9 Guidelines for Retirement Success


This week’s AAII Weekly Digest highlights these “must-read” AAII articles:

Jane Bryant Quinn, nationally known personal finance writer and commentator, sits down with AAII Journal editor Charles Rotblut to discuss how reverse mortgages, stocks, bonds and annuities can be used by retirees to ensure they have adequate levels of cash flow in retirement.

Deena Katz

Intelligently planning for cash flow in retirement is critical, as poor planning may result in running out of money long before running out of life. The three elements that most significantly affect planning are the need for real, not nominal, cash flow (i.e., an income stream that increases with inflation); the risk of having to sell assets to provide income at the wrong time (i.e., during a bear market); and the likelihood of future decades of historically low market returns.

Retirement planning sites can assist you in determining how much you need to save for retirement and how much you can safely spend during retirement. Most comprehensive personal finance sites include retirement planning tools for individuals who need to determine how much to save; far fewer websites include low-cost calculators for investors who are looking for tools to determine how much they can safely spend during retirement. This list focuses on the sites with the best retirement tools.

Now that your once-distant dream of retirement is at hand, it can be an unsettling switch from being a saver to being a spender. It means having an entirely new approach to your money. It can be tough regardless of your financial expertise or the size of your portfolio. These nine guidelines from the Schwab Center for Financial Research can reduce your financial stress and give you the upper hand as you move into retirement.

Our Member Question for this week is:

Do you think the United Kingdom will follow through on Brexit and leave the European Union?


Last Week’s Results:

In general, how would your best friend describe you as a risk taker?


Click here to learn about the results of last week’s AAII Special Question.

AAII Investor Classroom: Setting Up an Ongoing Investing Program

“People don’t plan to fail, they fail to plan.” This axiom rings especially true when it comes to investing. In fact, the first step is always the hardest. And individual investors taking their first steps in an investment program must also confront a sea of stock market uncertainty. Some plunge headlong into the market with all their savings. Others barely wet their feet before heading back to the safe shores of their money market funds. The problem, however, with these two all-or-nothing approaches is one of timing—the risk of entering the market at a high point in the market cycle. This AAII Investor Classroom will guide you through those first uncertain steps into the investing world.

The AAII Weekly Digest is one of the many benefits of AAII membership. To learn more, consider a risk-free 30-day Trial AAII Membership to start becoming an effective manager of your own assets.


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