Retirement

Monrovia, CA, September 15, 2020 – Iris, 4, and Castle Snider, 8, look on as flames engulf the … [+] hillsides behind their backyard as the Bobcat Fire burns near homes on Oakglade Dr. (Robert Gauthier/ Los Angeles Times via Getty Images) Los Angeles Times via Getty Images The world feels, both literally and figuratively,

Yes, you can plan for a happier retirement. Financial planner shares some tips to get you there. getty Retirement is about more than money, investments, and never having to work again. I’ve helped many people retire happily over the years, and rarely is this happiness attributable to having the largest 401(k) or Roth IRA. That

By Richard Eisenberg, Next Avenue Managing Editor getty Given the steep number of Covid-19 deaths and cases in nursing homes and lack of PPE there; the recent inability to see loved ones in assisted living and retirement communities as well as the poor pandemic communication between many operators and families of their residents, is it

getty How is Chicago going to solve its budget crisis? Two weeks ago, when Mayor Lightfoot gave her budget forecast address, she spoke of dreams for a “world-class” entertainment district surrounding a Chicago casino, the revenues from which are slated to fund the police and fire pension funds. But, it turns out, that may not

Essentials of Refinancing a Mortgage getty The current low-interest rate market has created extraordinarily attractive opportunities for refinancing. Some borrowers, however, will make better use of the opportunity than others. This article sets out what a borrower needs to know to make the right decisions on whether to refinance, how to refinance, where to refinance,

getty An individual’s approach to managing their personal finances is shaped by a myriad of influences. These may include their upbringing, community, social circles, and religious beliefs. A lifetime of experiences, and the manifestation of all these influences, impacts one’s relationship with, and attitude towards, money. Another, often overlooked, factor that impacts the way individuals

You can’t visit, the signs say. Early in this pandemic, The American Health Care Association recommended that care facilities prohibit visits from families of those in care homes for elders. Many painful reports of separation of seniors from loved ones tell us that isolation has a high emotional price. But you just can’t make mandatory

By Nancy Davidhoff Kelton, Next Avenue Contributor Instructor Nancy Kelton teaching her writing students on Zoom Russell Saray Considered technologically inept by people who know me and by strangers who have heard my curses and cries for help in the “quiet” New School faculty room in New York City, I am as surprised as anyone

Young adults living with their parents well into their 20s and 30s – It might not be the best, but … [+] it’s not terrible. getty “So, what’s it like?” I ask. Looking away 26-year old Noah remarks, “It’s not the best. But hey, I get good food, my laundry gets done, so it isn’t

getty The Calmar Ratio tells you what you really want to know You have probably not heard of Terry W. Young. And you likely have not heard of the Calmar Ratio, which he invented nearly 30 years ago. But when I tell you what it measures in an investment’s past performance you might remember it

Group of older adults having breakfast getty In an earlier post, we explored retirees’ freedom to choose where to live and what kind of home to occupy, along with the many options they enjoy. As retirees get older, or any time their need for household support and medical care increases, the availability of care becomes

getty The Department of Labor (“DOL”) recently proposed an update to its proxy voting rule for retirement plan fiduciaries. On the face of it, it’s not too different than the existing rules. It emphasizes that fiduciaries must always (and only) do what’s in the best interest of plan participants. There is one part of the

By Bob Blancato, Elder Advocate and Next Avenue Contributor Pundit Joel White of Horizon Government Affairs offers his views Panel of Pundits 2020: The Decision Year What’s in store for older Americans from the 2020 presidential election? For answers, the American Society on Aging (ASA) just hosted its Panel of Pundits — an annual event

getty Compared to generations in the past, millennials have had a tough time in their lives so far. This is a generation of investors who grew up during the Great Recession, are dealing with exorbitant student loan debt, inflated home prices and rent costs, and are now dealing with the economic fallout of COVID-19. Despite

getty As of September 10, 2020, the below described bill has failed in the Senate. To learn about what that bill contained, and what I hope future bills will contain, continue reading. On September 8th, Senate Majority Leader Mitch McConnell (R-KY) released an amendment (S.Amdt.2652) to Senate Bill 178 (the “UIGHUR Act of 2019”) which

Topline As optimism on Wall Street grows about potential FDA approval for a coronavirus vaccine, here are six stocks that could make outsized gains and rebound on the news, according to experts from Stifel. Stifel says cruise stocks are set to bounce from a vaccine announcement. Getty Images Key Facts Stifel analysts recently highlighted a

We start with considering how interest is credited to fixed index annuities, since this is the area that differs the most from variable annuities. Since FIAs are fixed annuities, crediting interest is the technical term for the returns generated by the contract value. As with variable annuities, it can be difficult to provide a standard

By Richard Eisenberg, Next Avenue Managing Editor getty Getting rid of stuff that’s taking up space in your home can be tough — even for money experts. That was made painfully clear on the new episode of the “Friends Talk Money” podcast I co-host with Terry Savage (personal finance syndicated columnist and author of “The

getty Are you ready to learn about the basics and start investing? Do you want to know the difference between a stock and a bond? You’ve probably heard of stocks and bonds. Both are essential building blocks of most investment portfolios and are often mentioned in the same breath. Stocks and bonds are two types

Medicare Open Enrollment and the donut hole. Getty The Medicare Open Enrollment Period (OEP) is a very important time for anyone who has a Medicare Advantage or Part D drug plan. Here are some important points. The OEP begins October 15 and ends December 17. This is your opportunity to review your coverage for next year. Watch