Specializing in the income stage of retirement, Ronald Reinstein can assist you with distribution and reallocation of your retirement savings in the most tax efficient manner, reduce or eliminate unnecessary fees, in order to help you keep more of your money and plan for income throughout your retirement years.
of all Baby Boomers plan to work “until they drop”*
of American retirees still had outstanding debts when they retired**
of all Americans are worried about “maintaining a comfortable standard of living in retirement.``***
Source: EBRI. (2015). Gender and marital status comparisons among workers. (RCS Fact Sheet No. 5). Washington DC: Employee Benefit Research Institute. Retrieved fromhttps://www.ebri.org/pdf/surveys/rcs/2015/RCS15.FS-5.Gender.pdf
Fact: By 2015, older workers aged 65+ outnumbered teenage workers for the first time since 1948. (CNBC)
Fact: Today, 49 percent of all American workers are not covered by an employment-based pension plan at all.
Fact: Between 1991 and 2007 the number of Americans between the ages of 65 and 74 that filed for bankruptcy rose by a staggering 178 percent.
of people who reach age 65 will require long term care services at some point*
of retirees say that they have returned to the workforce-either full or part time since initially retiring**
of people 65 or older rely on Social Security for half or more of their inccome***
*U.S. Department of Health and Human Services, National Clearinghouse for Long Term Care Information, www.longtermcare.gov September 2008 **CBS News Poll May 14-18, 2014 Are Americans Ready for Retirement? ***Social Security Administration, "Income of the Population 55 or Older , 2008," April 2010, Table 9.B1.