Do you need to sign up for Medicare? It depends on whether you have employer coverage and what kind you have. If you do need Medicare, enrollment is generally automatic if you have signed up for Social Security. You may also need to sign up for supplemental coverage.
When recovering from a career transition later in life, take the time to reflect on who you are and what you want before jumping into a new job or starting a new business or freelance practice.
For tourists, Nicaragua is an absolute bargain. The super low cost of everything attracts backpackers, of course, but it also attracts others looking for a high-quality vacation at a bargain price. The country now boasts legitimately four-star hotels that charge nothing like four-star prices.
One day soon, same sex couples won't have to play hopscotch with financial equality and inequality, but until then, good financial planning can help ensure you come out a winner.
I watched my 96-year-old mother as she napped in the comfortable nursing home. I couldn't help but think of how long she, as a grade school teacher, and my father, as a municipal worker, had worked, sacrificed and saved for their retirement.
Self-directed Individual Retirement Account custodians and investment crowdfunding platforms are both proliferating rapidly. There is good reason: these custodians and platforms empower investors with direct control over where their money is invested.
For a device to be truly personal, it must be integrative. Not just integrative on the business level, or even the social level, but holistically across all platforms of our lives, including the spiritual. After all, our goals and intentions give meaning to our daily activities. If we lose sight of them, we risk losing sight of ourselves.
The nation is facing a looming retirement income crisis. Average retirees today are not well off. Tomorrow's average senior is likely to be in worse shape. Instead of addressing this looming crisis, too many of the nation's policymakers and elites propose to make it worse.
For years, financial wolves have been cloaked in trusted adviser clothing - masking their real status as self-interested brokers who don't have your best interest in mind.
We consider ourselves extremely lucky that we are both interested in managing our finances without an expensive adviser and wonder why so many people whether single or attached don't. With many couples it is usually one who is trying to get his or her spouse interested, or the differences are similar to ours, one is overly aggressive and the other is overly conservative.
We advise affluent clients and a lot of what we publish is geared toward high net worth families. But every person seeking out a competent advisor deserves to find one, know what s/he costs and know how s/he is paid.
If Europe is your fantasy, this is the opportunity of your lifetime. Right now, thanks to a weak euro and a surging U.S. dollar, you have more options for realizing your dreams of a new life in the Old World than in a decade or longer.
A 10-year expat in Las Terrenas, Larry Stroup is a central figure in the expat social scene in this Dominican Republic beach town. Larry's originally from Ft. Lauderdale, so it wasn't the great weather that attracted him to Las Terrenas. What got Larry's attention is the cheap and relaxed lifestyle.
As I reflect back on the year, the philosophy I took at the time of transition -- life is what you make it -- has proven to be true. Importantly, we have learned together and grown as a couple. I believe the lessons are worth sharing.
"Being an expat isn't always easy," she said. "It's kind of like having children. If someone had told us beforehand what it was really going to be like, we might not have done it." But at the end, she said, "When it's all over, it's so rewarding and so worth it."
If a contest for the most Orwellian bill title were held, Rep. Ann Wagner's newly reintroduced "Retail Investor Protection Act" would be a serious contender. Despite its title, this legislation has nothing to do with protecting retail investors.