Make Your Money Last

To make sure your retirement nest egg goes the distance, you need growth as well as income. Rule number one: Don't dump stocks.

(Image credit: © Lise Metzger 2013)

In 2007, after teaching math for 34 years at a private school in the Washington, D.C., area, Bob Long was ready to hang up his teaching career and head into a new stage of life. He spent a few months training his successor as head of the math department and, in December, retired at the relatively young age of 61. Bob's wife, Margaret (then 56), had retired a few months earlier from her job in the mortgage industry. The couple were eager to kick back in their new home, in Ocean Pines, Md.

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Jane Bennett Clark
Senior Editor, Kiplinger's Personal Finance
The late Jane Bennett Clark, who passed away in March 2017, covered all facets of retirement and wrote a bimonthly column that took a fresh, sometimes provocative look at ways to approach life after a career. She also oversaw the annual Kiplinger rankings for best values in public and private colleges and universities and spearheaded the annual "Best Cities" feature. Clark graduated from Northwestern University.