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.
Bocas quickly turned into a disappointment. I missed the Latin vibe and healthier food choices. However, what led us to depart the following morning was another reason entirely.
Even though Boquete would thus far be my top retirement pick in Panama, I am not sure I can wholeheartedly recommend nor endorse this town based on my brief experience.
The town was attractive with friendly locals and the restaurants served up tasty and cheap food. Affordable accommodation would not be an issue and the attractive surrounding mountains dotted with waterfalls amidst the green fertile forests and jungle seemed a no brainer.
What percentage of GDP is spent on pensions? At what age are people exiting the labor market? What is the poverty rate for those over 65?
The generations share a common agenda: for job creation, stronger Social Security, and economic equality; and against job-killing and wage-suppressing trade deals, usurious debt, and runaway banks. It's going to take all of us, young and old, to fight for an agenda like that.
Preparing for retirement may seem like a job for the far-off future -- like cleaning out the garage or sorting boxes in the attic. But if you care about your future (and who doesn't?), you really should pay attention to certain things sooner rather than later.
I'm approaching a point where my kids are almost grown and I have a whole new blank chapter to write. Where will I go? What will I do? Who will I become? I could really do anything. Or be anyone. Do I want warm? Water? Country? City? Do I want to start a new adventure or a new career or business?