Choosing not to delay gratification and ignoring numbers that matter are among the "curious behaviors that can ruin your retirement." That's the title of this 10-minute interactive video feature from the Center for Financial Literacy, also run by Munnell at Boston College. http://fsp.bc.edu/curious
Is retirement advice biased against you? Yes, according to this post at the U.S. News Money site. Some economists take financial advisers to task for consistently telling people they need to save enough money to maintain 80 percent of their incomes after retiring. The problem? Hardly anyone can save that much, even by starting early in life. So they just get scared. Instead, the article says, the key is to plan for retirement based on spending — a curious shift in thinking that puts individuals in greater control. http://bit.ly/LIY9qK
Overlooked retirement tips from Robert Powell at MarketWatch include advice for married couples to consider carefully the timing for starting to take Social Security. "It's not usually a good idea for both spouses to begin Social Security as early as possible." Again, odds favor the delay, many experts say. http://bit.ly/LDvD9z
Retirement and working go together these days. Some folks want a new career. Others need to stay busy. And many simply need the extra money. The AARP area called "work & retirement" talks about finding work. www.aarp.org/work
Contact Reid Kanaley at 215-854-5114 or rkanaley@phillynews.com.
