Whether to become a licensed real estate agent/broker in connection with your real estate investing is a question many new investors ask. To help y...
Jim Mudd knows his Chicago dogs: Vienna all-beef frank, sesame seed bun, sliced tomatoes, pickle strips and even the secret ingredient: celery salt. I know this because I once had a Chicago dog party with these same ingredients delivered to my home.
A recent survey shows that most Americans are terrified about their retirement savings, or lack thereof. Because of decreased interest and concernment about our retirement, so many American's don't even consider 401K plans before choosing an employer.
Q: Where can I find an investment opportunity in which I'm guaranteed a big return? You probably remember the first time you learned you can't get ...
Dear Carrie, I'm 42 years old and have saved no money. How can I retire at 65? --A Reader Dear Reader, You have a challenge ahead of you, no doubt ...
The couple's cost of living in Ecuador is much lower than it was in Chicago. "Our HOA fees are $235 a month, electric is $19, water is $4, cell phone is $23, and I pay $70 for my internet," says Kristin.
The baby boomer generation's outlook on retirement is very different then the generation before us. The Silent Generation, those born in the 1920's and who lived through the Great Depression and WWII, are known for their strong family values, the need to save for a rainy day and living within their means. Whereas, the baby boomers, who invented Rock and Roll and put a man on the moon, are known as risk-takers and having the you-only-live-once attitude.
It used to be common for people back home to think U.S. expats living abroad were no longer U.S. citizens. Now, of course, most people know that living, working, or retiring overseas does not affect U.S. citizenship in any way.
What's the biggest risk to your financial plan? MarketWatch mentions shortfall risk, the possibility that "you won't have enough money to make your goals." CNN Money talks about investment risk, which you're probably familiar with; CNN defines it as "the extent to which an investment's price or returns bounce up and down."
John was 66 last November when the government changed Social Security law primarily with respect to spousal benefits. John's wife Jean was 64 at that point. The new law grandfathered John and Jean to follow the file and suspend strategy under which John would file for his retirement benefit and suspend its collection.
I've done just about every type of real estate investing possible, and rental properties have been a focus for a while. However, I'll never lose my...
Reverse mortgages have been around for a long time. It's a method that an individual can use to convert the equity built up in their home to a credit line or an income for as long as they remain in the home as their primary residence, without the burden of monthly mortgage payments.
Marty and Michelle Kramer know that the road to paradise is not always direct. They're okay with that. As they will tell you, what counts is being happy where you end up.
If you're thinking of retiring overseas, healthcare may be one of the biggest factors driving that decision. In general, healthcare and health insurance costs less almost everywhere else in the world than it does in the U.S.
Before moving to Belize, 66-year-old Steve Gustat, from Tampa, Florida, hadn't even considered opening a restaurant. Initially, Steve lived in Belize as a retiree. But he became restless and began looking for a way to occupy his time.
Like many of my Boomer contemporaries, I don't foresee retiring to the golf course, or the cruise ship, or the garden, the garage, or even the couch. Instead, I suspect that we'll need to be generating an income - not through our meager investments but through the sweat on our carbuncled brows and the toil of our arthritic hands - until we draw our last ragged breaths.