Financial planning news from around the web: July 19 – 23, 2018

Written on Jul 23, 2018

In case you missed them, here are some recent interesting financial planning news items from around the web.

Here's what the average retiree spends on health care each year
It's natural to assume that our living costs will mostly go down in retirement, but if there's one expense that's likely to rise during your golden years, it's health care

In new round of tax cuts, retirement changes seen as most likely to pass
Republicans are promising a comprehensive second round of tax cuts - but tax changes affecting retirement savings may be the only measures with enough political support to make it through Congress this year.

Millennial homebuyers could be making a big financial mistake
Buyers' remorse is rampant among millennials who buy a home, and the purchase could hurt their retirement savings, Bank of the West says.

The 4% rule for retirement savings desperately needs to be modernized
Most people will need to adjust their withdrawals up or down as they move through retirement.

Tech Corner - Wi-Fi security is starting to get its biggest upgrade in over a decade
Wi-Fi devices have been using the same security protocol for over a decade, but that is changing. The Wi-Fi Alliance, which oversees adoption of the Wi-Fi standard, is beginning to certify products that support WPA3, the successor to the WPA2 security protocol that’s been in use since 2004.

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