Individuals and retirement planning experts alike are recognizing that a successful and satisfying retirement experience depends on more than a healthy nest egg. In fact, financial reporter John Wasik contends, “Financial security and retirement are not the two peas in the pod they used to be... Read More
Life expectancy has increased dramatically since the turn of the 20th century. Our challenge is to make the most of our bonus years—not only to live longer, but to live better as well.
Numerous studies have documented the fact that involvement in productive activities contributes to the... Read More
For many of us, managing our finances and building economic security is a nagging concern. We know we should be making greater strides in taking control of our money matters, but nothing changes. What keeps us from achieving the financial peace and satisfaction we desire?
One of the... Read More
Our concept of retirement is undergoing a metamorphosis. Demographic, societal, and workplace trends have all converged to offer a stage of life—at mid-life and beyond—that is much more fluid and flexible than we previously thought possible. When planning for retirement, we are discovering that... Read More
As compared to men, women encounter more challenges to achieving a financially secure retirement. Research shows that women generally live longer, earn less, and spend fewer years in the work force because of family caregiving responsibilities. In addition, more women than men rely on Social... Read More
“Boomerang Kids.” It sounds like a TV reality show: Kids grow up, kids move out, kids get into financial trouble, kids move back in with Mom and Dad. In real life, there’s nothing particularly entertaining about adult children moving in with their parents... Read More
It really doesn’t take much to derail a retirement plan. Most of the errors in planning for retirement are those of neglect, omission or panic. If you don’t know exactly where your retirement plan stands, get some advice – a CERTIFIED FINANCIAL PLANNER™ (CFP®) professional is a... Read More
Lifelong learning is not only possible, it is essential to our quality of life as we age. The old adage “use it or lose it” is especially relevant to our ability to retain a sharp and inquisitive mind.
For many years, scientists thought that the human brain simply deteriorated over time.... Read More
In Drive: The Surprising Truth About What Motivates Us, best selling author Daniel Pink presents (in a very engaging and understandable way) the latest research in human motivation. One section, “The Good Life,” is particularly enlightening in regard to how we as individuals establish and... Read More
Like many difficult situations with people we love, planning to take over an older relative’s finances is best done in happier times, when both sides are healthy and various options can be considered. Unfortunately, events can sometimes intervene – death, illness or natural... Read More