Buffett said, "A rich person should leave his kids enough to do anything but not enough to do nothing." Many of our clients and prospective clients reference this famous quote.
If you're a boomer who feels as if you're stuck at the threshold of retirement but can't quite cross it, welcome to the Threshold Generation. Why are so many boomers delaying their retirement? Here are clues to the answer.
Small-scale investors are not limited to a handful of familiar options. These days, online platforms offer private individuals the chance to step into the same financial arenas as the biggest global financiers. Here are five attractive investing opportunities for you to explore.
If you're mulling over where to retire, you better have cities in Arizona at the top of your list. That's the advice just released by Bankrate.com in its first-ever ranking breaking down 172 American cities.
If you're a boomer or on the mature side of Gen X, chances are you have developed a deep compendium of professional knowledge in a particular field. So, how can you leverage all the knowledge you've acquired over the course of your professional career in retirement?
Ageism is rampant, and many of us are burdened by debt, and costs of caring for elderly parents. Management and personal growth gurus advise us to be pro-active; to be bold in engaging with and dealing with our problems. But in this confusing world, where do we start, and what do we do?
June 5, 2015. Later today I will attend one of over two dozen, year-end, in-school galas that are underway in InsideOut schools across Detroit. Each year at this time, iO students' eyes light up as they gather in their school cafeterias or auditoriums or libraries to open their beautiful books and find their words and their names for the first time.
The Class of 2015 is trading in its caps and gowns for suits and ties, and a wave of college grads are hitting the workforce. This also means a new crop of workers will begin saving in a 401(k) for the very first time. Even though retirement might seem like a lifetime away for most 20-somethings, the earlier you start saving, the easier the path to retirement can be.
Budgets shouldn't be about denial. They should be about empowered spending and realistic trade-offs.
Workers today need to be saving much more for retirement than their predecessors. That they have not signals an impending retirement income crisis. The Center for Retirement Research projects that 52 percent of today's working households will not have adequate income in retirement -- around two thirds when one takes health and long-term care costs into account.
There are layers and layers of fees for consulting, money management, transactions, marketing (12b-1), education and administration. Most of the fees are associated with investing plan assets and the administration of the plans by Third Party Administrators (TPAs).
Being a good mentor not only makes sense from a pay-it-forward point of view, it also makes good business sense. Boomers have all the right ingredients to successfully mentor younger professionals to become successful leaders in their own right.
Bobby and Becca spent much of their lives devoted to educating Tennessee schoolchildren. But as retirement neared, the couple knew their teachers' pensions wouldn't be enough to allow them to continue living comfortably just outside Nashville. So they retired to Ecuador.
A recent MONEY survey revealed that 10 to 40% of all married and cohabiting couples are in the dark about each other's retirement plans. This is not a surprise. Disagreements over money are the leading cause of all break-ups.
You know what? You've earned the right to be a little selfish. You have earned the right to choose a path for yourself and to decide what your future will hold
She entered the stage to a roar of applause, pausing on the tips of her toes, exhaling and taking in the cavernous Metropolitan Opera House. Was this the title character Giselle, breathing in a new day and unaware of the tragic fate before her, or a veteran performer relishing her final moments?