Retirement

An intensified focus on elder financial abuse by federal and state agencies is being seen as a potential cause for the tripling of reports from financial institutions of suspected cases over the past six years to the Financial Crimes Financial Network (FinCEN). FinCEN is the Treasury Department’s anti-domestic and anti-international terrorism financing unit. Monthly Suspicious

Getty It is important to understand from the very outset how changing risks are primarily what separate retirement income planning from traditional wealth management. Retirees have less capacity for risk, as they become more vulnerable to a reduced standard of living when risks manifest. Those entering retirement are crossing the threshold into an entirely foreign

Early retirement is truly the best of both worlds: lots of free time combined with enough youthful energy to enjoy it. But is it actually possible in this economic climate, with another recession possibly looming? That depends a lot on you. If early retirement sounds impossible, well, it might be if you continue with your

WASHINGTON, D.C. – APRIL 14: Attendees rally on the West Front of the U.S. Capitol building with … [+] Teamsters Union retirees who traveled from across the country to voice their opposition to deep cuts to their pension benefits on April 14, 2016, in Washington, D.C. Thousands are facing massive pension cuts because of a

null Getty Albert Einstein, iconic genius and one of the greatest minds of the last century, had one puzzle he found baffling: “The hardest thing in the world to understand is the income tax.”  If he found taxes enigmatic, it’s no surprise that the rest of us have difficulty following along. The end of the

Getty Traditional defined benefit (DB) plans make it easy for participants by specifying the monthly lifetime stream of income that retirees will receive. Unfortunately, as these pension-style programs become less-common, individuals increasingly rely on employer-sponsored defined contribution (DC) plans. This shifts the responsibility for making complex savings and investment decisions to workers and retirees. To

Getty How much do you need to save in order to retire? This is a very common question, and the answer sometimes gives people sticker shock. Fortunately, simply working a bit longer or taking a closer look at spending can make a very big difference. One rule heard often, for example, is that by 67

DERBYSHIRE, ENGLAND – NOVEMBER 25: Labour leader Jeremy Corbyn poses for a selfie with a WASPI … [+] (Women Against State Pension Inequality) campaigner in Renishaw on November 25, 2019 in Derbyshire, England. A day after Prime Minister Boris Johnson launched the Conservative manifesto, Jeremy Corbyn is expected to announce Labour’s housing policy. (Photo by

Getty Images We tend to think of buying a home as a mandatory part of the American dream. But despite the constant messaging telling us to buy, homeownership may be overrated. A lot of people who shop for homes would actually be better off renting.  We tend to overlook the historical factors that made homeownership

The dramatic changes in lifestyle that results from retirement put many at risk of depression. And the go-to solution for those suffering from depression and anxiety are anti-depressants. But have we become too reliant on these medications? Just focusing on those 60 and older, about one in five are using anti-depressants today, and they’re now

null Getty Today we’re going to dive into a corner of the market where 6%+ dividends are everywhere. What’s more, the funds behind these payouts have crushed the S&P 500 for decades—even during the financial crisis. I’ll also introduce you to a specific fund that’s throwing off a 6.7% payout every month, and should be

By M.E. Chidiac, Next Avenue Contributor Getty “Hello, this is Medicare calling. Your coverage is about to be cancelled.” This type of fraudulent call and others like it happen every day. According to AARP, Medicare fraud losses hit $60 billion in 2017 and continue to rise. And Medicare scammers seem to come out of the woodwork

Mixed messages coming from the stock and bond markets. Getty As we approach the end of the year and the decade, we have a significant divergence of opinion in the bond and stock markets about the economic conditions of the US and global economy. The bond market warning sirens had gone off earlier this year,

Getty Once again, the CDC has released figures on the fertility rate in the United States. Once again, the figures show an all-time low. In May, the CDC released its provisional 2018 rates, with a total fertility rate of 1.728 births per woman. On Wednesday, the CDC released its final rate, at 1.730, a decline

Inspirational speaker on stage Getty Recently I had the DIS-pleasure of sitting through an invitation-only panel discussion on a topic I was quite excited about. I was attending a very large conference focused on the senior housing industry. The meeting was billed as a state-of-technology breakfast and was sponsored by a company that develops creative

They are sobering statistics. According to the National Institute of Deafness and Other Communication Disorders (NIDCD) age is the strongest predictor of hearing loss among adults aged 20-69, with the greatest amount of hearing loss in the 60 to 69 age group. And nearly 25 percent of adults in America aged 65 to 74 and

When Sam Dogen, creator of the popular Financial Samurai blog, first stepped away from the job at 34, he imagined he had finished his days as a working stiff. He built passive income streams that would fund much of his life and he had received a nice severance from his day-job in order to make

Getty Very slowly but surely, estate planning law is catching up to modern technology. The latest development paves the way for electronic wills in most states. An electronic will, or e-will, is one that recognizes the traditional formalities of a will when they’re in an electronic format. An e- will can be written in an

A monitor displays Charles Schwab Corp. signage on the floor of the New York Stock Exchange (NYSE) … [+] in New York in a file photo. Schwab released a study saying only 41% of the people receiving equity compensation have sold of their stock. Photographer: Michael Nagle/Bloomberg © 2017 Bloomberg Finance LP Participants in equity

Blue Origin founder Jeff Bezos speaks after receiving the 2019 International Astronautical … [+] Federation (IAF) Excellence in Industry Award during the the 70th International Astronautical Congress at the Walter E. Washington Convention Center in Washington, DC on October 22, 2019. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) AFP