With all this natural beauty, it's no wonder that Baños, cupped in a small valley at about 5,900 feet above sea level, is a thriving tourist town, equally popular with both Ecuadorian and international visitors
Financial planners help their clients build a financial portfolio and determine the best way to allocate your investments. However, there are plenty of other major life events that would merit a trip to the financial planner.
Looking at the process of retirement savings as a Rubik's Cube with six sides will help you account for all the different pieces that need to fall into place. That doesn't make it easy, but it beats focusing on just one or two sides of the puzzle and then finding that everything else is a mess.
Are you "plugged in?" Do you spend at least 27 hours per week on the Internet? Why would I use such a specific number? Because in a 2012 research study by WSL Strategic Retail, they found that Baby Boomers spend two hours more a week online than the 25 hours Millennials (ages 16 to 34) do on average.
Investing paired with smart personal finance skills, like budgeting and tracking expenses, is the fastest way to wealth. The earlier you get started investing the better.
My friend is facing a retirement with absolutely no savings. She declared bankruptcy four years ago and still has another three years before she can start saving. The good news is that she moved to another part of the country, was able to find a new job and is slowly putting her life back together. Sadly, the financial devastation she experienced will seriously impact her ability to retire.
Now that I've transitioned to the rip old age of 35, retirement has been on my mind a lot lately. If you read my blog posts often, you know I often say it's your younger self's job to look after you older self. Fortunately, I've discovered many creative -- even fun -- ways to go about it. I'm also finding fresh new ways to get this vital message out.
It's a sad moment when the last of your kids leaves home. While it can be emotional, you should also remember that you no longer have to pay for braces or broken arms or feeding growing kids, which means your finances will be freed up a bit.
Our generation is going to have a longer period in which to make a lasting impact. For some of us, it is going to mean that we're just going to be able to keep on going, and to maintain our direction and our output for longer.
For me, going away to school was the first time on my own. I was in a new place where I could reinvent myself. It was in college that I really became me. There was an energy in college that was unique. Each day our minds were exposed to new ideas. It was exhilarating. It's not surprising then, as people start planning their retirement, that moving to a college town environment is so popular.
From noodles to grilled snacks and everything in between, the dishes on offer in Bangkok are endless. Dining on the street is incredibly cheap, typically just a few dollars or less.
We intend to encourage you, or someone you care about, to be positive and make the best of what many people find to be a difficult, yet necessary, and often fulfilling next step.
We have hundreds of Facebook friends. We are connected to the world through our computers, phones and tablets. We are the most connected generation of women in the history of the planet. We are also the loneliest.
Well, there are lots of ways to score discounted (or even free) accommodations these days. We've done it ourselves in both our personal travel and for our work for International Living.
It's understandable for us to assume that the government-allowed maximum 401(k) contribution would be sufficient -- and sometimes it is. The reality, though, is that there is no magic number that works for everyone. To get a more reliable assessment, you have to take a deeper look.
What would happen if everyone lived to be 100? More and more people are raising that question. Of course, it raises a number of other related questions -- all about retirement, jobs, health, even including death.