Originally posted at Reno Gazette Journal , by Brian Loy. The average American spends four decades dreaming and saving for retirement. Some transition well. Others struggle. Advertisers portray retirement as a life of leisure – endless walks on the beach and rounds of golf. But as Mitch Anthony wrote in “The New Retirementality,” playing golf every [...]
Originally posted at Yahoo Finance , by Ben Carlson. FILE – In this Wednesday, May 3, 2017, file photo, specialist Anthony Rinaldi works on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File) This post first appeared on A Wealth of Common Sense. In the U.S., the standard distance between railroad train tracks [...]
Originally posted at financial-planning.com , by Amanda Schiavo. The decumulation phase is a major life transition for clients, in ways they may not be considering, as well as a new business phase for most advisors. As with any big transition, though, there’s opportunity. Navigating this new phase so both the client and advisor can benefit [...]
Originally posted at CNBC , by Deborah Nason. Retirement is the big financial finish line, but clients often don't know what they want to do when they get there. Advisors are delving into psychological aspects of retirement planning to help them figure it out. The need for this became clear to Amy Jo Lauber, certified financial planner [...]
Originally posted at USA Today , by Robert Powell. Retired and non-retired Americans say the freedom of being able to do “what they want, when they want,” is the most valued aspect of retirement, according to a recent Limra Secure Retirement Institute blog post. Trouble is, many retirees and pre-retirees don’t necessarily know how they’ll spend [...]
Originally posted at Investopedia , by Mack Courter. What are you supposed to do when you turn age 65, or perhaps even age 62? You’re supposed to retire. Age 62 is the magical year where you can collect early Social Security benefits. And age 65 used to be the age when you could collect full retirement benefits, [...]
Originally posted at 401k specialist , by John Sullivan. Visualization exercises can help Fewer than half of Americans have calculated how much they need to save for retirement, and in 2014, 30 percent of private industry workers with access to a defined contribution plan (such as a 401(k) plan) did not participate, according to [...]
Originally posted at Gazette , by Linda Leitz. The definition and expectations of a working life and retirement have shifted through the years. They continue to shift, both out of our changing desires and out of necessity. When the safety net of the Social Security system was introduced in the United States, unreduced benefits were available at [...]
Originally posted at Star Tribune , by Chris Farrell. Q: We now find ourselves fast approaching retirement. Our current financial planner has been very good in the accumulation phase of our lives, but we are having our doubts about whether he would be the best planner for the distribution phase. Any help that you could provide would [...]
Originally posted at USA Today , by Russ Wiles. If you want to be happy in retirement, remain socially engaged, look for new challenges and — most of all — stay curious. "Curiosity is the fountain of youth," said Mitch Anthony, a trainer and consultant at Advisor Insights in Rochester, Minn. "It's about still wanting to learn [...]
Originally posted at financial advisor magazine , by Evan Simonoff Financial advisors can spend decades working with clients to craft a retirement plan that, on the surface, appears bulletproof from the standpoint of investments, retirement income and assetliability management only to see it fall apart in short order. The fact is it happens a lot more frequently [...]
Originally posted at change masters , by Tom Mungavan. I went to a reunion of a group from my IBM days … long, long ago. Many of my peers were retired and talking a lot about golf. When asked when I am retiring, the honest answer is “Probably never” unless I lose my health. Truth is, most [...]
Originally posted at Daily Finance, by Hank Coleman. You can insure your home and car from disasters and accidents. Life insurance essentially protects your family from the loss of your income should tragedy strike. You can't insure your retirement accounts in the quite same way, but there are a few tried and true strategies that [...]
Originally posted at financial planning , by Mitch Anthony. Summer Reading 2014, Part 2: Top Picks on Amazon Finished your beach reading yet? Our Summer Reading List was so popular that we put together a sequel. Here are 10 of the top‐rated books for financial advisors on Amazon.com. Enjoy these helpful titles on a getaway ‐‐ whether [...]
Originally posted at New Haven Register , by Alan P. Weiss. Mitch Anthony, author of the “The New Retirementality,” was asked by a friend if he planned to retire early. Anthony thought about it for a moment, and then it dawned on him: “I like what I do. Why would I quit doing that?” This is a [...]
Originally posted at financial advisor magazine , by Mitch Anthony. “In a consumer society there are inevitably two kinds of slaves: the prisoners of addiction and the prisoners of envy.” –Ivan Illich In money-adoring urban strongholds, getting into a good kindergarten is as tough as getting into an Ivy League college. In the last decade, the number of [...]
Interview with Mitch Anthony; a sought-after financial services consultant, popular speaker, and host of “The Daily Dose” radio program. His RetireMentors column appears regularly on CBS marketwatch.com and he has been quoted numerous times in The Wall Street Journal, Kiplinger’s Personal Finance, and The New York Times. Mitch Anthony joins me in a discussion about redefining retirement. His book, The [...]
Originally posted at Digital Journal , By Jonathan Farrell A new edition of a book called "The New Retirementality" was just released this month. And, financial advisers and consultants in various financial circles are talking about its concepts. "I don't believe in retirement," said author, motivational speaker and consultant Mitch Anthony. "Retirement is kind of imposed upon us when [...]
Originally posted at financial advisor magazine , by Mitch Anthony. French writer Antoine de Saint-Exupery wrote, “A goal without a plan is just a wish.” Now that’s a phrase financial planners live by, for isn’t that what we do—plan? But as financial life planners, there is another side to that: A plan without a goal is not [...]
Originally posted at Digital Journal Jonathan Farrell. "Pensions are a thing of the past," said Zack Clow, regional Vice President of Northern California for Invesco. He was the guest speaker at the Sonoma Valley Chamber of Commerce on Nov. 21 for Edward Jones Investments financial adviser Daren Blonski. Each month Blonski and his staff at the Edward Jones [...]