The internet can be quite a useful yet massively confusing place. Searching for instructional videos on saving for retirement with an Individual Retirement Account (IRA) generates more than 450,000 hits. That is a lot of information. It is also way too much information for people who have regular jobs as hair dressers, dentists, home care [...]
If you feel like you are walking through a fog as it relates to markets – welcome to August. Often the slowest month of the year, it blends into September in a way where it feels like it lasts about six weeks instead of four. Playing into the slow feel of August, July ended with [...]
The COVID-19 pandemic has had an outsize effect on people 50 and older: Not only did it impact older adults’ health more severely than younger ones, but it also forced many into early retirement and prompted others to take withdrawals from their savings earlier than they had planned. “So many of our members saw loss of employment,” AARP [...]
A new analysis of global working trends shows that the retirement age is gradually getting older, but depending on where you live, your golden years might be even farther away than you think. Compare the Market, a comparison website, recently complied data on how retirement compares in countries around the world. Unfortunately, the United States [...]
Dear Liz: My husband and I are retired, with enough income from our pensions and Social Security to cover our modest needs, plus additional money in retirement accounts. We have owned our home for 35 years but refinanced several times and still have 15 years to go on a 20-year mortgage. With rates so low, [...]
If you're thinking about retiring soon, you might need to cut back your expenses. For most people, retirement is a time of living within your means, cutting back frivolous expenses, and living modestly. If you're wondering where to start, three retirees give their best advice for anyone wanting to cut their spending.
Last year’s events may have taken a toll on your financial situation. Those who had a financial advisor during that time were guided through all the ups and downs of the market and their personal financial lives. If you’re getting back into the swing of things, a financial advisor could be just what you need. [...]
What can you expect from life once you retire? You might be surprised by the things that current retirees are saying about their lifestyles, priorities and hopes for the future. You also might find this knowledge quite helpful as you prepare for the day when you retire. Retirement today is far different than was the [...]
Maybe you’ve been sedentary for months or have held off on exercise because of the pain in your knees. Or maybe you walk most days of the week but want to up your game a little and tone your arms, too. We’ve gathered tips from fitness gurus on how to beef up your fitness regimen, whether you’re [...]
Investing in stocks is a great way to grow wealth for the future. But savers are often advised to shift some of their assets away from stocks and into bonds once retirement rolls around. The reason? Stocks are very volatile, and while keeping some stocks around during retirement is a smart move, seniors should also [...]