TechnologyOpens a New Window. is beginning to play an important part in Baby Boomers retirement planningOpens a New Window..  Smart phones  and the internet not only keep you in touch with family and friends, but digital wealth is quickly becoming the future of financial planning for your golden years.

“It is better to be tried by twelve than carried by six.” As a police trainer I have always understood the sentiment in this oft-repeated quote, but have strongly felt that it sets the bar too low.I prefer, “It is better to be applauded by twelve than carried by six.” When you strive daily to look, talk, act, fight and win like a professional, you increase your odds of retiring undefeated. Too many [...]

Saving for your golden years may not seem like a priority compared to daily expenses, debt repayment and short-term savings goals. Yet the sooner you start, the better you can leverage compounding interest and the more your money will grow. Getting an early start on retirement planning also provides some flexibility if you decide to tweak your strategy.If it seems overwhelming, remember that you don’t have to plan your retirement all on [...]

What would you do if you discovered a leak in your roof? Repair it as soon as possible or wait until it led to more costly, long-term damage? For most people, the answer is easy: repair it now. But what if you didn’t know about the leak until it was too late? The same thing can happen with your finances. You have a general idea of how much money is [...]

If you're fortunate enough to have access to a 401(k) through your employer, take full advantage of it. Only around 53% of workers over the age of 22 have access to a defined contribution plan, such as a 401(k), according to a Pew survey. Of those who have access to this type of plan, however, only 38% actually participate.

Nearly one-quarter of Americans say they never plan to retire, according to a poll that suggests a disconnection between individuals' retirement plans and the realities of aging in the workforce. Experts say illness, injury, layoffs and caregiving responsibilities often force older workers to leave their jobs sooner than they'd like.