Scott Burns

Scott Burns by Scott Burns

November 27, 2014

If You Retire Later, You Can Withdraw More

Q: For many years you have suggested retirees can safely withdraw at a 4 percent rate from their savings. Many others make the same suggestion. But at what age do these withdrawals begin? And if you start at 70 or 75 instead of 60 or 65, can you withdraw more? -- A.R., Dallas A: The 4 percent safe withdrawal... continue

November 23, 2014

The Contentment Factor

Retirement marketing focuses on two things that are poles apart: excitement and pain. Either you are having an exciting time playing golf, taking a cruise and drinking champagne -- or someone is feeding you in the memory care unit. I know because the advertisements tell me so. Real retirement is different.... continue

November 20, 2014

Paying Off Debt Can Simplify Your Life

Q: My wife is 65 and I am 66. We just received $90,000 from the sale of a second home. Which is a wiser choice: to pay down our primary residence mortgage with a balance of $136,000, or invest it in our Vanguard accounts? The mortgage has an interest rate of 2.65 percent. Second question: We have some money... continue

November 16, 2014

Beating the Index

LOS ANGELES -- A guard, in suit and tie, asks me to pop the trunk of my rental car. Then I can enter the underground parking lot of a tall building in downtown LA. Upstairs, another guard confirms my appointment. Soon I am admitted to the elevator banks that will take me to the 53rd floor. This is the headquarters of... continue

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