Creating a Plan for Guaranteed Retirement Income

Regular readers of this blog may recall that I have been studying the work of Zvi Bodie, a professor of finance at Boston University. (I mentioned Prof. Bodie in my post on Retirement Income and the Myth of Equity Risk.) After much consideration, I’ve decided to adopt Prof. Bodie’s concepts into our retirement income plan. More particularly, I have created a plan to provide guaranteed retirement income. I will explain.

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Can I Afford to Retire?

How many times will baby boomers ask themselves this question:  Can I afford to retire? This is the financial part of the “am I ready to retire” question.

I am on vacation right now, the market dropped today, and now I find myself once again fighting off the dilemma of retirement affordability. Read more

Plans for Retirement Income

What retirement income plans are Americans relying on now? Wouldn’t it be nice to have a guaranteed retirement income? Do you have a plan for that? Low risk retirement income is a topic we are all interested in. So where do we find it? Read more

Stock Dividends for Retirement Income

Now may be a good time to reconsider using dividend stocks to generate retirement income.  The promise of capital appreciation from stocks and mutual funds has been broken for a lot of us.  Income in retirement is what we need.  So how are baby boomers going to find that income, beyond Social Security and (if you are lucky) a pension? Read more