Retirement

Many LGBT retirees don’t want to live the stereotypical retirement of golfing and spending time with their grandchildren. Beyond the fact that we may not be fully welcomed in the country club-style retirement communities. The needs of LGBT retirees when it comes to where we want to live and how we will get the most

It seems that we hear of yet another family facing dementia just about every day at AgingParents.com. They want to understand options about how to pay for care, what to do with sibling fights about the elders, and they seek answers many related legal questions. In the midst of this, they are trying to cope

I wrote a very similar article back in 2020 with a list of five books I thought everyone should read. I stand by each and every book I chose for that list, but with so many new personal finance books coming out each week–and my tendency to discover some books a few years after they’re

It’s March, the NCAA tournament is quickly approaching, and many are playing a last-minute game of ‘bracketology,’ trying to create the perfect bracket. The odds of randomly picking a perfect bracket are pretty remote, like 2^63, or about 1 in 9.2 quintillion. Pretty tough odds. There’s another, and arguably more important, bracket you need to

Acupuncture and Medicare – two words that I never thought would be together in the same sentence. However, now that they are connected, it’s time to learn about acupuncture and Medicare, especially if you suffer from chronic low back pain. The practice of acupuncture most likely originated in China over 2,500 years ago. Traditional Chinese

Inflation just hit another high and the consensus appears to be it will go higher. It’s chic to pin this problem on the events happening now in Europe, but the core source of our current inflationary spiral pre-dates the Russian invasion. The following comments from financial professionals are based on interviews conducted prior to the

It’s official, after 20 seasons of cold in New England and heat in Tampa, Tom Brady finally retired. No wait, he’s back! After only 41 days, football’s GOAT has retirement remorse and is making a U-turn back to the field. Brady tweeted his decision. “These past two months I’ve realized my place is still on

Topline Professional investors are growing increasingly gloomy about the future, with the majority now predicting that stocks will fall into a bear market this year and the U.S. economy will be plagued by stagflation—meaning high inflation and slow economic growth—according to Bank of America’s latest Global Fund Manager Survey. Key Facts Investor sentiment is growing

In addition to the human tragedy, the serious situation in Ukraine certainly gives many investors cause for consternation, particularly those who have been in the market 10 years or less. However, history tells us that not only is volatility normal, but volatility can create opportunities, since some loss-averse investors will make a beeline for the

Digital financial planning is a force multiplier that allows advisors to serve more people in a more insightful way Changing Landscape The financial planning landscape has changed with a quantum shift in demographics and an increasing interest from younger generations wanting to learn more about financial planning. According to ICI Research, there are some 38%

Most estate planning discussions assume assets flow in only one direction, from older generations to younger generations. That focus neglects some opportunities to increase family after-tax wealth. It’s not unusual for adult children to help care for their parents or have more wealth or higher incomes than their parents. In those situations, reverse estate planning

It’s a simple bill, and a short one, too: The Lifetime Income for Employees Act, or the LIFE Act, introduced back in mid-February as HR 6746, has one objective: to enable employers to default their employees’ 401(k) investments not just in the (by now) traditional “target date” funds but also in annuity contracts. Specifically, for

Boost your yield and your principal gets nibbled. Here’s how to assess the trade-off. “I bought the Invesco Senior Loan ETF, ticker symbol BKLN, in 2017 and haven’t seen the light of day since. I bought it when I learned that it’s floating rate and if interest rates rise it should not lose value. Any

“C’mon, Dad, hurry it up!” said every kid (ever) having his or her picture taken on a family vacation. “Hold on,” Dad said, “I’ve almost got the lighting right…” Little did Dad know that we might have been onto something as kids. Indeed, taking a picture changes something about an experience, doesn’t it? And the

With everything going on in the world right now, there is a feeling of general unease blanketing our nation. While I cannot speak to the politics of foreign governments, I can mourn for the lives lost in the current struggles and share my thoughts on how I see the markets reacting. “It’s different this time.”

By Ronnie Genser, Next Avenue My unexpected journey to my “second act” began on September 20, 2011, the second day of Rosh Hashanah (Jewish New Year 2011) when my beloved husband Sandy (Sanford) Weinberg, age 61, had an unexpected massive heart attack around 11 pm. Sandy was a health care management professor at the graduate

By Leslie Hunter-Gadsden, Next Avenue Entrepreneurs often begin with an idea and manage their new business alone — at least in the early stages of their startup. So, in essence, they are often “solo-preneurs” with hopes of possibly adding a few staff members as their business expands. For Patricia Wynn’s Hillsborough, N.C.-based lifestyle assistant business,

The U.S. Department of Labor came out this week with an unusually strong warning about cryptocurrencies pushing their way into 401(k) retirement accounts. Over the last few months, some financial institutions have started marketing crypto investments as potential options in these highly regulated accounts, and that’s a problem according to the DOL. “At this early

By Carol Ungar, Next Avenue When Vivian Kirkfield’s feet touched the ground after skydiving, she had an epiphany. “I realized that if I could jump out of a perfectly good airplane, I could do anything.” For Kirkfield, who received the skydive as a gift from her son when she turned 64 in 2011, that meant

Soon, California residents with personal care needs will be eligible for Medicaid long-term care no matter how much money and other assets they have. On July 1, the state will increase the program’s asset limit from $2,000 for an individual to $130,000 and from $3,000 for a couple to $195,000. The state plans to end