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Retirement planning: How much money will you need to cover your healthcare expenses?
Headline: Retirement planning: How much money will you need to cover your healthcare expenses?
Publication: Milliman
Article Date: September 22, 2022
Review the average projected cost for a 65-year-old retiree under the two most common pathways for Medicare-eligible retirees and explore how these costs may vary so you can begin to prepare for managing these unavoidable expenses. Read More…
Should you use retirement money to pay off credit card debt?
Headline: Should you use retirement money to pay off credit card debt?
Publication: The Washington Post
Article Date: August 3, 2022
When your budget is tight and your debt load seems insurmountable, it’s easy to eye the money you have saved in your retirement account as a way out of a bad situation. But generally, you should try to avoid borrowing from your retirement account. Read More…
California Passes Legislation to Expand Mandated Retirement Plans
Headline: California Passes Legislation to Expand Mandated Retirement Plans
Publication: JD Supra
Article Date: August 29, 2022
On August 26, 2022, Governor Newsom signed Senate Bill (SB) 1126, which expands the CalSavers program started in 2016. Read More…
County and Partners Break Ground on Housing Complex for Homeless Seniors
Headline: County and Partners Break Ground on Housing Complex for Homeless Seniors
Publication: County News Center
Article Date: July 25, 2022
The County and its partners broke ground Monday on a new housing complex for seniors who experience homelessness. The 74-unit project in the Nestor area will serve San Diegans age 55 and older who are currently unsheltered or at risk of becoming homeless. Read More…
Many younger baby boomers may outlive their 401(k) savings, new research finds. Here’s why.
Headline: Many younger baby boomers may outlive their 401(k) savings, new research finds. Here’s why.
Publication: CNBC
Article Date: June 19, 2022
A new study finds that retirees spend down their 401(k) savings balances at an alarming speed. Many older Americans could be at risk of emptying their accounts by 85, although half of them will live beyond then. Read More…