Tag: baby boomers
In a divorce, splitting up the pension is trickier than dividing the house. Divorcing couples and their advisers “who aren’t hip to divorce splitting of retirement plan assets often do it improperly,” said Howard Phillips, a Delray Beach, Florida, actuary and author of “Dividing Retirement Plan Assets in a Divorce.” He knows, because he values…
Saving should be the centerpiece of any retirement plan today. But a new survey indicates that many Americans on the cusp of retiring have given little thought to the other key issues they’ll face in retirement. A majority of older Americans recently surveyed by the American College of Financial Services, an educational organization for financia…
