Workers seek phased retirement options
Roberton Williams’ plan was to retire on his government pension and take a part-time job to make up the difference in salary. It didn’t quite work out that way.Williams, 68, did retire, but then started another full-time job with the Tax Policy Center, a Washington think tank. “The plan was to work full time just until I got my feet wet,” Williams said.... READ MORE
Beware hidden dangers in bond funds
Regulators and money managers are raising alarms about a growing threat to bond funds and their investors. The concerns revolve around “liquidity” — the ability to buy or sell a security at a decent price within a reasonable period of time.As a result of new regulations enacted since the financial crisis, broker-dealers — the bond market’s middlemen —... READ MORE
The best bonds for your portfolio in 2016
As the Federal Reserve finally starts to gently raise interest rates, and fear and loathing reach a fever pitch in bond-land, I am reminded of a column that appeared in a well-known business magazine in December 2013, just before Janet Yellen’s confirmation as Fed chairman. It began, “Bonds are going to get killed. Are you ready?”My reaction at the time: Poppycock. Now,... READ MORE
A guide to organizing your estate records
As I’ve emphasized before, one of the best legacies you can leave to your loved ones is a well-planned estate. Part of that is making sure your important estate documents are organized for easy access.This is the topic of a useful book, Get it Together by Melanie Cullen and Shae Irving (published by Nolo), which advises on creating a comprehensive plan with your attorney and... READ MORE