Kiplinger

Create a Retirement Income Plan That Keeps You on Solid Ground

Despite a bull market that happily trotted past its ninth birthday a few months ago, recent market volatility has caused many Americans to worry that their nest eggs aren't ready for retirement.

In an April Gallup poll, almost half of those who are not yet retired (46%) projected they won't be financially comfortable when they stop working. And in another poll, published in June by Ameriprise Financial, only 21% of the retired respondents said they felt confident about drawing down their assets.

This indicates to me that many people are concerned about transitioning from the mindset of growing your money to living off of it. Frankly, this is not an easy transition to make due to the fact that

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger4 min read
Got Crypto? The IRS Really Wants to Know
The 2022 crypto price crash understandably has some investors concerned. But for those of you who haven’t run for the hills, it’s worth knowing that cryptocurrency currently has the attention of not only the Biden administration, and Congress, but th
Kiplinger5 min read
What You Need to Know About Life Insurance Settlements
Your life insurance monthly premium can start looking less and less appealing once you’ve retired. It’s a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own
Kiplinger2 min read
Tax-Savvy Charitable Giving With QCDs Can Benefit Both Giver and Receiver
Plenty of retirees like to give back to their communities through charitable donations, but questions often arise over the best way to do that. What approach is efficient, provides the tax benefits you’re after, and also is advantageous for the chari

Related Books & Audiobooks