I look at my father now on the couch -- still hoping for me to reveal the mystery of women, wives like my mother and I who, as he once said to me, "leave their marriages because of sex." Who are we? I wonder.
I was glad to see that while the "senior" intern brings wisdom, experience and balance into the frenetic workplace of an Internet startup, the movie also honors the energy and creativity of the Millennials who are driving today's tech economy.
When the stock market goes crazy, people go nuts. The ensuing insecurity has them thinking that stashing their money in a mattress at home is safer than investing it anywhere with anyone. But one should know the differences between risk and volatility to avoid silly and irrational investing mistakes. Let's clear the confusion once and for all.
My call to action for millennials is this: Life is a series of choices no matter how good or bad your starting point. You can learn key personal finance and investment strategies now, perhaps alleviate some of the financial pressure, and start to create the life you want.
If you're more excited about the beginning of the football season than sitting down to make a financial plan, you're not alone. Football is a spectacle, but planning your investments is work.
Retirement planning is important for all Americans, but the importance is heightened for women. The retirement deck is stacked against women in several ways, including generally lower pay compared to men and lower Social Security benefits upon retirement.
Most, if not all, of your living expenses will continue to increase as you continue to age, potentially risking your portfolio's purchasing power. It is important to review your portfolio in retirement to ensure your asset allocation has an appropriate mix of "inflation hedging" assets.
Friendship is a one-size-fits-all way to improve your happiness level in virtually every aspect of life, from physical health to personal enjoyment to sex.
The great thing about this tontine is, for a small investment you fund a big part of your needs in the event you are one of the lucky ones to live a really long time.
In his prime, my father was a powerful man. He was the first military judge to wear a judicial robe, presiding over courts-martial across Europe. But his prime ended about 25 years ago. My father is now 86 years old.
Vacations are usually thought of as a retreat from the day to day world of business and responsibilities. But that is not always the case when traveling south of our border.
The challenge for the states will be to design and implement public option retirement savings plans over the loud objections of powerful financial services industry lobbyists.
The old standard of retiring and shuffling off to a retirement community is being re-written by baby boomers who want to enjoy their homes, embrace their communities and age in place as long as they can. By renovating their homes, engaging in the "Village" model, and finding innovative solutions like the Golden Girls Network's Home Companion program, it's now possible for baby boomers to stay in their homes longer.
While I generally agree that lowering debt before you retire is a good idea--especially 'bad' debt such as high-interest, nondeductible credit card balances--how much debt you can comfortably handle depends on the size of your debt relative to your projected income.
Retirement is that time of the life when you can execute what you wanted to do all your life. If planned properly, retirement not only gives you time to think, but also frees you from the shackles that have bound you all your life. Here are some easy yet important tips that will make you financially independent for your retirement.
Grandma and Grandpa have some stern advice for the younger generation: learn from their mistakes. Now that they've reached retirement, they're finding that a lack of funds is their biggest dissatisfaction, and they strongly urge younger Americans to open a 401(k) or IRA as soon as possible and fund it as much as possible.