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.
Nine years ago, one of our executives who happens to be a marketing genius, walked into my office with an idea that I thought was completely crazy. He said we should try to get Betty White to be a spokesperson for our company. How do we even get a meeting, I asked? How could we afford her?
I was looking for a challenge during my second act and now I've found a big one. This goal may take me several years to achieve, but I'm going to accomplish it.
Financial experts near and far suggest that you'll need millions in order to even dream of retiring one day. Phooey. With proper planning, some flexibility, and a little of out-of-the-box thinking you can easily retire with far less than you think.
On July 24, 2014, I posted Part 1 of this five part series, an online tutorial on the value of Emotional Intelligence (EQ). I propose Boomers can be ...
Insurance is only worth the money if it truly protects you and your finances. At this time in life, as you approach retirement or semi-retirement, it's wise to re-examine your current policies. That way you'll know that you have what you need -- and you're not wasting precious dollars on what you don't.
Uruguay is not a medical-tourism destination or a place where people come for the health care alone. However, if you fall in love with Uruguay, as I did, and decide you want to live here, the chances are good you will be able to get quality health care at an affordable price.
When I was a new retiree, I wrote about creating a life in context. By this I meant that I had to consider my life in a new way, as a person retired, a person formerly someone.
Many workers are now directly responsible for their financial well-being. Most individual investors are not sufficiently well-informed on financial matters, and thus often make less-than-optimal choices in managing their retirement.
No matter how well you're managing your money now, you need to also be thinking about retirement. (Yes, even if you're only 25 or 30.) The good news is it's never too early to start planning for your retirement. It's also never too late, if you've been slacking up to this point.
When you inherit money it usually accompanies a very emotional time. You may be still grieving over a lost relative or friend. Sometimes the sudden wealth from an inheritance can create even more stress in your life.
Welcome home to the new world. The Boomers are now retiring at the alarming rate of 10,000 a day for the next 17 years. They are leaving their second places and coming home, and the true impact of this reverse commute is only now beginning to materialize.