CONTENTS

CONTENTS

Click here to order

10

10 Time for a reality check Are you on

target to retire when you want? These

steps will help you get there.

17 You can retire a Millionaire What

you need to save each month to reach

seven figures by age 65.

18 Make Sure You¡¯re Saving enough

Use our worksheet to crunch your

numbers to see if you¡¯re on track.

22 roth irAs rock You don¡¯t get a tax

deduction for contributions, but withdrawals are tax-free.

24 Taxes on Snowbirds Read this if you

own a second home in another state.

26 The 401(k) plan Turns 40 Now

it¡¯s the cornerstone of retirement.

30 how i picked the Day Our columnist

shares her decision process.

4 RETIREMENT PLANNING 2018

The righT

inveSTMenTS

32 how to invest to reach Your goal

These portfolios will get you from your

peak-savings years to retirement and

beyond.

38 inflation-proof Your investments

Guard against inflation¡¯s insidious

drag on your earning power with

these hedges.

41 hitting the Target Target-date funds

simplify saving for retirement.

42 100 biggest Funds in 401(k) plans

Three steps to help you decide which

mutual funds are worth owning in your

retirement savings account. plus: Total

returns for the 100 biggest holders of

401(k) assets.

44 get good Advice That Suits You

We help you pick the right financial

adviser at the right price.

gabriella marks

The big picTure

Click here to order

reTireMenT

incoMe

48 Social Security: get it right Don¡¯t

let a bum steer at a Social Security

office prevent you from maximizing

your benefits. plus: Good news about

the dreaded earnings test.

54 Making the Most of rising rates

Most income investors look to bonds to

provide some combination of stability

for their portfolio, income, and diversification. Here are savings and investment ideas to help you reach each of

those goals.

58 Stretch Your retirement income

One of the biggest challenges for

retirees is making sure you don¡¯t outlive

your money. These strategies will generate extra income and extend the life of

your portfolio.

Living WeLL

80 5 great places to Live in retirement

These destinations are within an hour

or two of big-city amenities.

86 help Aging parents With Their

Finances Use our strategies to protect

your parents¡¯ money and dignity.

90 get continuing care and community Retirement communities offer

peace of mind¡ªfor a price.

93 The new rules for giving to charity

You can support your favorite causes

and still get a tax break.

96 best and Worst States for retiree

Taxes

A heALThY

reTireMenT

64 31 Ways to Save on health care

We show you how to get the most

bang for each buck you spend.

70 new to Medicare? The answers

to these frequently asked questions

will help you navigate an often tricky

system.

73 how to Afford Long-Term care

With insurance companies jacking

up their rates, our strategies can help

you trim your premiums or pay less

for a new policy.

76 Manage the cost of cancer care

dadn page

Scope out what your insurer will

cover, then be ready to appeal if you

are denied benefits.

79 get These Forms Lining up these

legal documents in advance will save

you precious time and hassle.

48

RETIREMENT PLANNING 2018 5

CONTENTS

Click here to order



free, trusted retirement planning

advice at your fingertips year-round

toolS

retirement Savings calculator

Determine how much you need to

save each month to meet your goals.

n links/

RetiRee tax Map

retirementcalculator

rMD calculator

Our state-by-state guide helps you choose the right home for you and your nest

egg. See how states tax various forms of retirement income, which ones offer

property tax breaks for retirees and how states ultimately ding your estate.

Compute your required minimum

distributions from a traditional IRA.

n links/rmd

n links/retireetaxmap

Special RepoRtS

StaY

coNNected!

MaxiMiziNg Social SecURitY BeNeFitS

ReqUiRed MiNiMUM diStRiBUtioNS

@Kiplingerretire

n links/rmds



eState plaNNiNg

NavigatiNg MedicaRe

n links/estateplan

n links/medicare

Kiplingersretirementreport

UNdeRStaNdiNg aNNUitieS

MakiNg YoUR MoNeY laSt

n links/annuities

n links/makeitlast

n

links/maximize

MoRe Help FoR YoUR RetiReMeNt

eld

tegies

Stra

to

t Your

Boos

Yi

Cash

ruary

d in Feb ld

crashe asury yie chhave

roa

Tre

would 10-year

of app ssed

tead

had the 2.5% ins l hasn¡¯t croain a

ipal

at

munic

held . But it stil bonds rem itiate and stocks.

pol

-be

ing 3% besides, against

corpor

red

awould

ge

trusts, and prefer

3%, andand a hed shocks. Tre a

lers and er from

ds,

sel

,

ic

en

bon

threw

cov

hav

hard- econom stocks steel

For nowgetting air is breathus are

anc

cal and lds fell as Trump¡¯s

are

who

any of to link adv to

tt,

lers

yie

ffe

sel

sury r President ffs, which such

n Bu

wired erest rates

s

Warre

fit ove minum tari et engine ere.

ing int t risk and

De

ark

alu

e

l-m

rke

and

s. Th ght

illar and rest

en bul

ting ma swing

threat g, Caterp erm inte beses mi on

escala ive daily

rea

ein

g-t

inc

cover e

as Bo case, lon

put you

explos ct of rate

. Th

gap to

as to

r

In any l have a menacing e to

prospe erving ating you ivie

stil

unn

rates y becom ¡°would hav rkets

be so p of liquid and high-d s,

ds

fore ther Treasury ore the ma ck

Perhap r

the cus

bon

e?

dba

erm

it tim

10-yea r 3.25% bef ative fee ef

long-t cks. Is ever off you es

sto

uiti

go ove fall into negToms, chi Indend can live forn and ann l

tt

Voya

would says Ma

eechr for

if you s ... pensio and Socia

erly

ps,¡±

...

and bes rrible

e office ent (form m

and

loo

ds

om

e,

saving income

fro

¡°te

inc

g bon id the

t¡¯s rar t rates

tal

nagem

heard .

fixedbashin

avo

... ren ty. But tha

d and

ent Ma

many ir

lessly ievers to

interes

can

g too

vestm We¡¯ve rea bicon is 4% ic

the

Securi h higher ing, they

.

nom

ing bel of holdinestments or ire

relax,

ING) that the Ru and eco

t

ke¡±

althoug ate invest ome. So for

e inv as we adm re

ces

mista

ers

interes

inc

pri

om

plic

oth

iety

ra

ect

ck

inc

ch

com

¡¯t sha ly

er ext high anx lation,

If sto ll, we exp t range

fixed- lents. Mu

app

ren

we don

inf

also off erve the

nds.

...

wth sta d the cur

equiva though, r would it

pant

res

ide

gro

ram

tt,

page

div

and

to hol

rors:

next

Buffe k view. No ne.

shed

rates

ryo

point

true hor banks, sla

ued on

2018

his dar y to eve Buffett¡¯s the

ch 16,

contin

ml

of Mar

failing

are as

6

unifor concede We doubt e

attack

data

th

s and

We

rag

rvals.

e Ma pressure canst direct

ave

als, CDs

d, price

inte

Th

icip

rial

note

ef

e

Do st-rate

mun

or real

rwise

for bri es indust

vidual ing sect

The mods becaus

ss othe

t indi

Unle

Intere c sectors.

w Jon

bon

Ask Jeffstions abou es, and a lagg

l.

Do

ry

...

7

tica

cifi

3

Que Treasuri trust.

spe

Issue

Treasu mathema more

nt

is to

versus investme

This

ge? from

get a

are

pays

peril

MLPs awate Chan

estate

tear

Inside

ment

lace,

pon

ds

returns

or Clim have gone

Cash

don't

their the govern lower-cou dent

marketp bull soun

New in

ks, but rage.

Weather markets

What¡¯sds flood the d bond

Stormyk and bond in a few wee trim leve

evi

3

7

note

When

. Do

, older, ue. Less origiBon

ent

Stoc

and a now.

king

viol

row

to

hit,

wor

tax

quiet t's been

to bor s lose val a bond¡¯s pal

to with

8

skittish

r

Month is built offs and

fully

up wha

of the

T-bondthe smalle its princi en

nth ding assellYields

Tactic idend ETF

ket

and

a-Mo

ly

s

ter

t

wh

yiel

endTime high-div ssure mar growth.

Rate

4

is tha ld, the fas ascend;

: Divid d, high pattern, but

This high-pre me with

inde

s

ne,

Portfolio

better

holding

Funds

stand ver inco

Model defensive-m

nal yie when rate her pla t.

et.

Stock may be

s in a

hig

Our

still deli

but

t seem d is swe

ed-End

erodes from a erode as fas rs

in Clos are fewer, lar funds.

5

sortmen dend tren

rise

t

yea

Surprises

CEFs sors' regu

the divi

rates

rites

doesn¡¯ forfeiting used

Equity r spon

favo

pal

our

thei

ref

, but

princi spect of

than

Income

g a bit.

have

ries

¡¯s 25 forare in a tizzyeven risin



rinco

The pro is why we Treasu 2012.

s or

Kiplinger

kets

inge

way

mar

erm er in

ld

.kipl

The

ing side

www

of yie orse long-t

051 ?

are mov

this lett and

05-4

to end started emotion ts treat

DC 200

we

hington,

since ere¡¯s more

? Was

marke nt

et, NW

Th

me

in how

13th Stre

cision ate invest

1100

Inc. ?

less pres, real est

Editors,

hington

utilitie

r Was

n

wdow

The Lo

ates

igher R

on H

M

ible

are sens

There and ideas

ies

strateg vigate these

na

to help -currents.

cross

8 RETIREMENT PLANNING 2018

t 2018

Copyrigh

? The

Kiplinge

boost Your cash Yield

Kiplinger¡¯s Investing for Income

will show you how to generate

steady income with moderate

growth and manageable risk, no

matter what the market is doing.

n go/investing

RE

RETI

Your

Guide

Rich

to a

M

REP

ENT

ORT

MBER

UM

| NU

E 25

RCH

3 | MA

2018

| $5.00

retire on Your Terms

Whether you¡¯re almost there or

have a few years to go, Kiplinger¡¯s

Retirement Report will show you

how to retire on your schedule.

VOL

ording

2, acc

in 201 and Clinier

benefit Policy

numb

of the

alth

that

antage te for He suggests

k adv

titu

ch

s too outh Ins

g on

resear

ciarie

a

left lyin

recent then.

Dartm

to the ctice¡ªand ch since are benefit s pass up

e

ior

mu

Medic lthy sen from bon

cal Pra

ged

y

bud

onl

g

hea

hasn¡¯t

rangin

Many

not the

That¡¯s ning table. services,

tive

mi

UE

the exa free preven

of

IS ISS

rement

host

IN TH

measu eenmass

cer scr ds of

Funds

can

e

to

ING

Car

the kin

INVEST ling Health

ing¡ª¡° that people nk

6 | Sizz

lly thi

things

Tab

genera

7 Tax

don¡¯t y¡¯re not

TAXES to Cut 201 es

s

ie

Tax

the

8 | Tip te Death

of if

Bonn t

says

Sta

ANCES

10 |

sick,¡± a consultan

UR FIN re Hike

YO

,

alth

G

GIN

Medica

Burns rnia He

MANA me Spike,

lifo

Other

at Ca

11 | Inco

Act On ed

ates.

tion to

wer

Advoc s, such as

e,

Informa stions Ans

12 |

benefit lth car

r Que

hea

You

e

ce

14 |

used

hom

Influen

e

go un

UD

Undue

often e they hav

of

FRA

ger

ity

becaus x eligibil

15 | Dan

t

comple ents tha

aways

em

TRAVEL friend Get

requir rly under 16 | Girl

ry

are poo both pro

LTH

Memo

ts.

by

HEA

Your

stood and patien

YOUR ngthen

| Stre

viders er cases,

18

WhitIn oth beneficia. Jim

her

iare

too late nths of s

Medic their fam

til it¡¯s

al mo

day

rly

s

ries and ply don¡¯t benefits un nt the fin couple of to

of nea

lth

benefit

a

ir

spe

sim

hea

its

til

e,

the

oned

of

un

lies

od.

the

iqu

t

ny

sto

menti

about

e, An ¡°It wasn¡¯

al to

ich

Yet ma misunder

know first wif

ebody

is vit

e.

ing wh

cans.

or

¡¯s

t som

hom

ica re

med

Ameri derused ¡± visit, dur r blood

worth nursing away tha

llion

a

you

un

ellness s, take

60 mi rlooked,

life in she passed

ck for

ual ¡°w lth risk ents, che lth

ove

ore

ann

are

bef

hea

rem

ed hea efider the ess your

measu sonaliz

Consi

l ass

tine

per

are ben

er rou

tor wil

offer

Medic

a doc re and oth ent, and

11% of

pairm less than

pressu

ive im

Yet

cognit It¡¯s free.

.

advice

er Re

tirem

ent

ize

s

Maxim

nefit

ys to

7 Wa icare Be

d

e

M

n go/

retirementreport

from top: (2)

.4

7, NO

AC

W. TOM

2018,

JOHN

VOL.

e

Incom

r

o

f

g

in

Invest

APRIL

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download