Bobby and Becca spent much of their lives devoted to educating Tennessee schoolchildren. But as retirement neared, the couple knew their teachers' pensions wouldn't be enough to allow them to continue living comfortably just outside Nashville. So they retired to Ecuador.
A recent MONEY survey revealed that 10 to 40% of all married and cohabiting couples are in the dark about each other's retirement plans. This is not a surprise. Disagreements over money are the leading cause of all break-ups.
You know what? You've earned the right to be a little selfish. You have earned the right to choose a path for yourself and to decide what your future will hold
She entered the stage to a roar of applause, pausing on the tips of her toes, exhaling and taking in the cavernous Metropolitan Opera House. Was this the title character Giselle, breathing in a new day and unaware of the tragic fate before her, or a veteran performer relishing her final moments?
The Illinois Supreme Court is the latest to confirm that retirement security is an essential part of our social fabric, and one that merits constitutional protection. When people work hard and spend their entire professional lives paying into a system that guarantees them financial security in retirement, we can't pull back on that promise.
No one will hold you accountable for saving for retirement. It's something you have to do on your own. Getting out of debt may take years, but saving for retirement will take decades.
The old-age dependency ratio we rely on has a big, glaring weakness: It assumes that at age 65 everyone will become an 'old-age dependent' -- meaning retire and leave the workforce. And the reality is, that isn't the case now and certainly won't be true in the future.
Seniors who, during their work years, accumulate a nest egg that they then use to maintain their lifestyle during retirement risk running out of money if they live too long. Seniors who own homes, however, have a valuable option: They can use a reverse mortgage to reduce the risk of outliving their money.
This is the season in many people change jobs or retire. Some of those changes are governed by the academic calendar, some by the change in seasons, and some by tradition.
If you're like many baby boomers, you possess an unfailing optimism about the future, while also waxing nostalgic about the past.
If my dad or mom calls me after 11 p.m., my first thought is not emergency, but that one of them just found either Bob Dylan or Neil Young on TV. We Daleys are a proud Dylan-and-Young-loving people.
Based on measures of economics, health care and quality of life, a new WalletHub study says that Illinois is one of the worst states in the country for military retirees to live.
Renegotiating isn't easy. But the heart of the gospel is this: everyone gets to grow and change. Discerning the will of God isn't about doing whatever you want or making the other person do whatever you want. Discernment disrupts our best-laid plans.
Over our years of living abroad, we've talked to more than a few people who have a secret fear. It's a fear shared by people just beginning to think about retiring or working abroad and by folks who have already made the move. The secret fear is this ... what if I fail?
Elders around the world may be our best hope for solving the "super wicked" problem of climate change. Short-term thinking created our current climate predicament.
For many people, one of the biggest adjustments in retired life is learning how to manage their money without the regular income sources they've grown accustomed to in their working years.