This week, two articles take very different approaches to the topic of retirement preparedness.

First, a paper from the Center for Retirement Research at Boston College uses data from the Federal Reserve’s Survey of Consumer Finances to calculate each household’s retirement preparedness and compares that assessment to the household’s own assessment

• How Well Do People Perceive Their Retirement Preparedness? from Anqi Chen, Yimeng Yin, and Alicia Munnell

And then we have a survey from Fritz Gilbert, which asked pre-retirees and retirees the same set of questions, in order to find what retirees are actually concerned about versus the things that pre-retirees think they will be concerned about. (One big takeaway: 62% of retirees miss the social interaction from work, whereas only 29% of pre-retirees expect that to be an issue.)

• Shining a Light on Retirement Blind Spots from Fritz Gilbert

Other Recommended Reading

• Bogleheads on Investing with Mike Piper (Podcast episode — we fielded questions from Bogleheads about charitable giving, estate planning, asset allocation when you have “more than enough,” and more.)
• Financial Planning for a Child with a Disability (White Coat Investor podcast with James Lange)
• Climate Shocks Are Making Parts of America Uninsurable. It Just Got Worse. from Christopher Flavelle, Jill Cowan and Ivan Penn
• Is Jeremy Siegel Right About Stocks for the Long Run? from David Blanchett
• The Liabilities of Success from Nick Maggiulli
• Waiting Periods on 401(k) Plans Can be Costly for Workers from Beth Healy

Thanks for reading!

What is the Best Age to Claim Social Security?

Read the answers to this question and several other Social Security questions in my latest book:

Social Security Made Simple: Social Security Retirement Benefits and Related Planning Topics Explained in 100 Pages or Less Click here to see it on Amazon.

Disclaimer:Your subscription to this blog does not create a CPA-client or other professional services relationship between you and Michael Piper or between you and Simple Subjects, LLC. By subscribing, you explicitly agree not to hold Michael Piper or Simple Subjects, LLC liable in any way for damages arising from decisions you make based on the information available herein. Neither Michael Piper nor Simple Subjects, LLC makes any warranty as to the accuracy of any information contained in this communication. The information contained herein is for informational and entertainment purposes only and does not constitute financial advice. On financial matters for which assistance is needed, I strongly urge you to meet with a professional advisor who (unlike me) has a professional relationship with you and who (again, unlike me) knows the relevant details of your situation.

You may unsubscribe at any time by clicking the link at the bottom of this email (or by removing this RSS feed from your feed reader if you have subscribed via a feed reader).