by SDP Team | Nov 5, 2018 | Retirement
Your outlook may influence your financial outcome.What kind of retirement do you think you’ll have? Qualitatively speaking, what if the success or failure of your retirement begins with your perception of retirement? A whole field of study has emerged on the...
by SDP Team | Sep 4, 2018 | Retirement
The average American is nowhere near ready for retirement. Forty-six percent of baby boomers have nothing at all saved for retirement, according to a study from the Insured Retirement Institute, and 81% of Americans don’t even know how much they need to save to...
by SDP Team | Jul 31, 2018 | Retirement
New rules could soon mean more flexibility. By 2020, federal employees with Thrift Savings Plan (TSP) accounts should have new withdrawal choices for their invested assets. New rules are scheduled to be implemented through the TSP Modernization Act, permitting TSP...
by SDP Team | May 23, 2018 | Retirement
While improving behavior will help at any age, it won’t make up for years of unhealthy actions that have led to chronic conditions from diabetes to heart disease. It’s important to give your mental and physical health the same dedication and resources as...
by SDP Team | Jan 4, 2018 | Retirement
If you have ever sat down with a financial planner, you know that one of the main questions that comes up is, “How much income do you think you’ll need when you retire?” When I was asked this question, the first answer that popped into my head was,...
by SDP Team | Oct 16, 2017 | Retirement
A new estimate may convince you to work forever—if you can. In a perfect world, the largest expenses in retirement would be for fun things like travel and entertainment. In the real world, retiree health-care costs can take an unconscionably big bite out of savings....