I don’t want to be morbid, but the reality is that one spouse in a marriage will almost certainly outlive the other. It’s also likely that the surviving spouse could live a very long time. According to actuarial data, there’s approximately a 50% probability that at least one spouse in a healthy 65-year-old couple will … Read more
Lots of people make resolutions this time of year. Not surprisingly, things like paying down debt and saving more tend to show up the most. According to Fidelity’s Fidelity’s 11th annual New Year Financial Resolutions Study, “more than half of Americans, 53%, say they aim to save more in 2020, 51% plan to pay down … Read more
Earlier in 2019, I wrote about some retirement legislation that was pending in Congress. Well, surprise, surprise—it passed recently. (Interestingly, the bill was languishing in congress until it was added to a 2020 spending bill and seemed to slip in under the radar.) It’s the most significant legislation since the Pension Protection Act of 2006 … Read more
