Among previous generations of retirees, mailing a check to a worthy cause was standard operating procedure. Not anymore. The new generation of retirees wants to be more focused in their giving choices, make a strong impact, and apply their talent and skills to improve the world.
Popayán has just about everything you'd need for a comfortable and affordable lifestyle, including an elegant blend of old Colonial traditions and modern art, education, and attitude. Put it all together, and Popayán just could be the greatest retirement destination you've never heard of.
As a woman who shifted professional gears and left the traditional employment track at midlife, I'm used to being bombarded by those nagging questions asked only by those who have never chosen to pursue a self-propelled career without a guaranteed paycheck.
Many baby boomers, that group referring to post World War II born approximately between the years 1946-1964, has the lowest rate of poverty among all age groups according to the Census Bureau.
You might assume that the wealthier segments of retirees are the most generous. You'd be wrong. Retirees at all income levels give, and those with the lowest and highest incomes give almost equally, in terms of percentage of their household income.
Can an ERISA pension plan invest in projects or companies that serve the common good, while still keeping at the forefront the fiduciary obligation to invest prudently and for the exclusive benefit of retirees and workers?
Celebrities have the luxury of picking the most stunning destinations on earth for their vacation homes. But even in a sought-after place like Italy's Lake Como (where you'd have George Clooney as a neighbor), you'll find attractive options even for those of us who live less than a red-carpet lifestyle.
If you are fortunate enough to have an employer-matching 401(k) program at your workplace, you should take advantage of it to the full extent possible. Whether it is a dollar-for-dollar match or a lesser percentage, this is free money from your perspective - and tax-deferred free money on top of that.
After their decades of hard work, Americans deserve to retire with dignity and security. The proposed Department of Labor Best Interest Rule will help them do just that if we can just get it over the finish line and beat back selfish opposition coming from within parts of the financial services industry.
There is a common misconception that traditional pensions, particularly in the public sector, are overly generous. The truth is most defined benefit plans provide retirees with a modest monthly benefit.
A full house must make it harder to save for retirement, since kids are expensive, right? Even when they're over 18, they might be in college or still living at home until they get that good job that they're seeking.
When my businessman husband decided to leave the business world, I was not a happy camper. What could I to do to keep my macho, typ- A, personality plus guy, who I adore, in the hunt of life? How was I to keep my sanity in tact with this husband of mine who loves to be involved in everything I do and in everything I say?
While Latinas have among the highest average life expectancy, the statistics seem grim for their retirement years. Latinas still only earn 54¢ for every $1 earned by a white male.
Retirement is far off. But you can set yourself up for success decades from now by getting on the right path today. These five steps are the beginning of that path -- with your own bright future funded by, not constrained by, your past.
I've always been an early bird. I rise before the chickens, and retire to my comfy bed with a book and nightcap early -- drifting off when my eyes are tired with talk radio chirping in my ear. This has been my pattern my entire adult life.
I look at my father now on the couch -- still hoping for me to reveal the mystery of women, wives like my mother and I who, as he once said to me, "leave their marriages because of sex." Who are we? I wonder.