Americans approaching retirement may anticipate changes in income, but those changes don’t need to affect how they support their dependents. If you’re worried about not being able to maintain your current lifestyle in retirement, you’re not alone. But looking beyond simply funding your own retirement lifestyle, a broader concern could...
Fulfill your desire to give back to the community. During retirement, volunteering can be a great way to remain involved in the community and apply skills from your life experiences. Whether you’re already retired or planning to be, if you’re interested in volunteering, it’s important to find a reputable organization...
By Walter H. Zultowski, Ph.D The insurance industry’s Society of Actuaries recently completed a survey1 of the public’s perception of their financial risks in retirement, and how they plan to manage them. In this research, there was one statistic that gave me pause. More than half of today’s pre-retirees (52 percent)...
By Walter H. Zultowski, Ph.D For most of us, the word “inheritance” conjures up a positive image. However, there is another type of inheritance that is less frequently discussed – debt. A recent study by Securian Financial Group1 provides some interesting perspectives on this topic. One is that a significant...
