Beyond Bulls & Bears

Financial Wellness: Are College Costs Impacting Your Retirement?
Education

Financial Wellness: Are College Costs Impacting Your Retirement?

Recent statistics on student loan debt have found some rather alarming trends. Not only are many parents prioritizing the financing of college for their children over their own retirement, but some are still paying off their own student debt—even into their 60s. Franklin Templeton’s Mike O’Brien, Roger Michaud and Drew Carrington recently sat down to discuss the intersection of college and retirement savings goals, and how employers are actually offering some solutions to help manage both.

Social Security Giveth and Medicare Taketh Away
Education

Social Security Giveth and Medicare Taketh Away

Retirees got some good news from the US Social Security Administration, as it recently announced a 2.8% bump in benefits in 2019, the largest increase in seven years. Unfortunately, the good news also came with some bad news—higher Medicare premiums that could offset those gains. Gail Buckner, CFP, our personal retirement and financial planning strategist, takes a look at the situation.

Can You Retire Your Retirement Risk?
Education

Can You Retire Your Retirement Risk?

Many (if not most) people think about retirement in terms of saving for the day they leave the workforce and won’t be collecting a paycheck any longer. The prospect of outliving one’s savings is therefore a top source of stress, along with being able to pay escalating health care costs. Perhaps more individuals should plot a strategy to generate income in retirement, says Michael Doshier, vice president, retirement marketing at Franklin Templeton Investments. And no, he doesn’t mean spending your senior years flipping burgers or bagging groceries.

DOL Fiduciary Rule Still in Limbo After Latest Court Ruling
Education

DOL Fiduciary Rule Still in Limbo After Latest Court Ruling

"Recent court activity appears to be creating more uncertainty around the future of the [DOL Fiduciary] rule than ever. Most financial institutions have adjusted business practices to mitigate litigation risk and moved to a model in which they are in compliance, so it would be far from simple to unravel what’s already been done.” - Dan O’Lear, Yaqub Ahmed, Drew Carrington and Michael Doshier

Retirement Income Planning Takes a Flexible Approach
Education

Retirement Income Planning Takes a Flexible Approach

Dennis Heinke, vice president of North America Product Strategy at Franklin Templeton Investments, discusses the challenge of generating retirement income and some strategies that can help alleviate some of the anxiety surrounding it.

Social Security Benefits Set to Increase, but Don’t Get Too Excited
Education

Social Security Benefits Set to Increase, but Don’t Get Too Excited

Gail Buckner, CFP®, offers some useful information about a 2018 Social Security benefits bump, and outlines a new Congressional bill that may change the benefits equation down the road.

Don’t Believe Everything You Hear about Social Security!
Education

Don’t Believe Everything You Hear about Social Security!

“Some people believe Social Security is going to disappear within a matter of years. That means retirees and those living on disability insurance will get nothing. As in nada, zippo, the big fat zero … How likely is this? Not. At. All.” - Gail Buckner, CFP®.

Despite Scary Headlines, No Big Changes to Social Security’s Outlook
Education

Despite Scary Headlines, No Big Changes to Social Security’s Outlook

Every year the Trustees of the US Social Security and Medicare trust funds provide their report on the current and projected financial status of these programs. Gail Buckner, CFP, our personal retirement and financial planning strategist, takes a look at this year’s scorecard from the Trustees. She says media headlines or political rhetoric suggesting Social Security is near death are greatly exaggerated.

The Least-Known Tax Break?
Education

The Least-Known Tax Break?

Gail Buckner, CFP, our personal retirement and financial planning strategist, walks through a little-known tax credit called the “Saver’s Credit” you may want to learn more about.

Questions Linger about End of Two Social Security Claiming Strategies
Education

Questions Linger about End of Two Social Security Claiming Strategies

The Bipartisan Budget Act of 2015 did away with two Social Security claiming strategies known as “file and suspend” and “file and ...

Retirement: The Vacation of a Lifetime

Retirement: The Vacation of a Lifetime

Saving for Retirement Stage 2: The Sandwich Generation

Saving for Retirement Stage 2: The Sandwich Generation