Core Insights - Retirement planning is increasingly stressful due to constant news cycles, leading to emotional investment decisions that can harm long-term financial health [2][3] - Financial advisors emphasize the importance of not reacting to short-term news, as it can lead to poor investment choices and increased risk of asset depletion during retirement [3][4] Group 1: Emotional Investing - Clients often focus on short-term news impacts on their portfolios, neglecting long-term planning [3] - Emotional investing can result in holding excessive cash, missing out on returns and compounding opportunities [4] - The analogy of horse racing is used to illustrate the need for focus and ignoring distractions in wealth building [5] Group 2: Strategic Planning - Instead of reacting to news, a clear financial plan, balanced allocation, and long-term goals should be prioritized [6] - A defined plan helps individuals understand their risk tolerance, reducing the perception of crises from news headlines [6] - Effective financial management includes having a defined plan, minimizing distractions, and working with an accountability partner [7] Group 3: Importance of News Context - Constantly reacting to headlines can jeopardize long-term retirement security, highlighting the need to discern when to tune out noise [8] - Financial plans are crucial for maintaining discipline and avoiding emotional decisions, especially when news reflects significant changes in tax laws or interest rates [8]

Key Takeaways Financial planners say retirees are more likely to outlive their savings due to poor planning and spending habits. Experts recommend keeping five years of income needs in safer assets and tracking expenses closely to avoid premature portfolio depletion. Many Americans are worried that they will live longer than their savings. “Running out of money is a real risk, and for most retirees, it doesn’t happen because of bad investments,” said Melissa Caro, certified financial planner (CFP) ...

Retiring early has obvious appeal — more freedom, more time and the chance to enjoy life while you’re still young and healthy. But early retirement also means your savings may need to last 40 to 50 years. That requires a strategy built on flexibility, tax awareness and careful planning. Here are the smart moves to make now to make early retirement sustainable, according to financial planners. Build Wealth Outside Traditional Retirement Accounts Having money outside of accounts like 401(k) plans and IRA ...

Core Viewpoint - The acquisition of Evelyn Partners for GBP 2.7 billion positions the company as the leading private banking and wealth management firm in the U.K., enhancing its strategy by tapping into a growing market supported by favorable demographic, regulatory, and technological trends [2]. Company Overview - Evelyn Partners is a prominent financial planning and investment management firm with a 180-year history, a loyal client base, and a strong cultural alignment with the acquiring company [3]. - The firm operates a regional network of 21 offices and employs 270 financial planners and 325 specialist investment managers, along with a well-regarded direct-to-consumer investment platform, Bestinvest [3]. Financial Performance - In 2025, Evelyn Partners reported an income of GBP 509 million and an EBITDA of GBP 179 million, achieving a margin of 35% [3]. - The firm has successfully attracted net new inflows of GBP 1.6 billion, indicating strong prospects for future growth [3].

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Quick Summary A 53-year-old with $2.45 million saved may be financially secure, but the shift from saving to spending makes tax and timing decisions far more important than raw returns. Test your retirement and tax strategy with a financial advisor through SmartAsset's free matching tool to help clarify how contributions, Roth conversions, and withdrawals fit together over the next decade. Build flexib ...

With market headlines flashing warnings and gold prices soaring, some Americans nearing retirement are feeling the pressure. One 70-year-old investor wondered if now was the time to move part of his 401(k) into cash. Fear Of A Crash, But History Says Otherwise That question came during a recent episode of “The Ramsey Show,” where Robert from Nashville asked hosts George Kamel and Jade Warshaw if shifting to a money market fund made sense in the current climate. “Gold’s high, the dollar’s down,” he said. ...

Robert Brokamp: Choosing the right retirement account and the long-term return of gold. That and more on this Saturday Personal Finance edition of Motley Fool Money. I'm Robert Brokamp, and this week, I speak with financial planner and CPA Sean Mullaney about why some investors should favor pre-tax traditional retirement accounts, despite all the benefits of Roth accounts. But first, hear a few items from the news last week. First up, we turn to the latest weekly asset allocation review from Jurrien Timmer, ...

Core Insights - The article emphasizes the often underestimated costs associated with Medicare, particularly healthcare expenses that retirees need to plan for, which can lead to significant out-of-pocket costs [4][9]. Medicare Costs - Medicare Part A has a deductible of $1,736 for inpatient hospital stays in 2026, an increase from $1,676 in 2025, while the average cost of a one-day hospital stay was $3,297 in 2024 [1][6]. - The average adjusted cost for an inpatient stay at community hospitals is $14,101, highlighting the financial burden on retirees [1]. Financial Planning for Healthcare - Financial experts warn that healthcare is the most unpredictable expense for retirees, as Medicare does not cover all medical needs, leading to additional costs for out-of-pocket expenses, deductibles, and long-term care [2][3]. - Fidelity Investments estimates that a retired couple will need approximately $345,000 to cover healthcare costs after age 65, underscoring the necessity of planning for these expenses [9]. Strategies for Managing Healthcare Costs - Recommendations include building a Health Savings Account (HSA) for tax advantages, setting up a dedicated health emergency fund, and considering long-term care insurance to protect against high costs [11][12][16]. - It is advised to obtain a robust Medigap policy to cover gaps in Medicare, as Original Medicare does not cover essential services like dental, vision, and hearing [7][8][21]. Income Management - Reducing modified adjusted gross income (MAGI) can help lower Medicare premiums, with strategies such as Roth conversions and charitable giving suggested for those nearing retirement [18][19].

CFP Board's New Standards Call for More Continuing Ed, Broader Experience - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.---# CFP Board's New Standards Call for More Continuing Ed, Broader Experience---By [Kenneth Corbin]The leadership of th ...

“In this coming year, I’ll save about $150,000. I will get an inheritance, but hopefully not for a long time.” (Photo subject is a model.) - Getty Images/iStockphoto Dear Quentin, I am 55 and considering an early retirement in a year. I’m an attorney specializing in litigation. I have had five major jury trials in the last nine months. Although I love it and my firm — truly amazing people, each and every one — I am simply exhausted. I had a major health scare four years ago, and I’ve seen close friends ...