Whatever your financial situation, a new year may present the perfect opportunity to improve it. If you're like many Americans, a workplace 401(k) is probably your largest or only source of retirement income -- so that's a great place to start.
The government's cost-of-living adjustments will allow you to save more for retirement in 2015, but don't wait until then to evaluate your goals to set -- or reset -- your retirement planning going forward.
Robots HRP-4C & HRP-2 strut across the "Robofes 2009" stage and into the future It's the year of the upgrade for me. And it has been a somewhat rude...
Here are the top 20 small and top 20 large cities in the U.S. that are set up best to successfully support an aging boomer population.
Continuing to work past age 65 might initially appear to be a no-brainer, but it's important to know all the facts and how these will impact your individual situation before you make this important decision.
Many of us in the boomer generation are emerging from decades in corporate jobs where the new world of social media may have only been tangential to our work. We are looking at reinventing ourselves with encore careers, and we will need social media skills to get those jobs.
When the Senate approved the omnibus spending bill to prevent the government from shutting down, it also delivered a blow to some retirees who collect pensions. In a little-discussed provision of the bill, certain multi-employer pension plans were given the go-ahead to reduce pension checks to current recipients by up to 60 percent. Didn't see that coming, did you?
So many look at some aspect of the impact of reduced income. Whether it's how to cut expenses, start saving, downsizing or relocating here or overseas -- the list is virtually endless. I find the most depressing ones include a figure "you need to retire on."
Once you are happily living overseas, take it from us, you tend to find more and more reasons to stay overseas. Here are five of the best.
I hope that my children will pass on our family values to my grandchildren who hopefully will pass it on to my great-grandchildren. I don't expect my great-grandchildren to remember my name. I do hope they understand the value of being an entrepreneur and living by our family values.
Traveling during retirement can be one of the most rewarding and exciting experiences of your life. By planning ahead and taking the necessary precautions, you can turn this dream into reality.
If you still believe in Santa Claus, you may believe advisers are supposed to tell the truth by not omitting pertinent information and misrepresenting other information that impacts your financial decisions.
Solo female travelers have a plethora of information and advice available to them through a simple online search. But what about those single ladies looking to move somewhere new rather than simply passing through?
Today, retirement is something that fairy tales are made of. A new study commissioned by the Bankers Life Center for a Secure Retirement proved what is said in pretty much every conversation that involves people age 50 to 68: When it comes to retiring from work, we ain't going nowhere.
For those of us over 50, that new dance is Entrepreneurship; and it's a dicey new dance for us if we've spent most of our careers in the predictable, stable and familiar corporate environment. Even if we have attained senior management ranks, the prospect of taking a chance on our own venture, depending entirely on ourselves, and forging into unknown territory is uncomfortable at best.
I began wrestling with the idea of retirement in my late 50s. Sure, I was looking forward to the freedom it would provide but with my kids grown and no job to go to I was worried about becoming isolated. Plus, how would I find meaning in the empty hours?