Why We Publish this Blog

Unlike others who give you financial information, we do not sell anything. Therefore, we do not have a bias about particular products, investments, insurance or your financial strategy.  Our mission is to provide unbiased good sense so that you have a better retirement.

Most of what you hear from others is often not true as the information provider has a vested interest in their positions (e.g. your financial advisor who wants to sell something, the financial "expert" on CNBC who already owns xyz stock, politicians who want to get re-elected, etc).

We just want people to find value here (so we appreciate if you click the Facebook "like" button", or tweet to your followers that you like this site and subscribe).

Our driving motivation is to keep you from getting ripped of when making financial decisions.  We have been financial advisors and while we did everything to protect our clients, our firms did everything to reach into clients' pockets and take money.  Unfortunately we have found that the least ethical guy in a large financial institution is usually the CEO and it trickles down from there.

In fact, you are likely getting ripped off right now and don't even know it.  We show you in several posts.

We provide valuable free financial planning information and resources to seniors and retirees and those seriously planning for retirement. Everything on this site is oriented to people age 50+ who pay taxes in the US.

Since so much of retirement planning and investing involves tax structure, specific advice must be for only one country.  For example, IRAs are something that only exist in the US (other countries may have their version of individual retirement arrangements but the rules are very different than the US).

About US

Most of the articles were written by the following authors:

Larry KleinLarry Klein, publisher, is a retired financial advisor (CPA-retired).  He obtained his MBA from Harvard at age 24 and has been in the financial services industry teaching financial advisors how to do their jobs better.Larry is a retirement expert and counselled people age 60 plus who were entering retirement or already retired.  Following that successful career, he counselled financial advisors on how to serve retirees.  He wrote the book  "Marketing Financial Services to Seniors" and created the Certified Retirement Financial Advisor training and co-created the "IRA Expert" training for financial professionals who wanted to hone their expertise in financial retirement issues. He has been a frequent speaker in the financial services industry.

Larry believes that most retirees are far under-earning what they should be on their assets due to financial advisors who give poor advice and retirees who make emotionally-based investment decisions. As examples, few financial advisors will recommend individual preferred stocks on which one can safely earn 5% (as of November 2015). Rather, these financial advisors will recommend a mutual fund which pays them a higher commission yet has fewer benefits. Yet other advisors desire to do what is in their client's best interest but are often ignorant as there is no training to be a financial advisor (all you need to do is pass a simple multiple choice test).

Retirees will make their own mistakes such as having a preference for short term investments.  Someone age 70 thinking short term is foolish.  We know that their life expectancy is 16 years so to make investments for only the next 12 months is what we call emotionally-based investing.  This can severely harm the investor's financial condition.

Bob RichardsBob Richards, editor, is involved in various marketing positions within the financial services industry




Sean Flaithbeartaig (not pictured) is a retired PhD in engineering who got interested in retirement financial issues and began researching them for his own interest and then began writing about them.

You can reach us at: email: questions(at)retirement-income.net but it is best if you comment at the bottom of any article as we look there for any question you would like answered about retirement.  Since others likely have the same questions as you, it is best if we answer in the comments for all to learn.  Please share this site with your friends now.