If you’re retired and the golf/beach/travel rotation is beginning to get old — and you’d love a little extra dough — you may be considering something your younger, cubicle-bound self never thought you would: going back to work (though only part-time). Read the rest of the story.
“Social Security is broken; it’s bankrupt; I’ll never see a dime of what I put into it.” Chances are if you’re a millennial, a Gen-Xer, and dare I say, even a Baby Boomer, you’ve likely uttered these words, or at the very least you’ve thought about it in passing. http://finance.yahoo.com/news/im-worried-social-security-run-093049547.html
In the realm of perplexing financial topics, Social Security benefits must rank somewhere near the very top of the list. Read the rest of the story.
The decision to move into a retirement community is a huge one. And it’s not for everyone. Read the rest of the story.
Just because you’re a smart person doesn’t mean that you don’t make bad decisions with money. Read the rest of the story.
Helping your grandchildren avoid student debt is a worthwhile endeavor, but it’s not the only way you can safeguard their financial future. Read the rest of the story.
Generating income for — and during — retirement can be a challenging endeavor. The most common mistakes people investing in their futures make are very simple: being too conservative or too risky in decision making. Read the rest of the story.
If your 401(k) plan is doing OK and your IRA is flushed out, you may think you’re doing pretty well for retirement, especially compared to your parents who likely saved a small portion of what’s sitting in your retirement account. The problem is, you need a lot more money than ...
The so-called “4 percent rule,” long considered a safe amount one should withdraw each year in retirement, is now the subject of much debate. Some experts argue that it is too high, while others say it is too low. Still, many financial advisors say it is a good starting point ...
Your 30s is filled with countless opportunities, both for success and for failure. They’re the years for establishing careers, having children and building a solid financial platform for the future. Read the rest of the story.
If you love your job, retirement can be more difficult than you might expect. Read the rest of the story.
Have you recently thought about the details of how your nest egg turns into income in retirement? If not, it may be time to do so. There is no magic wand to wave over your savings to turn it into a steady income stream for life in retirement. Although, wouldn’t ...
For the second time in a year, I have received a call from a client stating that they want to liquidate all of their accounts and move the assets to long term annuities. This does not happen often – in 32 year in business, you come to expect to lose ...
The heat is on. With the April 15 deadline less than three weeks away, taxpayers have filed just over half of the 150 million returns expected this year. Read the rest of the story.
When you reflect on the painful topic of your worst investing mistakes, what comes to mind? Do you think of a bad stock you held for too long? Read the rest of the story.
Admit it. You’re afraid of your Form 1040 or any other tax forms. That’s OK. A lot of us are. And our tax fears, sometimes irrational, sometimes warranted, cause us to do a lot of dumb things when it comes to our annual returns. Read the rest of the story.
The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in the coming months. Read the rest of the story.
As inveterate watchers of sitcom reruns (and a real-life Felix/Oscar combination), my sister and I loved The Odd Couple while we were growing up. One of our favorite episodes featured a courtroom sequence in which Felix (Tony Randall) berates a witness to “never assume,” and proceeds to use the chalkboard ...
Tax myths are a lot like a bad date. They are annoying and seem to last forever. Yet people have beliefs about income taxes that have no basis in reality. Read the rest of the story.
Do you think today’s 50-year-olds can count on getting their Social Security benefits when they retire? Read the rest of the story.