Your employer has a fiduciary duty to ensure that you are provided with a 401k product that offers you a reasonable opportunity to achieve retirement income security - you just need to fund it adequately!
You made it. You are retired. Your new job will be doing whatever you want! Sounds good, right? Retirement can be a wonderful time. It's a Life Even...
Understanding others is basic to human interaction, especially when you desire to reduce stress and conflict in your life. The simplest example I can give follows.
Whether you plan on spending your golden years sprawled out on a beach chair, pursuing a passion, or spending all your time with those who are closest to you, you'll need to be financially prepared. Part of having a robust game plan is being aware of the various expenses -- such as large medical bills -- that could damage your retirement.
Given the limits of willpower, some psychology professors at Northeastern University began thinking about alternatives. Might experiencing certain emotions help curb our desire for the short-term gratification that comes from spending money
After 13 years living overseas, we sometimes forget to acknowledge these differences... these cultural anomalies that make up our national identities.
The second aging revolution is about growing more whole, not just growing older. And ultimately, it's about growing more wise, more fulfilled and more connected to each other -- creating a society where all people age with independence, dignity and purpose.
A Life Event is a milestone that happens that can cause your life to change, as well as your financial life too. Often resulting in sudden wealth.
We all know people who are self-sacrificing for their friends and relatives. Often, these individuals sacrifice their resources at the expense of themselves -- finances, housing, emotional energy -- and then complain about it later.
Target date funds are on a growth trajectory that will take them to $4 trillion by 2020, from their current level of $800 billion. That's 30% per year growth over the next 6 years. On a percentage basis, TDFs will increase from 25% of all 401(k) assets to about half.
Nine years ago, one of our executives who happens to be a marketing genius, walked into my office with an idea that I thought was completely crazy. He said we should try to get Betty White to be a spokesperson for our company. How do we even get a meeting, I asked? How could we afford her?
I was looking for a challenge during my second act and now I've found a big one. This goal may take me several years to achieve, but I'm going to accomplish it.
Financial experts near and far suggest that you'll need millions in order to even dream of retiring one day. Phooey. With proper planning, some flexibility, and a little of out-of-the-box thinking you can easily retire with far less than you think.
On July 24, 2014, I posted Part 1 of this five part series, an online tutorial on the value of Emotional Intelligence (EQ). I propose Boomers can be ...
Insurance is only worth the money if it truly protects you and your finances. At this time in life, as you approach retirement or semi-retirement, it's wise to re-examine your current policies. That way you'll know that you have what you need -- and you're not wasting precious dollars on what you don't.
Uruguay is not a medical-tourism destination or a place where people come for the health care alone. However, if you fall in love with Uruguay, as I did, and decide you want to live here, the chances are good you will be able to get quality health care at an affordable price.