Entries by Paul Partridge

10 Retirement Commandments to Obey

When the markets get jumpy people start to wonder whether their retirement savings are going to go the distance. Now might be a good time to review the basics, aka “The 10 Commandments of Retirement.” My favorite is Commandment #10: “Invest in ways that will provide a steady income stream in retirement. In many ways, […]

Are You Budgeting Enough for Health Care in Retirement?

Health care costs are increasing faster than any other expense (except maybe the cost of college). Which probably explains why one of the most common questions we hear is, “How much should I budget for health care costs in retirement?” My knee-jerk response usually is, “It depends.” That’s such a weaselly answer. This article is […]

How Does Your Retirement Savings Compare to Others?

Ever wonder how your retirement savings compares to others? America’s largest retirement-plan provider has just released the average 401(k) balances according to age. For example, in the 2nd quarter of 2018, the average Fidelity 401(k) account balance for workers age 50 to 59 was $174,200. Fidelity also reports the average contribution rates by age. Keep […]

An Odd Way to Retire?

Earlier this month, professional football player Vontae Davis of the Buffalo Bills announced his retirement – effective immediately – during halftime of their game against the Los Angeles Chargers. Yes, he retired in the middle of an NFL game. “He said he’s not coming out [of the locker room]. He retired,” Bills linebacker Lorenzo Alexander […]

The Psychology of Money

I’d like to launch this new section of the website by referencing one of the best articles on retirement investing (or any kind of investing, actually) I’ve read in years. The author is Morgan Housel of The Collaborative Fund, and his writing focuses on the part of investing that gets scant attention: what’s going on […]