News & Articles

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Cindy Collins

Cindy Collins

Forbes Contributor & Retirement Financial Professional

Cindy Collins is a Heyday Retirement contributor with over 30 years of experience in personal financial services.

Recent Posts

Retirement Risk #20: Heirs — Balancing Legacy & Retirement Spending

Leaving a Legacy vs. Enjoying Retirement: It Doesn’t Have to be One or the Other

There’s nothing wrong with wanting to leave money to those you care...

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Retirement Risk #19: Home Healthcare — An Essential Piece of Aging in Place

What Retirees Could Expect in Home Health Costs

According to AARP, 90% of adults 65 or older want to stay put in retirement, choosing their homes...

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Retirement Risk #18: Long-Term Care — One Risk Many Retirees Worry About

Addressing the Elephant in the Room

Long-term care often comes with a hefty price tag — one retirees may struggle to plan and pay for.

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Retirement Risk #17: Aging at Home — The Potential Costs of Staying Put

Challenges & Opportunities for Retirees Who Want to Stay in Their Homes

Aging in place is something many retirees want, but does it make sense from a...

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Retirement Risk #16: Loss of a Spouse — How to Help Plan for the Unimaginable

Losing a Spouse in Retirement Can Have Financial Impacts, Too

No one wants to think about what would happen if a spouse passes away. However, in...

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Retirement Risk #15: Home Maintenance & Repairs — Plan for Hefty Costs

Even Mortgage-Free Homes Can Cost Retirees Bigtime

Retirees may underestimate how much home maintenance could cost throughout retirement. Even...

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Retirement Risk #14: Dental Care — Costs Could Deplete Retirees’ Nest Eggs

Surprising Costs of Aging Teeth 

According to healthcare cost software provider HealthView Services, a healthy 65-year-old couple retiring in 2019...

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Retirement Risk #13: Uncovered Prescription Costs — They Can Really Add Up In ...

Retirees May Be Surprised to See Their Monthly Drug Expenses 

There’s a common misperception that all you retirees need is the basic level of...

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Retirement Risk #12: Health Care Costs After Age 65

For Retirees, Health Expenses Can Really Add Up

Some of the biggest unknowns in retirement can be how much medical care we may need and how much it...

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Retirement Risk #11: Health Care Costs Up to Age 65 — An Issue for Early ...

Health Care Costs Don’t Have to Dictate Your Retirement Timeline

For most, paying high premiums for health insurance isn’t part of the retirement...

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Retirement Risk #10: Caring for Aging Parents — A Costly Challenge

Elder Care for Your Elders: Addressing Something Many Retirees Don’t Think About  

The longer we live, the more money we need in retirement. 

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Retirement Risk #9: Helping Kids and Grandkids

How Retirees Can Help Prepare for Family Emergencies

We retire from careers, not being parents or grandparents. So, how can retirees help provide a...

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Retirement Risk #8: Emergency Fund for Unknown Expenses

How Old Money Habits Can Serve Retirees Well

How should retirees pay for emergencies? While retirement nest eggs are technically savings accounts, a...

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Retirement Risk #7: Rising Expenses (Inflation) — Powerful Enough to Erode ...

Why Even Small Inflation Rates Deserve Retirees’ Attention

These uncertain and unprecedented times we’re currently in leave many question marks...

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Retirement Risk #6: Running Out of Money — A Real Fear That Can Derail ...

Making Our Savings Last Can Be Challenging

Running out of money has been a top concern for retirees for several years. Now, thanks to these...

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Retirement Risk #5: Economic Uncertainty — Don’t Let it Upend Retirement

The Unknowns in Retirement Can Stump Even the Most Prepared Retirees

The ups and downs of our economy can be challenging for everyone, especially...

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Retirement Risk #4: Canceled Plans — Addressing a Subtle Risk

The transition to retirement can be tricky for many, as spending discretionary income we can’t make back seems risky.

How can retirees spend on the...

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Retirement Risk #3: Early Retirement Income Shortfall — Some May Face a Gap

Navigating a Potential Roadblock to Early Retirement

Being mentally and financially ready for retirement are two separate things. And some of the...

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Retirement Risk #2: Salary Dependence — When Spouses Stagger Timelines, Trouble ...

Marriage May Be Less Blissful When Only One Retires

It’s not uncommon for one spouse to retire before the other does. However, this situation could...

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Retirement Risk #1: Loss of Income — A Common Roadblock for Retirees

How Not Planning for This Reality Can Complicate Retirement

The transition into retirement can shake the most well-prepared retirees. And coming face...

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New Year, New Retirement Withdrawal Strategy?

For retirees who are already receiving income from their 401(k) or other accounts, the new year is a great time to evaluate how their distributions...

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Retirement Planning: Have You Saved Enough?

Can you say that about your retirement plan?

Whether longevity runs in your family or not, planning for a long life in retirement may be a good idea,...

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How to Create a Personal Retirement Income Plan

It may seem complicated and a little overwhelming to create a personal retirement income plan that includes everything you want to plan for in your...

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7 Ways Retirement 'Paychecks' Empower Retirees

There’s a lot of information out there about the many benefits of guaranteed retirement income, which include:1 

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Income & Retirement: Should You Go Back to Work? [Seminar Recap]

The Heyday team recently held an educational Heyday Live event for retirees titled, Income & Retirement Should You Go Back to Work?

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Should Retirees Expect More From Their Retirement Plans?

Heyday’s Forbes article, “Should Retirees Expect More From Their Retirement Plans?” encourages those nearing or newly retired to think about whether...

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How to Give Your Retirement Plan a Confidence Boost

Retirement plans look different for everyone. But the tips we share in our latest article published in Forbes Finance can benefit most retirees, no...

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Retirement Readiness Questions that Have Little to do with Money

For many, retirement feels like a double-edged sword. On one hand, it can be what we’ve worked toward for so many years — a well-deserved break for a...

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5 Key Retirement Risks: 1 Move to Help Address Them All

Whether we like to think about it or not, retirement can leave us exposed to a range of financial risks. 

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What Happens to Retirees When One Spouse Passes Away?

No one likes to think about what would happen to our financial future if our spouse passes away in retirement.

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Don't Worry, Retire Happy! 6 Steps to Help Make it Happen

When it comes to retirement — or any future event — we may not have as much control over what will happen as we’d like, if any at all.

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3 Surprising Facts About Inflation That Could Impact Retirement

As you’re probably aware, inflation is defined as the rising costs of goods and services. There are several factors that go into this seemingly...

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Retirement Readiness: How Do You Stack Up? [Infographic]

A recent survey on retirement readiness yielded some pretty interesting facts and attitudes about retirement around the globe. 

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A Tool to Help Retirees Make Retirement Their Heyday

At Heyday, we believe that retirement should be the reward you always hoped it would be. And with nearly two decades of experience in working with...

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6 Things to Look for in a Retirement Income Plan

While most retirees may receive some level of income in retirement from Social Security, it will most likely not be enough to cover all of their...

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The Final Step in Retirement Planning May Not Be Saving

For those nearing retirement, saving as much as possible is essential. But there is one additional step that can be quite beneficial for retirees.

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Why Success in Retirement Isn't All About Assets (and What it is About)

Most of us, and rightly so, view retirement as the ultimate reward for a lifetime of hard work. There are so many things to look forward to — from...

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How to Determine How Long Your Portfolio Could Last in Retirement

There are many unknowns retirees could face in retirement.

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Women in Retirement: How to be Empowered with a Solid Plan

No matter our gender, retirement planning is something that should be approached with great care. However, for the fairer sex, there may be some...

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How to Plan a Conservative Retirement that Doesn't Feel Like One

For many pre-retirees and retirees, one approach to financial planning is to be more conservative with investments the closer you get to...

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