Meet Your Retirement Goals

Posted On: June 29th, 2010 by Bob Richards

A rollover IRA is a retirement account that you can use to consolidate the funds you’ve set aside in various other retirement accounts. Bringing your funds together can give you access to a wider range of investment options and will make the management of your investments much easier. This way, if your retirement [...]

Read the Post »


Senior Investment Newsletter Provides Fresh Retirement Advice Each Month

Posted On: May 11th, 2009 by Bob Richards

Receive 12 monthly issues of the SeniorFinances Newsletter. Here is a small sample of articles that have appeared:

Social Security Benefits How To Get A Bigger Check
If You Can Save In Retirement Put It Where It’ll Count
Eight Ways To Generate Supplemental Retirement Income Without Special Skills
The Best Ways To Take Charge Of Your Retirement Income And [...]

Read the Post »


Social Security Benefits—How to Get a Bigger Check

Posted On: March 9th, 2009 by Bob Richards

Sure you can start your social security benefits at age 62, but is that wise? In most cases not. In most cases, given average life expectancy, you earn more by waiting until your full retirement age to start benefits. If you’re married, you have even greater flexibility and opportunities to get higher social security benefits.
One set [...]

Read the Post »


Reverse mortgages can turn your home’s equity into spending dollars

Posted On: February 23rd, 2009 by Bob Richards

If you are retired, you may have discovered that your current income is insufficient to meet your living expenses, especially if you have unexpected medical or funeral bills.  In many cases, either liquid assets or insurance will be sufficient to meet these needs.  But in some cases, neither of these avenues is available.  Therefore, in [...]

Read the Post »


If You Can Save in Retirement, Put It Where It’ll Count

Posted On: February 4th, 2009 by Bob Richards

In economic downturns everyone tends to tighten their budgets, and that includes retirees. In fact you may find you’re actually saving in retirement after paying your regular expenses. So where should you put this ‘extra’ savings as a retiree?

You may tend to just put it into your retirement savings into a bank account. [...]

Read the Post »