In large part due to inflation and market volatility, the retirement landscape in the United States has changed considerably in the last year or two. According to Franklin Templeton Investments’ 2023 Voice of the American Worker Survey, 73 percent of workers feel that their retirement plans are being threatened by inflation, while 63 percent believe […]
New Century Planning Associates, Inc. is proud to announce that its president, Robert M. Ryerson, has received the prestigious Retirement Income Certified Professional designation. This designation was developed by more than 45 of the nation’s top retirement planning experts and equips the RICPR designee with the knowledge and tools to build comprehensive and lifelong income plans. […]
Planning for retirement can be a stressful and overwhelming experience, especially with rising prices due to inflation. According to data from the Natixis Global Retirement Index in 2021, 36 percent of American adults feel they’ll never have sufficient money saved to retire, while 59 percent say they’ll have to work longer than anticipated. The COVID-19 […]
Good financial stewardship involves paying off debt and saving for the future, the latter of which is especially important considering the average retirement age in the United States is 65 and 63 for men and women, respectively. Considering life expectancy is rising, this leaves many Americans with several decades of no income outside of Social […]
Retirement doesn’t just happen. It requires careful planning and commitment to make sure you have the financial stability needed to support yourself into your golden years. If you’re thinking about retirement, there are a few things you’ll need to keep in mind. Here are 10 important tips for planning for retirement. 1. Start Investing Early […]
In this increasingly online world, people do not look at their digital assets in the same way they do their physical assets. However, everything from domain names to social media accounts can be considered assets. As you undertake the process of estate planning, you should be sure to include your digital assets. Making a list of […]
Many people don’t start saving for retirement until it’s too late. And, a lot of the time, that’s because they don’t know the first thing about finding a good retirement plan. To make sure you don’t fall into that trap, it’s a good idea to educate yourself on the different plans available to you. Here […]
Many people fail to think about their retirement until their 40s or 50s. However, this is a mistake. Putting off retirement planning can force you to postpone your retirement, sell your home and downsize, or otherwise compromise your plans for your golden years. To make sure you’re fully prepared for your retirement, start planning today […]
When you are in the prime of your life, retirement may seem like a long way off in the future. Maybe this perception is the reason why 60 percent of Americans haven’t determined how much they’ll need for retirement. However, if you want to enjoy a financially secure retirement, now is the best time to […]
As you enter the last year before your retirement, it’s tempting to assume that all the retirement planning work you need to do is already done. After all, you’ve hopefully been able to spend decades preparing for this moment, so what could possibly be left to take care of? The truth, however, is that the year […]