Thursday, March 5, 2015

Wandering the Web

I plan to write a "Wandering the Web" post weekly, linking to articles that caught my eye during the previous week.  I invite you to comment on the articles or on my choices of articles, or about any finanicial articles that have caught your eye this week.

Social Security will be the base for most retirees.  This article gives Four strategies to boost Social Security benefits.

Stocks and bonds are backbone of most people's investements, but are there other alternatives?  This article discusses hedge funds. 

I've recently begun investing in peer-to-peer loans.  30 experts give their three top tips for people considering this invesment.

Most of us are looking for good advice, but recongizing bad advice can be as important as taking good advice.  Here are eight pieces of bad advice. 

Used with Permission
We have all heard the jokes about adult kids living in their parents' basements.  Unfortunately, supporting adult children (some of whom clearly don't need it) has made saving for retirement difficult for some parents.  

Like most other things, retirement works better if you have a plan.  Here is a "to-do" list.

Saving for retirment is tough enough if you make good money.  If you don't there is a tax credit that can help.  

That's all for this week.


  1. Did you find anything helpful in the parents helping kids article? When a financial advisor tells you that you cannot retire comfortably on 2.5 million, it is time for a new advisor. :)
    I do love the articles that say, "just wait until you are seventy for SS". Not going to happen in this house. And the advice on the husband/wife taking SS is very slippery. Some of those rules were changed last year. I just don't know what to think about SS. I know what Hollywood thinks should happen with "House of Cards". A bit nerve racking at this point.

    1. Comfortably is in the eye of the beholder. The advisor said that at her current rate of spending $2.5 million wasn't enough. My advice would be to spend less, but I'm funny that way.

      When my husband and I reach SS age, we'll take a look at the possibilities as they exist then. IMO, I think some of the strategies you read about now won't work in 10 years; SS needs money and those ways to work the system will probably be shut off, but if not...We may wait until my husband is 70, or we may work the numbers and let him keep working and collecting SS. We are going to have a college student in the family until I am 64 and my husband is 69 and I don't think we'll be able to pay tuition and retire at the same time, but we'll see.