Countdown to Retirement

10 Year Countdown

To Retirement

Money

See Where You Stand - It’s time to assess how prepared, or unprepared, you are financially for retirement. • Take a quick test: Assuming your retirement is about 10 years away, you want to have roughly seven times your current salary in savings, according to research from Fidelity. That puts you on the road to having about 10 times your final salary saved by retirement and maintaining your present standard of living. Retire before hitting 67 and you’ll need more saved; after, you’ll need less. • Do a deeper dive: Plug your current numbers (such as earnings, savings and future pensions) into an online calculator to estimate your retirement income. Experts say you’ll need 75 to 80 percent of preretirement income to live well — debatable but a good starting point. • Don’t despair: You have 10 years to act, by earning more, trimming expenses or delaying retirement. “Whatever you can do can only help,” says George Papadopoulos, a financial planner in Novi, Mich.

Save the ea y way

If you’re among the 82 percent of workers paid via direct deposit, save more by splitting your pay across accounts. Have your payroll department put part of each check into an online savings account, where it’s out of sight and out of mind. The direct-deposit users who split their deposits save up to $90 more per month than those who use another method to save, according to a recent study.

If you already have significant savings in a 401(k), 403(b) or IRA, open a Roth IRA (in 2019 you can contribute up to $7,000 if you’re 50 or older), or put money into a regular taxable account. • Why do it? You’re laying the groundwork for lower taxes later. Say you need a new roof on your house in retirement; If you take money from a 401(k) or traditional IRA, it is taxable as ordinary income, and you may end up in a higher tax bracket, explains Carolyn McClanahan, founder of Life Planning Partners. But you can pull your contributions from a Roth IRA tax free (earnings, too, if you’re at least 59½ and have had the Roth at least five years). You can also invest via a basic taxable brokerage account; when you sell securities, you’ll pay only (usually lower) capital gains taxes on the profits.

Pay down the mortgage

The problem with a mortgage in retirement is that you may have to sell investments to cover payments. And sometimes that will be when the markets are down - the worst possible time to sell, says Shelley Giordano, chair of the Funding Longevity Task Force at the American College of Financial Services. Her advice: 1. In place of your monthly payments, make half payments every two weeks. Those 26 payments per year are the equivalent of 13 monthly payments, resulting in a faster payoff and lower total interest costs.

2. Got a tax refund? A bonus? A side job? Apply that to your principal.

3. Avoid refinancing your mortgage, since a new loan with a later payoff date means more of your monthly payment goes to interest expense, not an increase in your home equity.

4. Don’t use a home equity loan or line of credit for purchases. The new tax law makes that less attractive, says Giordano. And this is the wrong time to be growing your mortgage debt.

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Not sure where to invest additional money? Aim for growth, somewhere between a trip to Vegas and stuffing cash into your mattress. The sweet spot • Balanced mutual funds: Seek a mix of stocks and bonds; a 50/50 or 60/40 ratio of stocks to bonds is reasonable. • Target-date mutual funds: These balanced funds automatically adjust investments to lower risk as you age.

Conservative but sound • High-grade corporate bond funds • Money market accounts • U.S. government bond funds • Certificates of deposit and online savings accounts ( See bankrate.com for Federal Deposit Insurance Corp.–insured banks offering higher rates.) • Series I inflation-protected savings bonds (sold at treasurydirect.gov)

Work

Prepare Your Plan B- Ask yourself these questions, and be honest. 1. Do I work in a stable and growing industry? 2. Do I work for a stable and growing company? 3. Is my heart still in it? Have you answered no to any? It’s time to update your LinkedIn profile and see what else is out there. • Why do it: Only about half of workers cruise their way to a planned, voluntary retirement; the rest of us exit prematurely, often as a result of job loss or burnout. You still have time to regroup. “With 10 years to go, there is still enough runway to make a mark,” says career and retirement expert Nancy Collamer. • How to do it: You know the routine. Tell people who can help you. Sign up for job alerts on the go-to site in your industry. Browse the postings that interest you, and note the skills that employers are seeking. • Want to stay put? Get busy anyway. “Whether you drive a bus or work in a store or in a professional occupation, maximize your opportunities by building your capital,” Collamer advises. “Give talks or write articles to boost your profile, or take advantage of short-term training programs.” One option: Go to linkedin. com/learning and get online access to thousands of business, creative and technology courses for $30 per month.

2020 LPGA TOURNAMENT SCHEDULE

* Schedule subject to change

DATES TOURNAMENT PURSE DEFENDING CHAMPION JAN 13 -19 Diamond Resorts Tournament of Champions presented by Insurance Offi ce of America $1,200,000 (Eun-Hee Ji) JAN 20 - 26 Gainbridge LPGA at Boca Rio Boca Rio Golf Club, Boca Raton, Florida $2,000,000 (Inaugural Year) FEB 3 - 9 Vic Open 13th Beach Golf Links, Victoria, Australia 3227 $1,100,000 (Celine Boutier) FEB 10 - 16 ISPS Handa Women’s Australian Open Royal Adelaide Golf Club, Adelaide, South Australia $1,300,000 (Nelly Korda) FEB 17 - 23 Honda LPGA Thailand Siam CC - Old Course, Chonburi, Thailand 20150 $1,600,000 (Amy Yang) FEB 24 - MAR 1 HSBC Women’s World Championship Sentosa GC-New Tanjong Course, Singapore 099892 $1,500,000 (Sung Hyun Park) MAR 2 - 8 Blue Bay LPGA Jian Lake Blue Bay Golf Club, People’s Republic of China $2,100,000 (Gaby Lopez 2018) MAR 16 - 22 Bank Of Hope Founders Cup Wildfi re GC, Phoenix AZ 85054 $1,500,000 (Jin Young Ko) MAR 23 - 29 Kia Classic Aviara GC, Carlsbad, CA 92009 $1,800,000 (Nasa Hataoka) MAR 30 - APR 5 ANA Inspiration Mission Hills CC, Rancho Mirage, CA 92270 $3,100,000 (Jin Young Ko) APR 13 - 18 LOTTE Championship Ko Olina GC, Oahu, HI 96707 $2,000,000 (Brooke Henderson) APR 20 - 26 Hugel-Air Premia LA Open Wilshire CC, Los Angeles, CA 90004 $1,500,000 (Minjee Lee) APR 27 - MAY 3 LPGA MEDIHEAL Championship Lake Merced GC, Daly City, CA 94015 $1,800,000 (Sei Young Kim) MAY 11 - 17 Pelican Women’s Championship presented by DEX Imaging $1,750,000 (Inaugural Year) MAY 18 - 24 Pure Silk Championship Kingsmill Resort, Williamsburg, VA 23185 $1,300,000 (Bronte Law) MAY 25 - 31 ShopRite LPGA Classic Presented by Acer presented by Acer $1,750,000 (Lexi Thompson) JUN 1 - 7 U.S. Women’s Open Championship conducted by the USGA $5,500,000 (Jeonguen Lee6) JUN 8 - 14 Meijer LPGA Classic For Simply Give Blythefi eld CC, Grand Rapids, MI 49305 $2,300,000 (Brooke Henderson) JUN 15 - 21 Walmart NW Arkansas Championship Pinnacle CC, Rogers, AR 72758 $2,000,000 (Sung Hyun Park) JUN 22 - 28 KPMG Women’s PGA Championship Aronimink Golf Club, Pennsylvania $4,300,000 (Hannah Green) JUL 6 - 12 Marathon Classic Highland Meadows GC, Sylvania, OH 43560 $1,850,000 (Sei Young Kim) JUL 13 - 18 Dow Great Lakes Bay Invitational Midland CC, Midland, MI 48642 $2,300,000 (Cydney Clanton) (Jasmine Suwannapura) JUL 20 - 26 The Evian Championship Evian Resort GC, 74500 Evian-les-Bains, France $4,100,000 (Jin Young Ko) AUG 10 - 16 Aberdeen Standard Investments Ladies Scottish Open The Renaissance Club, North Berwick, Scotland EH39 5HS $1,500,000 (Mi Jung Hur) AUG 17 - 23 AIG Women’s British Open Royal Troon Golf Club, Troon, Scotland $4,500,000* (Hinako Shibuno) AUG 24-30 UL International Crown Centurion Club, St. Albans, England $1,600,000 (Team Korea) AUG 31 - SEP 6 CP Women’s Open Magna Golf Club, Ontario, Canada L4G 7C3 $2,350,000 (Jin Young Ko) SEP 7 - 13 Cambia Portland Classic Columbia Edgewater CC, Portland, OR 97211 $1,300,000 (Hannah Green) SEP 28- OCT 4 Volunteers of America Classic Old American GC, The Colony, TX 75056 $1,400,000 (Cheyenne Knight) OCT 12 - 18 Buick LPGA Shanghai Shanghai Qizhong Garden GC, Minhang District, Shanghai, China $2,100,000 (Danielle Kang) OCT 19 - 25 BMW Ladies Championship LPGA International Busan, South Korea $2,000,000 (Inaugural Year) OCT 26 - NOV 1 Swinging Skirts LPGA Taiwan Championship $2,200,000 (Nelly Korda) NOV 2 - 8 TOTO Japan Classic Seta Golf Course-North, Shiga, Japan $1,500,000 (Nasa Hataoka) NOV 16 - 22 CME Group Tour Championship Ritz Carlton Golf Resort-Tiburon GC, Naples, FL 34109 $5,000,000 (Lexi Thompson)

2020 PGA TOURNAMENT SCHEDULE

DATES TOURNAMENT DEFENDING CHAMPION JAN 2 - 5 Sentry Tournament of Champions Plantation Course at Kapalua, Kapalua, Maui, HI Xander Schauffele $1,300,000 JAN 9 - 12 Sony Open in Hawaii Waialae CC, Honolulu, HI Matt Kuchar $1,152,000 JAN 16 - 19 Desert Classic Stadium Course, La Quinta, CA Adam Long $1,062,000 JAN 23 - 26 Farmers Insurance Open Torrey Pines GC (South), San Diego, CA Justin Rose $1,278,000 JAN 30 - FEB 2 Waste Management Phoenix Open TPC Scottsdale, Scottsdale, AZ Rickie Fowler $1,278,000 FEB 6 - 9 AT&T Pebble Beach Pro-Am Pebble Beach GL, Pebble Beach, CA Phil Mickelson $1,368,000 FEB 13 - 16 The Genesis Invitational Riviera CC, Pacific Palisades, CA J.B. Holmes $1,332,000 FEB 20 - 23 Puerto Rico Open Coco Beach Golf & CC, Rio Grande, PUR Martin Trainer $540,000 FEB 20 - 23 World Golf Championships-Mexico Championship Club de Golf Chapultepec, Mexico City, MEX Dustin Johnson $1,745,000 FEB 27 - MAR 1 The Honda Classic PGA National (Champion), Palm Beach Gardens, FL Keith Mitchell $1,224,000 MAR 5 - 8 Arnold Palmer Invitational presented by Mastercard Bay Hill Club & Lodge, Orlando, FL Francesco Molinari $1,638,000 MAR 12 - 15 THE PLAYERS Championship TPC Sawgrass, Ponte Vedra Beach, FL Rory McIlroy $2,250,000 MAR 19 - 22 Valspar Championship Innisbrook Resort (Copperhead), Palm Harbor, FL Paul Casey $1,206,000 MAR 26 - 29 Corales Puntacana Resort & Club Championship Corales Golf Club, Punta Cana, DOM Graeme McDowell $540,000 MAR 26 - 29 World Golf Championships-Dell Technologies Match Play Austin Country Club, Austin, TX Kevin Kisner $1,745,000 APR 2 - 5 Valero Texas Open TPC San Antonio - AT&T Oaks, San Antonio, TX Corey Conners $1,350,000 APR 9 - 12 Masters Tournament Augusta National GC, Augusta, GA Tiger Woods $2,070,000 APR 16 - 19 RBC Heritage Harbour Town GL, Hilton Head, SC C.T. Pan $1,242,000 APR 23 - 26 Zurich Classic of New Orleans TPC Louisiana, Avondale, LA R. Palmer / J. Rahm $1,051,200 APR 30 - MAY 3 Wells Fargo Championship Quail Hollow Club, Charlotte, NC Max Homa $1,422,000 MAY 7 - 10 AT&T Byron Nelson Trinity Forest Golf Club, Dallas, TX Sung Kang $1,422,000 MAY 14 - 17 PGA Championship TPC Harding Park, San Francisco, CA Brooks Koepka $1,980,000 MAY 21 - 24 Charles Schwab Challenge Colonial CC, Fort Worth, TX Kevin Na $1,314,000 MAY 28 - 31 Rocket Mortgage Classic Detroit Golf Club, Detroit, MI Nate Lashley $1,314,000 JUN 4 - 7 The Memorial Tournament presented by Nationwide Muirfield Village GC, Dublin, OH Patrick Cantlay $1,638,000 JUN 11 - 14 RBC Canadian Open St. George’s G&CC, Toronto, ON, CAN Rory McIlroy $1,368,000 (... continued on page 14)

2020 PGA TOURNAMENT SCHEDULE

DATES TOURNAMENT DEFENDING CHAMPION JUN 18 - 21 U.S. Open Winged Foot GC, Mamaroneck, NY Gary Woodland $2,250,000 JUN 25 - 28 Travelers Championship TPC River Highlands, Cromwell, CT Chez Reavie $1,296,000 JUL 2 - 5 Barracuda Championship Montreux G&CC, Reno, NV Collin Morikawa $630,000 JUL 2 - 5 World Golf Championships-FedEx St. Jude Invitational TPC Southwind, Memphis, TN Brooks Koepka $1,745,000 JUL 9 - 12 John Deere Classic TPC Deere Run, Silvis, IL Dylan Frittelli $1,080,000 JUL 16 - 19 Barbasol Championship Keene Trace Golf Club, Nicholasville, KY Jim Herman $630,000 JUL 16 - 19 The Open Championship Royal St. George’s GC, Sandwich, Kent, ENG Shane Lowry $1,935,000 JUL 23 - 26 3M Open TPC Twin Cities, Blaine, MN Matthew Wolff $1,152,000 JUL 30 - AUG 2 Olympic Men’s Golf Competition Kasumigaseki Country Club, Saitama, JPN Justin Rose AUG 6 - 9 Wyndham Championship Sedgefield CC, Greensboro, NC J.T. Poston $1,116,000 AUG 13 - 16 THE NORTHERN TRUST TPC Boston, Norton, MA Patrick Reed $1,665,000 AUG 20 - 23 BMW Championship Olympia Fields CC (North), Olympia Fields, IL Justin Thomas $1,665,000 AUG 27 - 30 TOUR Championship East Lake GC, Atlanta, GA Rory McIlroy

2020 GRAND SLAM TOURNAMENT SCHEDULE

Date Session Rod Laver Margaret Court Outside Courts Featured Matches Wed 1/15 10:00am Qualifying Thu 1/16 10:00am Qualifying Fri 1/17 10:00am Qualifying Sat 1/18 10:00am Qualifying Sun 1/19 no play Mon 1/20 Day 11:00am 11:00am 11:00am 1st singles round Night 7:00pm ––Tue 1/21 Day 11:00am 7:00pm 11:00am 11:00am 1st singles round Night ––Wed 1/22 Day 11:00am 7:00pm 11:00am 11:00am –2nd singles round Night –Thu 1/23 Day 11:00am 7:00pm 11:00am 11:00am 2nd singles round Night ––Fri 1/24 Day 11:00am 7:00pm 11:00am 7:30pm 11:00am 3rd singles round Night –Sat 1/25 Day 11:00am 7:00pm 11:00am 7:30pm 11:00am 3rd singles round Night –Sun 1/26 Day 11:00am 7:00pm 11:00am 11:00am 4th singles round Night ––Mon 1/27 Day 11:00am 7:30pm 11:00am 11:00am 4th singles round Night ––Tue 1/28 Day 11:00am 7:00pm no play 11:00am Quarterfinal Singles Night –Wed 1/29 Day 11:00am 7:30pm no play 11:00am Quarterfinal Singles Night –Thu 1/30 Day 11:00am 7:30pm no play 11:00am 2 x Women’s Singles Semifinal Night –1 x Men’s Singles Semifinal Fri 1/31 Twilight 3:00pm no play 3:00pm Women’s Doubles Final 7:30pm –1 x Men’s Singles Semifinal Sat 2/1 Twilight 1:00pm no play 1:00pm Men’s Doubles Final 7:30pm –Women’s Final Sun 2/1 Twilight 4:30pm 7:00pm no play no play Mixed Doubles Final Men’s Singles Final

2020 GRAND SLAM TOURNAMENT SCHEDULE

DATE PLAY START SESSION Mon May 25 11:00 AM Day-First Round Tue May 26 11:00 AM Day-First Round Wed May 27 11:00 AM Day-First Round Thu May 28 11:00 AM Day-Second Round Fri May 29 11:00 AM Day-Second Round Sat May 30 11:00 AM Day-Third Round Sun Jun 31 11:00 AM Day-Third Round Mon Jun 1 11:00 AM Day-Fourth Round Tue Jun 2 11:00 AM Day-Fourth Round Wed Jun 3 11:00 AM Day-Quarter Finals Thu Jun 4 12:00 PM Day-Quarter Finals Fri Jun 5 12:00 PM Day-Women’s Semi Finals Sat Jun 6 12:00 PM Day-Men’s Semi Finals Sun Jun 7 12:00 PM Day-Women’s Finals Mon Jun 8 12:00 PM Day -Men’s Finals

2020 GRAND SLAM TOURNAMENT SCHEDULE

DATE PLAY START OUTER COURTS PLAY START SHOW COURTS SESSION Mon Jun 29 12:00 PM 1:00 PM First Round Tues Jun 30 12:00 PM 1:00 PM First Round Wed Jul 1 12:00 PM 1:00 PM Second Round Thu Jul 2 12:00 PM 1:00 PM Second Round Fri Jul 3 12:00 PM 1:00 PM Third Round Sat Jul 4 12:00 PM 1:00 PM Third Round Sun Jul 5 ––No Play Mon Jul 6 12:00 PM 1:00 PM Round of 16 Tue Jul 7 12:00 PM 1:00 PM Womens Quarterfinals Wed Jul 8 12:00 PM 1:00 PM Mens Quarterfinals Thu Jul 9 12:00 PM 1:00 PM Womens Semifinals Fri Jul 10 12:00 PM 1:00 PM Mens Semifinals Sat Jul 11 12:00 PM 2:00 PM Womens Finals Sun Jul 12 12:00 PM 2:00 PM Mens Finals

2020 GRAND SLAM TOURNAMENT SCHEDULE

SESSION DATE SCHEDULE PLAY START MATCHES

Tue 25 Aug Day 11:00 AM Qualifying Tournament

Wed 26 Aug Day 11:00 AM Qualifying Tournament

Thu 27 Aug Day 11:00 AM Qualifying Tournament

Fri 28 Aug Day 11:00 AM Qualifying Tournament

Sat 29 Aug Day 9:30 AM Arthur Ashe Kids’ Day

1 Mon 31 Aug Day 11:00 AM Men’s / Women’s R1

2 Mon 31 Sep Night 7:00 PM Men’s / Women’s R1

3 Tue 1 Sep Day 11:00 AM Men’s / Women’s R1

4 Tue 1 Sep Night 7:00 PM Men’s / Women’s R1

5 Wed 2 Sep Day 11:00 AM Men’s / Women’s R2

6 Wed 2 Sep Night 7:00 PM Men’s / Women’s R2

7 Thu 3 Sep Day 11:00 AM Men’s / Women’s R2

8 Thu 3 Sep Night 7:00 PM Men’s / Women’s R2

9 Fri 4 Sep Day 11:00 AM Men’s / Women’s R3

10 Fri 4 Sep Night 7:00 PM Men’s / Women’s R3

11 Sat 5 Sep Day 11:00 AM Men’s / Women’s R3

12 Sat 5 Sep Night 7:00 PM Men’s / Women’s R3

13 Sun 6 Sep Day 11:00 AM Men’s / Women’s Round of 16

14 Sun 6 Sep Night 7:00 PM Men’s / Women’s Round of 16

15 Mon 7 Sep Day 11:00 AM Men’s / Women’s Round of 16

16 Mon 7 Sep Night 7:00 PM Men’s / Women’s Round of 16

17 Tue 8 Sep Day 11:00 AM

Men’s / Women’s Quarterfinals

18 Tue 8 Sep Night 7:00 PM

Men’s / Women’s Quarterfinals

19 Wed 9 Sep Day 11:00 AM

Men’s / Women’s Quarterfinals

20 Wed 9 Sep Night 7:00 PM

Men’s / Women’s Quarterfinals

21 Thu 10 Sep Night 7:00 PM

Women’s Semifinals

22 Fri 11 Sep Day 12:00 PM

Mixed Doubles Final / Men’s Semifinals