Older investors are a favorite target of fraudsters who focus on investments. The pursuit of seniors’ “nest eggs” is one of the fastest-growing consumer fraud issues today.
Allowing your finances to get away from you is sadly a common affliction among Americans and a real problem in today's modern world.
Pandemics eventually fizzle out and life will return to normal. When that happens, you need to be prepared to rebuild your financial future.
Once you have hit the big Four-O, you really need to start seriously thinking about how much you have saved. Before you know it, you'll be 50, and retirement will be looming fast.
Although 70 percent of parents want to cover the cost of college completely, they’re only going to be able to cover 29 percent of the cost by the time their kids are ready for college.
The average retirement age in America is 63, and retirement lasts about 18 years. That means that you’ll need enough money to last you until you are 81 years old.
Nearly 70 percent of Americans 65 and older will require some form of long-term care. Nursing home care in a private room is now more than $100,000 a year.
The harsh fact is that even if you don’t want to stop working, you may have to as you age. There are a few things that must be done to provide your future self with a secure financial retirement.