The Silver Tsunami refers to the takeover of an aging workforce. By 2020, 25 percent of the United States workforce will be comprised of workers age 55 and older. For the first time in history, there will be four generations of employees in the workforce.
Second in a series. Having concluded its first season and been renewed for a second, the hit HBO show Ballers on life after football paints a pictur...
Have you figured out how much money you need for retirement yet? If you answered "Yes", then you're preparing for your post-working years. But even ...
It's called a worktirement and it's becoming increasingly common. Instead of leaving the workforce entirely sometime in their 60s, many seniors are continuing to work (at least part-time) well into their 70s and 80s.
Forty is the new 30, 80 is the new 60. It's great that we are living longer, but the financial challenge of living longer may mean not only planning for extended retirement years, but also caring for an aging parent or adult child in ways that can take a solid bite out of any well-laid financial plans.
As open enrollment approaches at your workplace, here are some mistakes you might want to avoid.
Us poor financial advisors sometimes get a bad wrap! We are made out to be less than honest in many commercials, advertisements and frankly by our own kind. But some of us aspire to be professionals.
It isn't uncommon for people to want to downsize to a smaller home either when they retire or just before retirement. Let's look at reasons they do that, some of the heartaches that can be associated with it and 7 tips for avoiding that heartache.
"I'm learning so much!" A phrase I've heard from her countless times over the years. The more you learn, the more you want to learn, a phenomena that snowballs with age, apparently, as if she were a sponge wanting to suck up the universe with her last breath.
Most say they'd think twice about taking a job without one. Americans love their 401(k)s. We love them so much that the growth in those investment accounts for our retirement is more important than our health.
Our generation gets a bad rap for supposedly being behind the times and slow to learn. Experts, however, tell us that nothing can be further from the truth. Here is some advice and reassurance for boomers who may be wondering if the times have indeed passed them by.
Since there will always be things threatening the market, it is important that employees focus on the items they can control, such as how much they are saving and their asset allocation, based on their time horizon and tolerance of risk.
Check the fees yourself. Don't just leave it to someone else. Even the best fund managers may do strange things with fees that you only find out about in letters most people don't bother to read.
As a child, we all dreamed about what we wanted to be when we grow up. And now as we near retirement, it's time to dream about our future once again.
As America's baby boomers continue to age and look forward to longer and longer life spans, they are setting their sights on retirement and making their U.S. dollars last as long as possible.
We have six grandchildren now ranging from one month to 11 years old, with another due in four months. So what's wrong with us? Are we cruel and heartless grandparents, who don't care about our kids or their kids?