Moving abroad to a place with better weather, a lower cost of living, and decent health care sounds like a no-brainer. It's a wonderful option for anyone looking to improve their current lifestyle and spend less money to do it -- especially for retirees on a limited budget.
A strong personal economy has, historically, been built on traditional pillars: Make smart investments, manage expenditures, and build sound credit history. But in today's increasingly interconnected world, that alone won't cut it.
As you get closer to retirement, your investments should be more conservative. That's because you have less time to recoup any losses incurred by our beloved stock market. To be honest, saving more will impact your situation more than hiking your stock allocation.
Have you gotten tired yet hearing how broken down and dysfunctional we have all become in our advancing years? If we are smart, we except our shortcomings, find a way to overcome them and move on with living our lives to the fullest.
For a single person approaching retirement, it can be empowering and confidence-inspiring to get on top of the financial planning and be in a position to be ready to retire and embrace this new phase in life.
If David Brat's huge upset of Eric Cantor has legs across America, it may well mean the end of the great political goal of immigration reform.
Despite the advantages and excitement that a move abroad brings, there was one stumbling block that nearly prevented us from taking the leap: Fear of commitment.
In these places, you'll have lots of English speakers to rely on for help and suggestions... Who are the best doctors, where's the best place to buy kitchen appliances, get your computer repaired, and so on. They've been there, done that... they've blazed the trail so you don't have to.
Are there stages when certain social institutions or other policies need to be implemented in order to optimize the benefits of an aging population for all ages?
As soon as you start thinking about starting a business, you should begin tracking your expenses -- whether you use an app, a notebook or go the old-school route and use shoeboxes, be sure to keep receipts and cancelled checks.
I wish there were a quick and easy answer to your question, but unfortunately there's nothing quick and easy about Social Security disability insurance (SSDI). There are a lot of rules and regulations, and it's tough to qualify.
As baby boomers and seniors advance toward retirement, one certainty is that fiduciary responsibility rests more closely than ever with individuals.
Millennials experience life in a completely different way from my generation. They truly have the world in the palm of their hand - with access to any...
Are you afraid of losing money in the stock market? Lots of 401(k) participants are terrified of losing money after the 2008 credit crisis. The ve...
The economic case for retirement pensions has also become much weaker. When work placed high physical demands on the body, old age was often synonymous with an inability to sustain oneself. Clearly, this is no longer true.
There are so many things to consider if you are contemplating a big move for your retirement. While the financial piece will dictate a lot of it, other things are important too like access to friends and family, cost of living, cost of housing, renting or buying, one home or two, and proximity of good healthcare or continuing education. Will you need a car? Is the new area safe?