Retirement / Blog

Making Friends, Strengthening Relationships

Ashley CorneliusRetirement

In the early days of childhood, we start picking up communication skills that are continually developed throughout our lives. We make close friends, stay in touch with them and make sure we’re there for the people we care about. But during retirement, it may take more effort to maintain those friendships. It’s important to remember that while we don’t typically … Read More

Retirement: The New Status Symbol

Ashley CorneliusIncome, Planning, Retirement

A lack of savings among many U.S. households could mean a change in the perception of retirement. It used to be a foregone conclusion that once you were too old to work, you retired. That’s not always the case anymore. More than a third of U.S. households in prime earning years or later have no retirement savings and no access … Read More

Is Feeling Younger the Secret to a Longer Life?

Ashley CorneliusRetirement

“You don’t stop laughing when you grow old, you grow old when you stop laughing.” ~George Bernard Shaw While some people accept getting older as a natural part of life, many others are on a mis\sion to fight the aging process and maintain a youthful attitude and appearance. Although we are often reminded to “age gracefully” – to accept our … Read More

How Much Retirement Income Should Come From Savings?

Ashley CorneliusIncome, Planning, Retirement, Savings

According to the Bureau of Economic Analysis, Americans’ personal savings rates are about half of the amount they once were. For the past few years, the personal savings rate has hovered around 5 percent, but that’s still significantly lower than the savings rate from 1950-2000, which averaged 9.8 percent. For many retirees, a big concern during retirement is running out … Read More

Savings and Investment Updates

Ashley CorneliusSavings

The American College of Financial Services recently posted some surprising results from its Retirement Income Literacy Quiz. Nearly three-quarters of respondents ages 60 to 75 failed the test with a score of 60 percent or less. The quiz included topics such as which expenses are covered by Medicare and long-term care insurance and what age people should start drawing benefits … Read More