As we start contemplating our retirement, many of us will opt to move. Some of us will stay in the same town and move to smaller digs, others will finally move to that new dream location or someplace where our dollars will go further. Figuring out the perfect location is a big challenge and no one place is right for everyone. But, rest assured, there is a lid for every pot.
If we can't reform our system, we at least need to communicate to baby boomers that they need to stay at their decently-paying jobs at least another decade, rather than "retiring" and ending up taking part-time, benefit-less minimum-wage jobs to try to make ends meet.
Budgeting your finances and being mindful of how you spend will be key in creating a foundation for a healthy financial picture going forward.
At the state and local levels, mayors and governors across the nation are issuing Equal Pay Day proclamations. It's encouraging to see that more people are paying attention to this issue. After all, we do want a world in which our daughters and sons are paid fairly. Agreed?
Moving just a few hours by plane from where you live now can save you tens of thousands of dollars every year, and may mean you can finally afford and/or greatly reduce your health care costs.
Slow retirements of senior executives present some of the same challenges to organizations as typical departures, and certain unique ones. As difficult as the financial buy-out element is, the more complex problems relate to how to fill the slowly expanding void created by a gradual departure.
We have a perfect storm of rich companies deciding to stick it to their employees. There has been little buzz about recent findings that Facebook offered no matching contribution to its employees' 401(k) accounts in 2012 and 2013.
While few people will regret saving money, another wallet-friendly option is to invest your tax refund into money-saving projects, such as energy efficient home improvements. In addition to helping reduce utility costs, you may qualify for a tax credit.
Neither one of us has a tendency to dwell on the past. The mistakes we've made, the hardships that befell us. Time does not stand still, we realized neither could we.
Before taking the leap into retirement, we need to give a lot of thought to how prepared we are for 20 or more years without a paycheck. The most important question, of course, involves income and expenditures, those we can anticipate and those that are harder to predict, such as long-term care. And will there be enough left over to pay for some of the fun things we have been looking forward to?
Push the spandex and marathon aspirations to the side for a minute. New Year's resolutions shouldn't just be about physical fitness.
With 10,000 people turning 65 every day, our nation should be doing everything possible to protect the pensions of those who have worked hard their entire lives and are counting on those benefits during their retirement years.
People reaching retirement age are living longer than ever, and retiring with less capacity to maintain their living standards. With good reason, this situation has been termed a "retirement funds crisis."
Yes, we sure like to work. It's unfortunate, then, that so many Hispanics who reach old age have nothing to show for it.
There are some of us who, because of our cultural backgrounds, are expected to walk certain paths even if we cast nary a shadow there. And we continue walking on these life paths even if we don't see the light.