You've spent decades building your nest egg Then when you retire you need a plan to stop saving and start spending but not too much that you risk running out of money As Peter with Richon Planning explains to Erin Kennedy it's a delicate balance that requires you to consider these variables A Plan to Minimize Taxes Make the Right Decision about Social Security Benefits Choose the Right Pension Payout Balance Guaranteed Income and Long-Term Growth Plan for Longevity Account for Inflation Accounting for each of these variables will be different for everyone If you'd like to speak with a [... more]

On this episode of Our American Stories Andrew Thompson shares another slice of his guide to understanding the baffling mini-mysteries of the English language The book is Hair of the Dog to Paint the Town Red The Wonderful Origins of Everyday Expressions and Fun Phrases Support the show https www ouramericanstories com donate See omnystudio com listener for privacy information [... more]

Most of us make money by working a job But there is another way to make money mdash and that rsquo s by putting money itself to work On today's MoneyWise Live Rob West will explain that getting your money to earn more money is crucial if you rsquo re going to build a nest egg for the future Then he rsquo ll answer your calls and questions on various financial topics nbsp See omnystudio com listener for privacy information [... more]

Only one third of retirees are comfortable spending their retirement money Most would rather live off Social Security pensions or income from part-time work rather than spend down their nest egg It is a delicate balance in retirement you don't want to compromise your quality of life but neither do you want to run out of money Peter with Richon Planning specializes in helping people change their mindset in retirement He explains his action plan to Erin Kennedy Create a Spending Plan Assess Fixed Income Sources Bridge the Retirment Gap A holistic financial plan will include sustainable income sources that [... more]

For almost every retiree their biggest fear is running out of money You want your retirement to be a fitting reward to a lifetime of hard work But it's hard to know exactly how much money you'll need to achieve your unique retirement goals without sacrificing your quality of life In this video Peter with Richon Planning and Erin Kennedy break down the three biggest risks to your retirement nest egg Longevity Risk Today a couple at age has a chance of living beyond Changes to Social Security The government will have to make changes to Social Security if the [... more]

There are two kinds of people in this world mdash borrowers and savers Right now times are not good for the savers Historically low interest rates are proving to be a problem for those with fixed return investments On the next MoneyWise Live hosts Rob West and Steve Moore talk with Mark Biller about strategies to protect your nest egg from inflation It rsquo s the retirement investing challenge on the next nbsp MoneyWise nbsp Live at pm Eastern pm Central on Moody Radio [... more]