Sunday, June 15th, 2008

While America Aged

I lived in San Diego during their pension crisis a few years ago. The story was confusing and never held any interest with me. Boring. Change the channel.
So why would I read a book about the dull topic of pensions? Because it was written by Roger Lowenstein. He may be [...]

Monday, October 15th, 2007

Getting Rich on Social Security

Exciting news! The Social Security Administration tells me that if I keep plugging away and working until I’m 67, then they will reward me with $1665 each and every month. What will I do with all that money? I suppose I shouldn’t think about it too much since I still have 30 more years [...]

Saturday, August 25th, 2007

R-Score of 126

Nationwide Bank has an online test that calculates your R-Score. The R-Score is your retirement score. According to this mini-wizard, I’ll have 126% of what I need to maintain my current standard of living when I retire.

What is 126% of my current lifestyle? Instead of a 1200 square foot apartment in Bellevue, does [...]

Tuesday, May 15th, 2007

Retirement Age or Retirement Place?

My guess is most people probably aren’t devoting sufficient time to planning and saving for retirement. I read somewhere that the average Baby Boomer has less than $50,000 in savings heading into retirement. On the surface this means that workers won’t be able to retire, so they will continue working.
In the book Bull’s Eye Investing: [...]