Note: These links are websites and articles that may be of interest to RCRP members. RCRP is not responsible for the content of materials on other websites. Opinions and recommendations are those of the authors, not the RCRP.
- The websites and articles below were chosen for general interest.
- We list materials accessible to the general public, whether or not you are a member/customer of the sponsoring organization.
- Where possible, we have listed multiple sources of information.
- Several websites include calculators/tools where you can insert figures to estimate how much you might need to save, or the effects of annual withdrawals of different amounts when you retire, or calculate other financial questions.
- Note that many of the websites include a “library” or similar designation, some with dozens of articles. We have included a few examples of articles, but these sites are worth exploring on your own.
- Investors in large companies such as Fidelity may be eligible for additional personalized advice as a customer.
- Consider seeking professional advice about investment and tax decisions.
GENERAL FINANCIAL PLANNING
This non-profit publication has a general heading for multiple articles in each of several sections: “Saving and Investing;” “Planning; “ “Your Second Act;” “Daily Money Management;” “Protecting Yourself;”and “Live Healthy, Live Happy, Live Long.”
The American Baptist Church pension board has a section of short articles on setting goals.
CHOOSING A FINANCIAL PLANNER
Delaware Valley Consumer Checkbook is a non-profit group that publishes ratings and advice in print and on line. They published an article on choosing a financial advisor.
Consumer Reports asks: “Is your financial planner getting rich at your expense?”
LIBRARIES OF RESOURCES
Fidelity has a “Guidance and Retirement” section with a tab at the top of its website, and also offers telephone consultations. One section gives an investment guidance overview. Another section gives a retirement planning overview.
The Joint Retirement Board of Conservative Judaism web site has a resource section called “Learning Center.” It includes many articles. See this section on educational articles related to retirement and planning.
The Episcopal Church pension plan has a learning center. Many of its articles (though not calculators) are available to non-members.
Fidelity offers a number of calculators and tools.
Vanguard has a general section of its website with retirement tools.
Vanguard also offers a retirement nest-egg calculator. What are the odds that your retirement funds will last for 30 years? Of course it depends on how much money you have, how funds are invested, how much you take out each year, and how the investments do. You can put in different figures here to get an idea. [Geeky note: the calculator uses the “Monte Carlo” method to calculate an average of 5,000 variables in a few seconds.] You don’t have to understand the previous sentence, but it is easy to change the figures to see alternative results.
TIAA-CREF offers a “retirement advisor” section that you can use as a guest.
The American Baptist Church pension fund web site has multiple free calculators, not only for savings, but for taxes, debt repayment, and housing expenses.
SAMPLE ARTICLES ON SPECIFIC TOPICS
“Evaluating Mutual Funds” from the Conservative pension board.
Parsonage (housing allowance) in retirement : This article from the American Conference of Cantors offers guidance to its members and their tax professionals. Note that RCRP procedures for designating parsonage differ.