Today we're taking a look at gay-friendly retirement locations. It turns out that it's a myth that most gay people live in a handful of well-known urban neighborhoods like the Castro in San Francisco or Chelsea in New York City. You can go back to the 2000 Census and learn that same-sex couples live in 99 percent of U.S. counties.
Given the high cost of student loan debt, it might seem crazy that I would prioritize saving for retirement over college funds. (Even more so considering that I work for a company that helps people pay off their debt.) But I believe in a holistic approach to debt freedom.
For many people, their home is their biggest investment, so it only makes sense to think of it as part of what you have 'set aside.' But while your home is definitely part of your overall net worth, how it factors into your retirement savings depends on more than your current equity. It depends on whether or not you're going to turn that equity into cash when you retire.
The American Dream now costs $130,000 a year. At least that's the figure USA Today came up with. Rethinking my money-based version of the American Dream helped me discover there is more to life than checking boxes.
With people living longer and pension plans on the decline, individuals are forced to create their own retirement plan that may last 10, 15 and even up to 30 years. Adding other generations into the mix, as well as needs for insurance and long term care planning, individuals have obstacles to clear out.
Ever indulged in that dream of basking in the sun by your cabin on the lake while you're still young enough to enjoy it? Early retirement -- the id...
Perhaps the quietest, yet most pernicious, danger we face is the lack of financial knowledge. Every year, this ignorance leaves millions of Americans woefully unprepared to fund their children's education or enter retirement.
Ever dreamed about retiring to an island? Whenever I see a travel commercial with sand and water, it gets me going. The camera will zoom in behind a couple sitting in beach chairs watching the sunset with the sound of nothing but seagulls.
There are so many other fun ways to spend our money, it's hard to stay focused on retirement. Still, despite the distractions that summer brings our retirement readiness plans, there are ways to get over those hurdles and stay on track.
If you are in your 20s or 30s, I can guarantee that, when you are in your 60s, you will look back and think 'How on Earth could I have been so stupid?' No, I'm not talking about your decision to get back together with what's-his-name or your tattoo.
We got smartphones and we got smarter at navigating our way around the Internet. We've become savvy at finding new 'likes': online dating, Scrabble, Skype, Twitter and every hot travel deal going. We've joined Facebook in droves (until our sons and daughters fought back by un-friending us).
Start saving for retirement today! While your kids may not like the fact that you won't co-sign for a student loan or even give them money toward college, it may be the right decision for you.
Retirement planners used to talk about the "three-legged stool of retirement income -- Social Security, traditional company pensions, and personal savings." Nowadays, many of us are sitting on legless stools.
Then: Men trying to undress us Now: Men telling us to undress require a co-pay
Employers might not be paying much attention to the fraction of a percentage point in fees that separate many 401(k) plan providers, but they should.
When I was 80, I wrote a personal memoir. This is what I said about old age: 'I am an old man. Eighty has got to be old. But, if in good health with all the joints and the brain working, what is the big deal?' Now, at 87, I wouldn't say that today.