Rick Miller was quoted in a recent Boston Globe article: Annuities regain a bit of luster as retirements get longer You can read about it here.
MarketWatch’s Robert Powell hosts a discussion on how to avoid outliving your retirement savings, with Rick Miller, founder of Sensible Financial® Planning; Joseph Coughlin, director of MIT AgeLab; and Kathryn McCabe Votava, president of Goodcare.com.
A few years ago, I had the pleasure of attending a seminar by Dr. Michael Finke, then a professor at Texas Tech (he is now at The American College of Financial Services). He spoke about measuring life satisfaction in retirement. I remember being impressed by his talk and wanting to write my own article about[Learn more…]
We often ask our clients “What is important to you in life?” While priorities and preferences vary, the majority of our clients cite “family” as a primary value. Couples who include children in their lives face fundamental differences in their financial life cycle, which affect their retirement in a number of ways. Consumption Spending. Since[Learn more…]
Rick Miller has worked with the Society of Actuaries and NAPFA (the National Association of Personal Financial Advisors) to prepare a presentation on how advisors can help their clients better understand financial planning issues associated with longevity. Rick has delivered this presentation at multiple professional conferences. Here is one reporter’s take on what Rick and[Learn more…]
“Over the past century, we’ve created the greatest gift in the history of humanity — thirty extra years of life — and we don’t know what to do with it! . . . What we need is not to put off death a little longer but to write a new narrative of aging as it could[Learn more…]
A recent Wall Street Journal article argues that people may be saving too much for retirement. The author spoke to a number of experts and identified several reasons that rules of thumb may be misleadingly high. The key points are important, and all are worth some thought. “The financial industry’s typical rule of thumb—which states[Learn more…]