'Managing Retirement Income' Articles

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Managing Retirement Income articles deal with all the ways and sources you can use to generate retirement income. This can include investing for income, laddering bonds, arranging withdrawals from your investments, working part time, choosing annuities to help your income.  They also address handling debt or loan issues to maximize income. Reverse mortgage approaches are also addressed. Social Security income is handled in a separate category. See for yourself below.

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Paying Down Your Mortgage for Retirement
Paying off your mortgage at retirement gives you the peace of mind that your house is all yours and lowers your expenses for your lower retirement income. Here’s more of what this means…read more


Why You Might Refinance Your Mortgage as You Approach Retirement
It’s often wise to pay off your mortgage before starting retirement. But if you can’t pay it off, here are some considerations for refinancing it...read more

Make Sure Staying On Your Job Won’t Undermine Your Pension Benefits
If you’re looking to stay on your job for some extra income after retirement age, make sure that you’re not financially shooting yourself in the foot. Here’s what to be aware of…read more

Appraising The Alternatives To A Reverse Annuity Mortgage Is Essential
If you’re in search of more retirement income, you may consider tapping the equity in your home. Taking out a new mortgage or a homeowner’s equity loan gives you money but leaves you with a current obligation to make loan payments...read more

An Approach to Interest-only Investing for Your Living Expenses
During retirement some people want to restrict their income only to interest income from their income-based investments. They like the security of principal that such investments have. So how might they arrange their portfolio to make this feasible over a long retirement horizon?...read more


What Is Your Retirement Income Replacement Ratio?
How much retirement income will you need to live as you do now?  That’s what the ‘retirement income replacement ratio’ is about. ... read more


Reposition Your Income and Growth Investments to Minimize Taxation
The before-tax contributions allowed for government-regulated retirement plans (such as 401(k)s and IRAs) entice many people to grow a large fraction of their retirement savings within those plans. But money you eventually withdraw from them is taxed at ordinary income rates – a potentially high rate. And their required minimum distributions (RMDs) begin after you turn 70˝. How can you minimize taxation of your savings?...read more

How a Spouse Can Claim Spousal Benefits Now and More Benefits Later
Social Security pays benefits (i.e. income) based either on your own earnings or on your spouse’s earnings. The latter is a spousal entitlement. Gimmicks abound by how you can increase your takings from the Social Security System. Here’s another…read more

Are Government Inflation Bonds called I-Bonds for You?
I-Bonds are savings bonds sold by the U.S. Treasury. They’re not the old savings bonds bought for you when you were kids. But they’re a way to invest money for the conservative part of your portfolio. Let’s check out what they have to offer you…read more

Payoff Your Mortgage before Retiring to Handle Economic Downturns
Retirees can increase their peace of mind by ensuring they can weather economic downturns. Getting out of debt helps and that includes paying off your mortgage.  Here’s why…read more

Retirees Can Help A Family Member With A Loan, Gift, or A ‘No’
Having worked and saved for your self-supporting retirement income is good not only for you but is a benefit to your kids and other family members. Keep that in mind when younger members ask for money. But sometimes the younger generation does ask financial aid from you. Here’s how you might handle that…read more

Delaying Your Retirement Is A Way to Increase Your Retirement Income
With a substantial loss in retirement savings, many about-to-retire boomers feel they have to keep working to make up for those lost savings. But regaining their previously projected retirement income may not be as hard as they think. Here’s why that’s so…read more

Consider and Plan for All Working Options during Your Retirement Years
Once the recession subsides, a possible labor shortage may cause employers to try to entice their experience workers not to retire or to come out of retirement.  This can be a boon for those about to retire or already retired; it can be a way to beef up their retirement finances. If such an opportunity does present itself, consider what the ramifications would be for you...read more

Tips For Job-hunting When You're Older
Some of us approaching or arriving at the traditional retirement ages recognize that we’ll have to continue to work somewhat into retirement years. Workers without traditional employer-sponsored pensions and retiree health plans often need to work until they qualify for Social Security and Medicare. Our recent recessionary environment has left many out of a job and looking for work. Here are some ways for finding work...read more

Know How to Choose Between a Monthly Pension and Taking a Lump Sum
One major decision ‘about-to-be’ retirees must make is whether or not to take their pension as a lifetime series of monthly payments or as a lump sum.  Don’t worry. You can make a confident decision if you take a methodical approach. And here’s how to go about doing that...read more

Recent Protections for Seniors Wanting a Reverse Mortgage
The reverse mortgage was created for seniors who were cash-poor and house-rich. They could use the reverse mortgage loan for anything. But most seniors wanted the money to help pay living and medical expenses...read more

Retirees Should Consider Investing More in Real estate
If you’re starting your retirement, consider your portfolio allocation strategy – i.e. how to split your money among different asset categories. You’ll want investment income to cover living expenses but you’ll also need long term investments to maintain your portfolio’s value against inflation damage.  Here’s why real estate investments can deliver both of these...read more

Use High Income Investments in Your IRAs for Retirement Income
The tax-deferred and tax-free nature of IRAs makes high income investments attractive for retirees especially if they’re looking for income to live on. Here’s why...read more

Withdraw from Taxable Accounts First and Let Tax-Deferred Accounts Compound to Best Maintain Savings
Retirees who need to dip into savings to pay their yearly expenses should first take from their taxable accounts (i.e. not IRAs, etc). Let the tax-deferral help your tax-deferred accounts grow faster for greater future savings. This article explains why...read more

Failing Health during Retirement Brings You through 3 Distinct Financial Stages
Determining how much income you’ll need to get you through retirement can be tricky. We can’t predict how long we’ll live nor how our health will fare over the duration. It’s wise to consider how failing health may bring you through different financial stages – each with its own income demands. That’s what this article is about...read more

Ways for Soon-to-be Retirees to Protect and Preserve Their Assets

If you’re in the 62 to 65 year old range, you’re getting ready to retire. And you have a remaining life expectancy that’s statistically about 20 years or more - still a long way to go.  Be sure to prepare to preserve your assets for the long haul. Here are a few things to work on...read more

Retirees, Take Charge of Your Retirement Income and Expenses
To get the most for your buck, you need to take charge of your income and expenses - maximize the former and minimize the latter. Knowing the statistics of retirement incomes can help you understand where you stand compared to others...read more

Watch You Don’t Pay More on Loan Consolidations
In preparing for retirement, you may consider consolidating your loans for ease of payments. Perhaps you may just want to make one payment per month and minimize that amount. Beware you don’t end up paying more financing fees than you would on your original loans for consolidating them...read more

‘Retirement Work’ Can Be Good For You
Many who reach retirement need more income than their Social Security, pension or savings can supply. And many retirees also want something to ‘work at’ that keeps them going in a purposeful and satisfying way.  Whichever is the case, consider this for what to ‘work at’ in your retirement...read more

Know Your Income Options in Retirement
Most retirees want a steady income relatively immune to market turn downs, but not outlive their income. At 65 you have some 20 years of life expectancy and with 50% living longer! Inflation has historically averaged 3% which cuts the value of a dollar by a 25% in 10 years. Consider how to handle your income options...read more

Use Your Motivation to Prepare for Your Retirement Work
If it looks like you’ll need to work in retirement, at least for a while, choose an endeavor you enjoy to keep yourself motivated. This article gives you an approach to finding a job you want. Read more

How to Choose Retirement or ‘Independence’ Work for Your Salvation
Many who reach retirement need to work for more income. Those who are younger want out of the drudgery of their ‘employee’ jobs. Both can find something to ‘work at’ that makes life enjoyable. This article helps get them started. read more

Four Ways to Use Your Home Equity for Retirement Income
If you own a house, you can use its equity to improve your retirement income. This article summarizes 4 ways to generate income from your home’s equity. read more

Social Security Income – When Should You Start Receiving Yours
Social Security pays you a monthly income that’s annually adjusted to the cost of living (COLA) until you die. But whenever you die, all benefits to you stop. read more

How to Withdraw an Annual Income but Maintain Your Portfolio Value
Statically you have some 20 years more to live at retirement age. But you never know; you could live 35 more years. That means if you want to withdraw income every year to live on, you should withdraw only at a rate that keeps the ‘real’ value of your portfolio at least constant...read more

Get Oriented to Handling Your Retirement Income and Expenses
When you start your retirement, get a handle in what your income is and what your expenses are. Maximize the former and minimize the latter to give you more to do what you want...read more

Consider the Real Cost of You Loan Consolidation
Loan consolidations are targeted to people with good credit ratings. Debt consolidation, on the other hand, is directed to people with serious debt problems. Debt consolidation may hurt your credit rating. Here, we’ll concentrate on loan consolidation... read more

Do a Reverse Mortgage on You Home for Needed Income or Cash
For most people around retirement age, their home represents a big chunk of their assets. Unfortunately it’s just sitting there not being used – aside from a place for living. But now, you can turn the equity in your house into a stream of income or a lump sum payment...read more

Inflation Will Eat Up More Than Half Your Income after 25 Years of Retirement – Unless You Invest Right
Sixty-five year olds have a remaining life expectancy of about 20 years. And that means 50% will live even longer. So you should plan for your retirement income to last for at least 25 years. By all measures, inflation will take a big bite of a dollar’s purchasing power over that time. Below, I review inflation’s effect and the amount of portfolio growth you’ll need to maintain your purchasing power in your withdrawal income....read more

A Reverse Mortgage Is a Costly Option to Use Your Home Equity
The first advantage of a reverse mortgage is that it allows you to borrow from your home equity without having to pay it back for as long as you live there. But it’s a costly way to access your home equity. Here, I consider why it’s costly, who might best use a reverse mortgage and other options to access home equity....read more

Withdraw Conservatively While Investing Aggressively to Preserve Your Income and Portfolio’s Purchasing Power
Projecting how much reliable income your savings will give you concerns every potential retiree. Since you have a 50% chance of living more than 20 years at age 65, you really must plan to avoid dipping into principal until you’re quite old. But inflation over this time will eat into your principal...read more

Keep Your Wealth Longer by Withdraw Income from Your IRA or 401(k) Only After Using Up Your Taxable Accounts
As a retiree you’ve probably accumulated savings in both government-regulated retirement accounts – such as a 401(k) or an IRA – and regular taxable accounts.  You’ll withdraw from them for your annual living expense...read more

Different Tax Treatments Suggest an Order for Tapping Your Sources of Income
By the time you hit retirement, you’ve probably acquired a variety of savings and income assets. From these you’ll withdraw income to live on and enjoy your retirement years...read more





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