Let's face it: life for average people isn't getting easier. As a matter of fact, it's enormously complicated. Aging itself requires far more skill than it did. It's not an easy process at all.
If we can't reform our system, we at least need to communicate to baby boomers that they need to stay at their decently-paying jobs at least another decade, rather than "retiring" and ending up taking part-time, benefit-less minimum-wage jobs to try to make ends meet.
When we remind ourselves of our most important goals, we can choose not to make more than we need and redirect our time and attention to doing things we enjoy as opposed to working more to earn money we would never spend.
I'm 53 and have virtually no retirement savings. According to popular wisdom, I am destined to spend my golden years in a box under the nearest railway trestle.
If you're thinking about moving overseas and you want to find the place that's right for you, we'd recommend you have a list of your wants and needs. Don't settle for any place that doesn't match up.
Budgeting your finances and being mindful of how you spend will be key in creating a foundation for a healthy financial picture going forward.
Nothing is more satisfying than connecting, truly connecting, with another soul or group of souls. Mostly, however, we skim the surface, maintain our poise, do not penetrate or reveal.
April marks Financial Literacy Month. It's the perfect opportunity for employers to start providing financial education programs to employees, and for employees to ask about the benefits they receive and education that's available in their workplace.
According to a January 2014 Schwab Money Myths survey, no matter how savvy we think we are, there are still a lot of financial misconceptions floating around out there. And surprisingly, a number of those misconceptions aren't about esoteric investing theories; they're about everyday financial situations.
Decide how you are going to spend your time. What are you going to do during the first six to twelve months in retirement, and what do you plan to do for the rest of your retired life?
If you want to retire to the beach, to a warm, sunny, tropical beach, but don't want to spend your entire savings in one fell swoop, consider the Texas Gulf Coast. It's not top of mind for those of us who have never visited or lived in the South, but when you combine affordability with natural beauty, it's surprising it's not up there with Florida as a top retirement destination.
A former video technician who used to spend long hours at a stressful job, Lee Greenberg is now a freelance consultant doing a little bit of everything, putting his expat experience to work in Nicaragua.
Once you determine how your current expenses are going to change during your retirement years, you can start to understand how much you'll really need to save.
The sea sparkles in Mediterranean shades of blue and turquoise, coastal paths are pink with sea thrift and the moors are carpeted in heather. Primroses, frothy white angelica and gaudy yellow gorse smother the narrow country lanes.
The earlier you begin saving money and the earlier you begin managing debt, the more likely you will be able to react to the challenges and opportunities that lie ahead.
The fact that people learn more about finances at home than from any other source is a testament to the importance of families, but it is also a responsibility.