If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
I used to have this great job on TV. For 18 years I actually got paid to gossip about famous people. Then I got a new boss. He said my voice made his eyes bleed. I never saw any actual blood but nevertheless he fired me. So now I've had some time to repent and reinvent myself.
One of the most common questions I get asked by investors is, "Should I set stop losses to limit my losses?" My answer? " Why not set stop gains to capture gains instead?"
One concern as you plan for retirement overseas? How you will continue to communicate with family, friends, credit card companies, online shopping sites and your favorite phone sex service (just making sure you're paying attention) back home.
With the baby boom generation just starting to enter an uncertain retirement, what can we learn from the finances of current elderly Americans?
Over the past 12 years, we've begun to wonder why more people don't take advantage of this simple idea... that living abroad in the right place can save you money and improve your lifestyle at the same time.
A total of 10,000 people turn 65 each day -- and many of them who retire want to make the most of travel opportunities. In my new book, '65 Things to Do When You Retire: Travel,' I invited a world-class collection of writers and travel experts who are literally from all over the world to offer practical, inspiring advice about how to have the time of your life.
Since fewer than 10 percent of the population has a regular pension, a huge chunk of Americans depend solely on Social Security, whose typical benefit is around $12,000 to $20,000 a year.
Many older Americans say they plan to work forever, some because they feel they have no choice -- they haven't saved enough to retire, and they aren't eligible for much in the way of retirement benefits.
If you yearn for the sweet life of but feel like it's beyond your reach, I have some good news. Your prospects are much better than you think. In fact, if you follow the 5 steps I'm about to lay down, your future will be so bright you'll have to wear shades. Let's get rockin'.
Ryan's proposal seems more like sleight of hand than legitimate cost control. It's about weakening Medicare, not strengthening the program for future generations.
Life, as it always has been for her, is what you make it. If you choose to let things get you down, they will. It's all about the attitude that you bring to the table and learning to live in life's positive cracks even when they are hard to find amid the darker disappointments.
Moving to another country with a lower cost of living is a great way to make a fixed income go as far as possible... but you may also find many opportunities there if you don't have a sufficient fixed income stream or simply want to keep working and earning no matter where you live.
I can honestly say I have never given two consecutive minutes of thought to what my retired life will look like -- largely because I'm convinced I can't afford to have one.
Granada's current popularity as a tourism and entertainment destination certainly brings more people and services to the city, and for many of the people who live here -- including many of the expats that call Granada home -- that's a good thing.
Watching a loved one grow old is filled with emotional upheaval, and when you compound that with other stresses -- rush-hour traffic, deadlines, sick children, dirty laundry -- caregivers are often left holding the bag.
Next time you see one of these CEOs on TV lecturing about belt-tightening, keep in mind who's talking. The stakes in this debate are extremely high for ordinary Americans who work hard every day but still have to worry about their retirement security.
