Wouldn't life be great if we could choose the friends in our social circles by their occupations and how useful they would be to us?
They call it sandwich generation stress for a reason - people in their 40s and 50s caught between raising their kids and caring for their aging parent...
It used to be that you would start a job in the workforce (sometimes after graduating college, sometimes not) and stay there for the next 30-40 years. You'd then retire high on the hog with a decent pension and a monthly social security check.
Nine years ago, Jan Karon, the author of the hugely popular Mitford series of novels, announced that Light From Heaven (2005) would be the last Mitford book. Now, she's back with a new Mitford novel.
Those 50 and older have got a lot of catching up to do if they want to have a comfortable quality of life due to their retirement savings.
I have my own theory about why some people retire happily and others get depressed or ill upon retirement, about why some people drive fast and like rollercoaster rides and horror movies, and others-- like me-- absolutely refuse to see anything violent and frightening and have always avoided scary rides in amusement parks.
Before you spend a lot of time and money conceiving a plan for a new life overseas, take a close look at the options for establishing residency in each country on your list. Understanding the various visa options available to you is an important part of making your ultimate where-to-retire-overseas decision.
Money problems are frequently cited as a source of friction in marriages, and there is no doubt that bad finances can put a strain on a marriage. However, you can also turn that around and look at it the other way: A bad marriage can put an awful strain on a couple's finances.
Investment types often trot out the cautionary phrase, "past performance does not necessarily predict future results." And for good reason. Clients must understand that their financial tomorrow is no guarantee. Yet when it comes to the question of whether we are doing enough to ensure that we won't outlive our resources in retirement, we can learn a lot from history.
The U.S. has one of the least generous pension systems in the advanced world; only six member countries of the OECD have lower pension wealth.
Step back to appreciate that life is a balancing act and retirement savings needs a seat at the team next to YOLO and FOMO.
We talked to Jeremy Jacobson, 39, who retired a year ago thanks to the nest egg he and his wife saved for 10 years. They have no plans to rejoin the workforce, because they expect their money to last another 60-plus years. They even want to have kids.
While living in the San Francisco Bay Area my husband and I both worked long days, and too many weekends. We rarely bumped into our neighbors, had little free time for socializing, and even less energy.
Baby Boomers........... OK, I'm just not satisfied, comfortable or excited about referring to my girlfriend Darla as my "girlfriend". Do you know wh...
Congratulations! You're one of the lucky, financially diligent few who have your basic financial security numbers -- that is, retirement, credit card debt and emergency savings -- under control, and you deserve a big pat on the back. But the big question remains: Now what?
Something as important as a 401(k) - a long-term savings vehicle that is for many people their largest or only source of retirement income - deserves the kind of care and professional management we employ in so many other areas of our lives.