Your Retirement Super Bowl: A Strategic Saving Plan is the Key to Victory!

January 30, 2020 | posted in: Blog, Employee Education | by

Super Bowl LIV, the 54th Super Bowl, will decide the National Football League champion for this current season. Scheduled to be played on February 2, 2020, in Miami, Florida, the game between the San Francisco 49ers and the Kansas City Chiefs will feature Jennifer Lopez and Shakira performing at halftime. In the meanwhile, you’re still trying to figure out how much you should be saving for retirement.   Read More  »

As If Becoming A Widow Weren’t Hard Enough…

December 10, 2018 | posted in: Blog, Employee Education | by

Good retirement planning factors in women living longer, but rarely addresses steps for handling finances when widowed.  Here are some things you should think about, just in case.

Yikes! 30% of Workers Can’t Answer This…Can You?

May 15, 2018 | posted in: Blog | by

One third of workers don’t know the answer to this simple question about their retirement savings:  Now that you’ve saved for retirement, what are you going to do with the money?  Click here for more details, and tips on what you should be thinking about for your retirement savings.

We’re Going to Tell You the Top 6 Things No One Tells You About Retirement

November 25, 2017 | posted in: Blog, Employee Education | by

According to The Motley Fool‘s Chuck Saletta, “To make your retirement years truly golden, understand what may be coming your way.  Many of us look forward to retirement as the reward for a lifetime of hard work.  While the post-work years can truly be golden for those who plan for them, many retirees are caught off guard by the facts of their new life.”
Click here to read about six important issues you should know about before you leave the working world for good.

You Can’t Afford to “Wing It” When It Comes to Retirement!

March 20, 2017 | posted in: Blog, Employee Education | by
Having a written plan makes it more likely you will stick to your plan.

You’ve heard this before: Failing to plan is planning to fail. This couldn’t be more true than when it comes to retirement. According to a recent survey conducted by the Transamerica Center for Retirement Studies (TCRS), more than one-third (37 percent) of workers don’t have any strategy for their retirement. These people are truly winging it…leaving their futures to chance.
The study also found that almost half (47 percent) of all workers have a strategy, but it’s not written down. Such a plan is better than nothing, but most likely it’ll be incomplete.
Fewer than one in five workers (16 percent) have a written plan, which is ideal. Research in behavioral economics shows that having a written strategy increases a person’s commitment to carrying out the plan.
So what should go into a successful retirement strategy? Read more, and check out additional links, from MoneyWatch’s Steve Vernon.

How people get as much as 88% more from Social Security!

December 30, 2016 | posted in: Blog | by

Many people may be unaware of the impact various decisions can have on their ultimate social security benefit amount. Timing of election, work income, taxes, spousal benefits, etc., must all be considered in effective social security benefit planning.
Regarding the timing of elections, for example, according to a recent study covered by CNBC, someone who retires and begins claiming Social Security at age 70 would receive a benefit that’s 76 percent higher than the one he or she would receive at age 62. The CNBC piece points out that if you factor in late-career earnings replacing a zero-income year, the increase can become as much as 88 percent for women and 82 percent for men.
At Frye Retirement we are familiar with the complicated algorithms, and can crunch the numbers and guide you with any of your social security planning questions. For the full CNBC piece click here:  how to get 88% more from social security.