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.
Individuals pay hundreds of millions of dollars into life insurance every year, yet four out of 10 seniors lapse or surrender their policies before they receive any payout.
With today's economic uncertainties, many of us have one or more family members who are struggling financially. A brother who lost his job and is at risk of losing his house. An adult daughter who recently divorced and may need to move back in with you, at least temporarily -- with her two small children.
The bond-rating agency Moody's made itself famous for giving subprime mortgage backed securities triple-A ratings at the peak of the housing bubble. Well, Moody's is back. They announced plans to change the way they treat pension obligations in assessing state and local government debt.