Procrastination can kill you when it comes to saving. Putting off saving, investing or planning for the future can be detrimental to your financial health.
Wall Street associations and lobbyists are fighting the DOL and SEC 'tooth and nail' to avoid higher ethical standards for hundreds of thousands of stockbrokers who sell investment products to current and future retirees.
I refuse to sit idle while others attempt to dismantle Social Security. I will not surrender to the fuzzy math of the anti-government crowd who think deregulation and privatization is a panacea for all ills -- real or imagined. I have a simple proposal that would keep Social Security solvent without slashing benefits.
As I reflect back on the year, the philosophy I took at the time of transition -- life is what you make it -- has proven to be true. Importantly, we have learned together and grown as a couple. I believe the lessons are worth sharing.
Rather than looking at the last act of our lives as a downward slide into powerlessness, loneliness and abandonment, we can start to pave the way right now for a rich old age full of meaning, connections, support, love and caring.
Watching Birdman (Or the Unexpected Virtue of Ignorance) was a lot like going through menopause -- one minute I was delighted, the next I was depressed, and a few times I delved into a scene and forgot why I was there. There was something profoundly honest in the movie that touched my Baby Boomer soul.
To help us all better understand how to reduce the exposure to conflicts of interest, high fees and lockup periods, I called upon Marie Chandoha, the president and CEO of Charles Schwab Investment Management, Inc.
"Being an expat isn't always easy," she said. "It's kind of like having children. If someone had told us beforehand what it was really going to be like, we might not have done it." But at the end, she said, "When it's all over, it's so rewarding and so worth it."
More expats live in Bangkok than in any other city in Southeast Asia. Who would retire to Bangkok? To answer that question, you need to spend some time here. Your first impressions of Bangkok likely will be that this is a huge city with some tourist attractions. If you stick around, though, your perception will change.
If you are a parent with a teen bound for college, be sure to consult a professional with experience in both financial aid and retirement planning before filling out your financial aid forms. Smart IRA and retirement planning can go a long away towards helping you pay less for college.
If a contest for the most Orwellian bill title were held, Rep. Ann Wagner's newly reintroduced "Retail Investor Protection Act" would be a serious contender. Despite its title, this legislation has nothing to do with protecting retail investors.
The aging and retirement of the boomer generation, coupled with the fact that we're all living longer than previous generations, is reshaping America. The research in this study provides a glimpse of what some of those changes will be.
Only you can discipline yourself. If you're a family man, explain it to them. They will understand. Sometimes you might give in to pity, that's okay too, we are all humans, but think of it as a bad habit. If you improve yourself, you and the family become the eventual winners.
In this first phase of retirement, retirees feel a greater sense of freedom to move, if it makes sense, or renovate to make their homes more comfortable and enjoyable. As a result, almost two-thirds (65 percent) of retirees now say they are living in 'the best home of their life.'
If a senior relative faces a sudden, debilitating illness or starts losing control of everyday finances, would you know where his or her retirement, estate and long-term care issues stand?
We believe we have found the key to happiness. It's the brilliant warming orb in the sky called the sun. That it took us this long to discover that sunshine really is the key to happiness ... well, that's another matter. You see, we got sidetracked by something else called 'life.'