Retirement insights from a Colorado PERA perspective

News You Should Know

Retirement Roundup: 10 Things to Know About RMDs

Photo credit: George-Doyle-Stockbyte-Thinkstock

A digest of timely information and insight about finance, investing, and retirement.

10 Things to Know About RMDs | BenefitsPro

RMDs or Required Minimum Distributions are required for retirees age 70½ or older. Find out about deadlines, penalties, and requirements in this article.

Here’s how much the average family has saved for retirement at every age | CNBC

How does your retirement savings nest egg stack up against what the rest of America has saved? Find out in this analysis conducted by the Economic Policy Institute.

The best investment for retirement? Try marital counseling and a home miles away from your kids | The Globe and Mail

Money may not be all it takes to live happily ever after in retirement. After a certain amount of investable assets, happiness tends to decline with further wealth according to the Health and Retirement Study, a long-run study sponsored by the National Institute on Aging and the Social Security Administration.

Older Workers Unable to Retire Cost Employers $50,000 a Year | PlanSponsor

New research shows the cost for employers with workers who delay retirement to be 1 – 1.5 percent of payroll. The study, conducted by Prudential, found that 57 percent of finance executives said they think a significant proportion of their workforce will delay retirement because of inadequate retirement savings.

Retirement Choice Causing Some to Run Out of Money | Forbes

Why employees should think twice about taking a lump sum benefit in retirement and the impact of “the lottery effect” on those who do.

When it comes to retirement, a dream isn’t a plan | MarketWatch

Comparing vacation planning to retirement planning and 13 questions everyone needs to ask to plan for a successful retirement.

Comments

  1. Renee says:

    How does pre and post tax medical insurance, etc. affect PERA retirement benefits. We make the same gross pay but I was told to change my deductions at least 5 years prior to retirement. Again, I don’t understand that because I thought PERA retirement was based on gross pay like soc. security.
    thank you.

  2. Gloria Santistevan-Feeback says:

    In one of your articles from Benefits Pro – 10 Things to Know About RMD’s – I’m pretty sure some info is incorrect. It says RMD’s begin when a retiree turns 70 1/2. That has recently changed to 71 1/2.
    Am I correct?

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe To Stay Up To Date

  • Share

  • Print