Financial Thanksgiving
Thanksgiving is usually a time to take stock of the things we are thankful for in our lives. Here are some things in our financial lives that we can be thankful for.
Smart Retirement Strategies for Boomers
If you are one of the 76 million Baby Boomers with retirement just around the corner, it would be wise to take stock of your situation and make sure that you will not be in for a horrible surprise come retirement day.
Baby Boomers and Retirement
The average pre-retirement Baby Boomer does not have enough savings for their retirement years and one third of Americans have no retirement savings at all.
How to Avoid a Retirement Shock
More than half of Americans lose sleep thinking about retirement. This is mainly because they face the uncertainty of what lies in the great unknown across the River Retirement. Studies show that people who are confident about their retirement have a clear goal and vision for their future.
Financial Security in Retirement
A big source of unrest in the minds of people is their retirement. More than half of Americans lose sleep thinking about retirement. Studies show that people who are confident about their retirement have a clear goal and vision for their future.
Lessons Boomers Could Learn From Millennials
There is a tendency of older, wiser folk to dismiss the views of a younger generation. However, Millennials may be able to teach Boomers some valuable lessons about how to manage money.
Overcoming a Retirement Shortfall
Workers in their late 50s or early 60s may have saved a lot of money for retirement, but when they take a closer look at their situation they still fall short of being financially secure.
Long Term Care Planning
October is Long Term Care Planning Month. Nearly 70% of Americans 65 and older need long term care at some point, according to the U.S. Department of Health and Human Services.
Boomers and Debt
Debt is not something to take lightly. Patterns in debt and the type of debt that an older generation is finding itself in has changed over the past few years. In fact, it seems that Boomers are more in debt than they were 13 years ago.
Social Security and Divorced Women
For divorced women nearing retirement, time is ticking away and financial readiness is an essential factor to consider. The good news is that although Social Security can be a rather complex matter, divorced women are eligible for a benefit that equals one half of their ex spouse is full retirement amount.