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Jane Bryant Quinn, the financial columnist and Main Street Connect's editorial director, dispensed retirement advice in the December cover story of the AARP Bulletin. The article is titled "Make Your Savings Last a Lifetime."
"The single, simple path is the same for everyone: save more, spend less, diversify your investments," Quinn said. Her expertise is welcome as an increasing number of Baby Boomers move into retirement.
Quinn suggests two more strategies to ensure that your savings will last through your lifetime: Withdraw no more than 4 percent from retirement savings in the first year and use carefully planned spend-down strategies to create lifelong income. Careful planning and execution make a difference.
The AARP Bulletin is the organizations anchor news journal, reaching 22 million readers and policy makers each month. Quinn is a regular monthly financial columnist for the Bulletin. AARP, founded in 1958, is a nonprofit, nonpartisan membership organization that helps people 50 and over improve the quality of their lives.
Main Street Connect is the parent company of 10 online news sources in lower Fairfield County.
To learn more about Jane Bryant Quinn's views on retirement savings, read the entire story in the AARP Bulletin.
What plans are you making for retirement? Has the struggling economy altered your plans? Comment below or send an email to jlupton@mainstreetconnect.us.
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