Category: Retirement

To gauge how Americans are feeling about retirement, generally and in light of COVID-19, and to assess knowledge about life insurance and life settlements, Harbor Life Settlements conducted a nationwide survey of 1,700 U.S. adults across four generations. The data revealed a mix of attitudes, ranging from retirement confidence among certain groups to high levels of concern about the long-term financial impacts of COVID-19. There are also generational differences in how individuals plan to fund their retirement and in the retirement expenses savers are most worried about.

Social Security provides reliable income payments to millions of retirees. But the program can be easily misunderstood, thanks to some complex rules that govern how you qualify and what factors affect benefits for you and your family members. Before you build any Social Security assumptions into your retirement plan, make sure you have the facts straight. You can start with this list of nine common Social Security questions, answered.

Whether you’re nearing retirement or just starting out in the workforce, these are the essential steps you need to take in order to make sure you’ll be able to retire comfortably. Follow these step-by-step instructions to create a retirement income plan that includes how much money you’ll need and strategies to help you achieve this goal by the time you want to stop working.

The sting of the coronavirus pandemic is being felt far and wide. Even if you’re fortunate enough to have sidestepped illness, COVID-19 has likely made its mark on your retirement portfolio and, possibly, your income. Both outcomes signal it’s time to reassess where you stand with respect to retirement planning.

Worried about running out of money in retirement? You’re not the only one. A 2019 survey from Aegon and Transamerica Center for Retirement Studies indicates that 40% of people globally are worried about outliving their savings.

It’s never too early or too late to plan for retirement. Whether you are planning or saving for retirement or are already retired and looking for more lifestyle tips and advice, Harbor Life Settlement has pulled together a list of retirement blogs that will help you in 2020.

The best retirement communities generally deliver on climate, proximity to healthcare, affordability, social activities, and retirement center amenities. They can range from cozy, close-knit neighborhoods, to sprawling city-like meccas where you never have to wander outside the gates. You can also find less formal enclaves of retirees in cities throughout the U.S. — some of which make great retirement destinations for those who don’t like the feel of a master-planned community.

Here’s a look at 15 retirement locations that might match your definition of the ideal place to retire.