People who faithfully stash away money for retirement do so in hopes that their post-working years will be, relatively speaking, a stress-free environment where they can enjoy the fruits of decades of hard work without concerns about running low on  cash. But pitfalls lie in wait for the unwary. As you near or enter retirement, be alert to these three common mistakes:

The closer we get to the incoming return to normal, the more antsy you can feel the crowd becoming. It is showing up everywhere in knee-jerk reactions. Held back behind the relentless surge of meaningless media, the facts stay hidden.

Those living with arthritis understand that it can cause pain and stiffness, but that doesn’t mean they should avoid activity. If they can, arthritis patients should establish an exercise regimen because it can relieve their symptoms. “Regular exercise is important for individuals suffering from arthritis because it helps manage their conditions,” said Brittany Price, fitness supervisor with Franciscan Health Fitness Centers. Price said regular activity can improve strength and aerobic [...]

Worried you might outlive your retirement savings? You’re not alone. That very real fear is called “longevity risk” by financial analysts, and it’s hardly the stuff of paranoia: Fully 49% of Americans say that they fear they’ll live longer than their retirement savings, according to SimplyWise. And not surprisingly, then, about half of people are planning to work in retirement, per TransAmerica. There are two ways to ease your fears: [...]

For many, a legacy centers around the size of your estate when you pass. It is human nature to try to ensure financial security for your children, their children, and future generations to come. It is also common for inherited wealth to be gone and spent within three generations. Generational wealth planning involves considering many different aspects of financial planning. Not only do you need a plan to grow the wealth [...]

As you transition into retirement, it’s a good idea to adopt strategies that help protect you from significant financial losses in your later years due to mistakes, financial exploitation from unethical friends and relatives, and fraud. The recently released “Thinking Ahead Roadmap” helps you select a financial advocate who can assist you in managing your money and property at a time in your life when you might need help.