If there is one thing we know, no matter the country we expats live in, we will never be 'locals.' We can get legal residence status and even become full-fledged second-passport carrying citizens of any of these countries if we so choose... but we will never ever be Mexican or Ecuadorian or Nicaraguan or Costa Rican or Panamanian...
Trying to save more, but not sure how? Employer savings plans are a great way to add to your retirement fund or savings goals. If your employer offers one and you're not taking advantage of it, you should be.
While many retirees choose to stop paying their life insurance premiums when they no longer have young families to take care of, there are a few reasons you may still want to keep your policy.
Aside from the question of whether your spouse is ready for you to be around all day, making the decision to retire requires an enormous amount of financial preparation. How do you know if you're ready?
People need to consider all sources of income before making a decision about Social Security, including the use of a reverse mortgage that are growing more popular.
Costa Rica, often dubbed the 'happiest place on earth,' has long beckoned expats from North America and elsewhere who long for a more laidback lifestyle and warm tropical breezes.
Your employer has a fiduciary duty to ensure that you are provided with a 401k product that offers you a reasonable opportunity to achieve retirement income security - you just need to fund it adequately!
You made it. You are retired. Your new job will be doing whatever you want! Sounds good, right? Retirement can be a wonderful time. It's a Life Even...
Understanding others is basic to human interaction, especially when you desire to reduce stress and conflict in your life. The simplest example I can give follows.
Whether you plan on spending your golden years sprawled out on a beach chair, pursuing a passion, or spending all your time with those who are closest to you, you'll need to be financially prepared. Part of having a robust game plan is being aware of the various expenses -- such as large medical bills -- that could damage your retirement.
Given the limits of willpower, some psychology professors at Northeastern University began thinking about alternatives. Might experiencing certain emotions help curb our desire for the short-term gratification that comes from spending money
After 13 years living overseas, we sometimes forget to acknowledge these differences... these cultural anomalies that make up our national identities.
The second aging revolution is about growing more whole, not just growing older. And ultimately, it's about growing more wise, more fulfilled and more connected to each other -- creating a society where all people age with independence, dignity and purpose.
A Life Event is a milestone that happens that can cause your life to change, as well as your financial life too. Often resulting in sudden wealth.
We all know people who are self-sacrificing for their friends and relatives. Often, these individuals sacrifice their resources at the expense of themselves -- finances, housing, emotional energy -- and then complain about it later.
Target date funds are on a growth trajectory that will take them to $4 trillion by 2020, from their current level of $800 billion. That's 30% per year growth over the next 6 years. On a percentage basis, TDFs will increase from 25% of all 401(k) assets to about half.