'Preparing one's legacy takes some planning (Daily Breeze) Like many happily retired couples, Zhanna and Irl have been so occupied with enjoying retirement -- traveling, spending time with grandchildren and catching up with longtime friends -- that they've not really focused on what they formerly thought of as the "distant future" -- estate planning.
'Saving for retirement based on 'guesswork' (Scoop.co.nz) Over half of Kiwis are basing their retirement savings on pure guesswork without any professional support to ensure they and their families have the money they will need for their retirement years.
'Planning for longevity (Reuters via Yahoo! News) Only a small percentage of people die at the age all those life expectancy charts predict they will. Most people die sooner or live longer. That's the point of statistical averages.
'Still River Releases New Paper in Series on Comprehensive Retirement Income Planning (Business Wire via Yahoo! Finance) HARVARD, Mass.----Still River has just posted its new paper, "Retirement Income Planning, Part 12: The Fallacy of the One Best Solution" . This paper proposes that instead of throwing all their resources at developing the perfect retirement income planning program, which is an impossible feat, financial services companies would be better off launching multiple initiatives on an experimental