You'll Never Run Out of Money in Retirement If You Do This

Find out the simple way you can make your money last a lifetime.

Feb 22, 2014 at 10:25AM

The biggest fear retirees have is that they'll run out of money. But if you plan your finances well and take a couple of simple steps, you can ensure that your money will last your entire lifetime.

In the following segment from their video guide to investment planning, Motley Fool director of investment planning Dan Caplinger talks with Fool markets/IP bureau chief Mike Klesta about how you can protect yourself from having your money run out in retirement. Dan notes that Social Security is a key element for most retirees, but that most companies have cut back or eliminated employee pensions that supplemented retirement income. General Motors (NYSE:GM) froze its pension plan for some white-collar workers back in 2012, while Bank of America (NYSE:BAC) made a similar move, choosing instead to boost 401(k) matching contributions on their employees' behalf. General Electric (NYSE:GE) and 3M (NYSE:MMM) have also closed their pension plans to new hires in recent years. Dan notes, however, that immediate annuities allow retirees to convert lump-sum savings into monthly income, with options to make that money last the rest of their lives and even rise with the cost of living. Dan concludes that a combination of different types of savings is the best way to ensure you'll have the money you need when you need it.

Make the most of Social Security
Social Security helps millions of Americans never run out of money in retirement. You should find out how to get everything you can from it. In our brand-new free report, "Make Social Security Work Harder for You," our retirement experts give their insight on making the key decisions that will help ensure a more comfortable retirement for you and your family. Click here to get your copy today.

Dan Caplinger owns warrants on Bank of America. The Motley Fool recommends 3M, Bank of America, and General Motors and owns shares of Bank of America and General Electric Company. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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