Sometimes it feels like the world is designed for couples. People throw dinner parties for couples. Most forms ask about your spouse. And, let’s face it, retirement, and aging — an era when you’ll sometimes need a helping hand — can feel kind of scary on your own. Whether by circumstances or choice, the U.S.…
Nobel Prize winner Daniel Kahneman’s new book “Noise” can help you make better financial decisions. Find out how.
We want a happy, stress-free life after retirement. However, many of us also want a meaningful life. Find out how to plan for a meaningful retirement.
No matter your age — how to plan for your future financial security is likely a topic that you have pondered. Maybe you have even done a little something about it. You may have saved some money. Thought about the best locale for golf (or whatever hobby you will have). Figured out when to start…
Depending on who you talk to, you’ll get very different answers to the question, “Should I purchase an annuity?” In fact, in the right circumstances, there are some great reasons to buy an annuity. However, there are also significant reasons to walk away. The truth of course depends on your own goals, values, attitudes, and…
You want your money to grow. Is an advisor worth it? Should you pay fees based on your assets or an hourly fee. Learn what is right for you.
What is your inflation risk? (It just went up.) Here are 8 ways to protect your retirement finances from rising inflation.
Read now…
As a pre retiree in your 50s or 60s you are probably 5-10 years from retirement. Here are 12 things you need to do NOW for a secure future.
Heading into retirement can be a difficult in-between-time. Here are 15 ideas for how to thrive as you navigate the transition.
Explore the proposed tax increases on the wealthy and find out what to do about it if you might be at risk of a higher tax burden.
For many, becoming a millionaire is a desirable (and useful) milestone. Here are 14 myths about millionaires and some tips for how to become one at any age.
As you prepare for children to fly the coop, it is worthwhile to consider what type of empty nest parent you might be. Are you: Super proud that they are setting out on their own? Still supporting them financially? Relieved and happy to have more time on your own? Sad and lonely that your children…
Should you try to cut housing costs? Is there an option that is right for you? Downsizing? Retire abroad? Refi? Explore your options.
Do you dream of retirement travel? You aren’t alone and for good reason. Here’s a riddle for you: Question: What is the one thing you can buy in retirement that will make you richer, not poorer? Answer: Retirement travel Whether you are planning a weekend trip to visit family or around the world expedition, travel…
Flipping your perspective enables you to see things in a new and different way. This fresh approach can change your attitude and help spark creative ways of approaching a problem — even a problem like how to retire or feeling worried about retirement. Your attitude toward anything in life is all based on perspective. If…
What is it that you fear most about retirement? Do you worry about running out of money? Are you concerned that you might need long term care and won’t be able to afford the costs and that you will become a burden on your family? If you answered yes to either or both of those…
If you are worried about running out of money in retirement, you are not alone. Running out of money is the main concern of most people in or approaching retirement. And, there is VERY good reason to be concerned — VERY concerned. Let’s explore this fear. Are you right to be scared? What can you…
Passive income for retirement are income sources that you benefit from without too much effort — the money just flows in. Passive income streams are therefore ideal for retirement. In retirement you are trying to maximize the time we spend on leisure activities while minimizing work or burdensome endeavors.You can generate passive income from savings,…
More than 5.5 million people have Alzheimer’s today, and as the baby boomers age, by 2050 that number is projected to triple. Additional research from the Alzheimer’s Association shows that last year millions of family and friends provided 17.7 billion hours of unpaid care — care valued at $220.2 billion — to loved ones with…
If volunteering in retirement sounds appealing to you, you are not alone. More than ever, workers over 50 are looking toward careers in the nonprofit world, seeking a second chance at purposeful work. In fact, according to Encore.org, more than 25 million Americans ages 50 to 70 are eager to share their skills, passions and…
Online retirement forums are great options for discussing money and getting answers to financial planning questions.
Retired athletes too often face financial ruin. According to authoritative reporting by Sports Illustrated, approximately 78 percent of NFL players either go bankrupt or face some serious financial stress within two years of ending their playing careers, while 60 percent of NBA players are broke within five years of retiring from the game. More recent…
To gain financial independence for retirement, use the lessons of those who have retired early. Here are 15 of the key lessons from the gurus running the top financial independence blogs. The Big Takeaways… Financial independence can be achieved, but it’s about combining lifestyle ambitions with reasonable financial strategies. Financial independence comes with some sacrifice,…
Most of us are going to need some extra support as we age. Cooking, cleaning, running errands and more are called “activities of daily living” and it can be nice to get help with these tasks as you age. Is retiring to a Holiday Inn the answer? Living independently can be extremely difficult as we…
You are lucky if you have a pension. You are lucky if your pension gives you different pay out options, but the choice for what to do can be confusing. Pension leveling — also called Social Security leveling — is one payout option that can be confusing. What is Pension Leveling / Social Security…