Residency and citizenship are not the same things. This is one of the most common causes of confusion we've found among future expats. You don't give up citizenship in your home country when you move to another country.
Dear Savvy Senior: I've heard that there are strategies available that can help married couples increase their Social Security benefits when they retire. My wife and I are approaching retirement age and would like to understand these options. What can you tell us?
What's the Triple Crown of personal finances? Think about the biggest financial responsibilities most families face: buying a house, paying for college and saving for retirement.
Some employers offer a Roth option for your 401(k) or other type of retirement account. Even if it's not offered through your employer, anyone can open a Roth IRA at a brokerage house.
For the past five years, I have been living a double life. Judy with a 'y' during the day at my corporate workplace and Judi with an 'i" at night at home on the computer.
Retirement may be bad for you, a recent report suggests, but throwing yourself into meaningful pro-bono work offers a path to fulfilment and continuing vitality.
While borrowing from your 401(k) may seem like a quick cash fix, it's almost never a good idea. Here's why.
When we lived in NYC, we used the four basic methods of inner-city transportation: foot, subway, bus, taxi. Here in the Greater Puerto Viejo area, your basic travel options are a bit broader: bike, moto, bus; car, golf cart, ATV, horse, surfboard and the occasional ox cart.
Yep, if you've got a yen for island living, we can't think of any island that delivers more than this one.
What is your retirement fantasy? Is it learning to play golf, retiring to a beautiful seaside resort, learning a language, climbing Mt. Kilimanjaro or just kicking back, waking up to a good cup of coffee and no commute?
These are just some of the benefits and features that can help you maximize your Medicare Advantage coverage and improve your health and well-being. Be sure to take a look at your health plan today to make sure you're getting the most from your plan.
Boomers grew up with a spirit of optimism -- utopianism even. Many applied that energy to their careers, becoming not only dreamers, but also overachievers. Having lived the dream during their first act, they have high expectations for their second.
For me retirement means giving up. Half a life. The past dominates and the future is lifeless. UNLESS, you take on a new project, something you've never done before. Something that stimulates you mentally and physically. Dancing (ballroom), Swing, Latin, Tango, language (foreign), art, musical instrument, Yoga (any level), cooking.
There are many similarities between 401(k)s and IRAs (Individual Retirement Accounts), but there are also some notable differences. How do you know which type of account you should contribute to?
Some myths persist even when people ought to know they aren't true. These falsehoods can be fun, unless they are about money -- in which case they can do a great deal of harm. Here are four financial "facts" you should always take with a grain of salt.
Early this spring, I came to my ancient great-aunt with news. She was perched in her chair, sitting cross-legged like a yogi, sipping Coca-Cola, and listening to her books on tape when I opened her screen door.