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.'
We're not suggesting that everyone who gives retirement investment advice is taking advantage of their clients, since many advisers do act in their client's best interest. But, because the law does not require them to do so, far too many do not. That's why the President's recent action is so important.
Around the time I turned 50, I had the following dilemma to consider: either continue working for another 10 to 15 years in my old career to ensure a financially secure retirement, or change to a new career that is better aligned with my passion and purpose. After a period of struggling with this question, I finally decided to change to a new career in my mid-50s.
There's a new trend in the tech field and it involves entrepreneurs enjoying early retirement. While the idea certainly sounds appealing, it's not something that happens by chance. It takes careful strategizing and you'll need to make a plan.
We would all like to have enough money to do the important things: live life, retire comfortably, educate our children, and so on. More importantly, how do you make sure that you have enough to reach these various goals?
Deferred income annuities go a long way toward solving the generally overlooked issue of how retirement plans provide income for retirees. You may find that it is exactly what you need to make sure you never outlive your money.
If your idea of paradise is a tranquil beach where a couple can live comfortably for $1,200, including renting a furnished home, then Uruguay's Department of Rocha is a place you should definitely know about.
Low rates are a great way to help the government finance its growing deficits. But they sure make it tough for savers and retirees who wanted to live on the interest from their savings. Here are five things you should know about "chicken money."
Some 401(k) participants seem to think it's a percentage. They are confused by the match percentage. Somehow they have confused that's the max that they should contribute.
Last summer, I received a call asking if I would be interested in being mentored by a former CEO of a Fortune 500 Company. A trusted colleague of mine had a friend who was starting a business called My Next Season, designed to transition executives and CEOs out of their corporate positions and into a meaningful retirement phase.
Last month, at the age of 54, I left my full-time job to start a communications consulting firm. Why now? For me, there were four compelling reasons.
Money can be a source of friction in many relationships. Through open communication and shared ownership, a safety net and a strong plan for long-term savings, couples can come out of the money talk more financially savvy and connected than ever.
Talking about money might feel unromantic. Some people consider it a taboo or impolite subject. And it tends to come with all sorts of emotional baggage we'd rather not drag into our blissful new relationship. But having "the money talk" early on is crucial to having a happy future together.
Gov. Bruce Rauner on Monday declared that Illinois state employees who do not wish to belong to a union can no longer have "fair share" fees deducted from their paychecks. In doing so, he likely set in motion a legal proceeding that will be decided by the U.S. Supreme Court and could have a major effect in labor law across the country.
For us, looking over International Living's Annual Global Retirement Index for 2015 is like a trip down Memory Lane. We've lived in each of the top three countries on this year's list at one time or another over our past 13+ years as expats.
One year ago, David and Cathy Thompkins moved from northern Idaho to Cayo, Belize. How did that happen? I'll let them tell you their story in their own words.