Financial advisors, money managers and other financial services professionals can uniformly attest to the gap that exists between what individual investors expect to live on in retirement and what they are likely to have, based on what they've accumulated to date.
Medicare recently upgraded its coverage of outpatient mental health services to help beneficiaries with depression and other needs. Here's how it works.
David wanted to spend our vacation somewhere that could provide fantastic saltwater fishing, and he hit the bull's-eye with Pedasí, Panama. Located on the Azuero Peninsula, Pedasí sits on what is known as the "tuna coast," though a more apt nickname might be "anglers' paradise."
Retirement has gone from being an expected right and privilege to a broken promise and a cruel joke. No use crying over spilled milk, but let's stop talking about Retirement as if it's going to happen -- or at least as if it's going to happen the way they told us it was going to happen.
If you've decided to buy a boat and live the cruising lifestyle, you have all the same questions we did. Where do you start? What makes a good boat? How much will it cost? Where do you shop?
Our value as human beings extends far beyond our productive capacity. It includes our capacity to love and be loved, our capacity to listen to others without judgment and with compassion, and our capacity to make a difference for others. We can both contribute value and find value in life at any age.
This summer, the Supreme Court of the United States ruled unanimously that inherited IRAs are NOT retirement accounts, and it is now the law of the land. To learn more about why your IRA may not be a retirement account and what it means for you, read on.
We recently disagreed with Andrew Biggs and Sylvester Schieber when they said the retirement crisis is not real. They responded with data showing that people over the age of 65 maintain their standard of living not through adequate retirement savings, but work. Here's the rub -- work is not retirement.
People fail at retirement planning for a variety of reasons, but one of them is that they get overwhelmed by the sheer size of the task. After all, when you calculate how much money it will cost to fund a comfortable retirement, reaching that goal can seem like scaling Everest.
There are always a few expats who feel that, once they arrive in a country, no other foreigners should be allowed in. As soon as they're settled, they'd like all talk of this great place they've found to live or retire to cease (except for their own blogs and posts about what a great place they've found to live or retire).
When trying to make ourselves feel better about our financial situation, we often tell ourselves little lies that ease our minds about things. The problem is, if we tell ourselves these lies enough, we tend to start believing them.
What's the right answer? That's the question we spend a lot of time asking ourselves when faced with a major decision. Should we move to Colorado? S...
When small-business owners ask me how they should save for retirement, I tell them they don't need to worry about it -- if they like the taste of cat food.
I'm generally against loaning money to family - including the kids. Instead, I recommend they find other resources. But sometimes lending money to kids can be a win-win. At the very least, it doesn't have to be a lose-lose.
I've spoke to a lot of people through the years and read quite a few articles that assume this point: you only need a budget AND a financial plan if you're wealthy.
Here are some expert tips from professional financial planners and advisors on how a same-sex couple can best plan for a long and secure future together.