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The Mortgage Professor: Planning for retirement: The missing piece

While there is no shortage of retirement advice or retirement advisers, many consumers who distrust both slide into retirement with little preparation – other than having grown older. Some of the reasons for this lie deep in the human psyche, beyond any practical remedy. But there is one important factor that discourages retirement planning that is remediable: that is the lack of effective retirement planning tools that retirees have the capacity to use. To fill that lack, my colleague Allan Redstone and I decided to construct a simple retirement planning calculator and make it freely available to anyone.

Business

His entrepreneurial drive survived recession and cancer

LOS ANGELES – Ed Sachse, 56, has toiled in the real estate field since he started a window-washing business as a teen in Detroit. Today he is president of property services for Kennedy Wilson, overseeing its brokers and 21 million square feet of retail, office, industrial and apartment properties across the U.S. from the firm's Beverly Hills headquarters.

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In Puerto Rico, which has a long-running addiction crisis, the few programs that help addicts are struggling to provide services. 3:17

In Puerto Rico, which has a long-running addiction crisis, the few programs that help addicts are struggling to provide services.

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Interceptions seal Palmetto's victory over South Dade

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Operation Cross Country: 'Our Primary Goal is to Recover Children'

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Trump feuds with Congresswoman over call to fallen soldier's widow

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Rep. Frederica Wilson on the situation between her and President Trump over call to soldier's family.

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Kelly ‘stunned’ by Congresswoman’s reaction to President’s call to widow

Protesters march against visit of white nationalist Richard Spencer to the University of Florida 0:10

Protesters march against visit of white nationalist Richard Spencer to the University of Florida

Banned books that shaped American literature 2:08

Banned books that shaped American literature

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Protesters stand together against Spencer

Rep. Frederica Wilson pushes stronger nursing home oversight 1:01

Rep. Frederica Wilson pushes stronger nursing home oversight

Sports cars and helicopters help launch Aston Martin luxury condo tower

The developers of a new ultra-luxury 66-story condo tower in Miami are unveiling their new sales center and luring international media with a day of crazy over-the-top activities.​
Jose Iglesias jiglesias@elnuevoherald.com
Sports cars and helicopters help launch Aston Martin luxury condo tower 2:03

Sports cars and helicopters help launch Aston Martin luxury condo tower

Miami Worldcenter's 'Jam Room' 0:31

Miami Worldcenter's 'Jam Room'

MiamiCentral train station begins to take shape 2:19

MiamiCentral train station begins to take shape

Offshore corporations: The secret shell game 2:24

Offshore corporations: The secret shell game

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