How does starting at age 62, 66 or 70 impact your retirement income? As you figure out when to start Social Security, here are five key questions to consider.
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.
You are already invested in your employer more than you think. It's also tempting to think that you should invest in what you know, and so hold your employer's stock.
We borrow. We spend. For many of us, we find very little room to save for the future. We stress over finances which can often lead to, or contribute t...
Reaching financial independence requires some effort, sacrifice, and learning on your part. Many people shy away from planning their finances because they lack an understanding of economics and financial markets. I've found that managing finances wisely depends on some basic principles that anyone can understand.
It's been a rough winter for most of the country. And, if you think Mother Nature hits hard, just wait a few weeks until Uncle Sam gets a crack at us.
Consider this scary statistic: In 2010, four out of 10 families headed by someone age 45 to 64 had nothing set aside for old age.
You worked long and hard to save that retirement money. Now is the time to be wise about paying the least amount of taxes you can and keep all that you can.
Taken together, these three steps -- creating accessible, affordable savings products, ensuring automatic enrollment and providing more effective incentives to save -- would vastly expand retirement security for our nation's working families.
When it comes to retirement, we could be talking decades. That's a long time to keep your eye on the prize and stay actively committed.
I've seen clients get into financial trouble in spite of making high salaries. Some are doctors, lawyers, or engineers -- educated professionals who earn six-figure incomes. Strangely enough, though, education doesn't necessarily lead to sound financial decisions.
Health care costs can have a pronounced impact on a retiree's financial situation. In fact, a 2013 ING U.S. Retirement Experience study found that paying for health issues was the biggest unexpected challenge for retirees.
Co-authored by Virginia Reno Patience is a virtue. In the case of Social Security, it can also translate to a higher retirement benefit. Up to 7...
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.