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"In your retirement, don't spend the money in your IRAs and 401k." Yes, I really said that. Instead, think of your retirement savings as a monthly paycheck generator. Then, spend no more than the amount of this monthly paycheck.
Finding retirement work that you like is a critical part of your retirement planning. Not only will working in retirement help you make ends meet, it might also help you live long and prosper. Here's how to find the right kind of work.
Those who say college isn't worth the money base their position on three problems. The problems are real, but their conclusion is off base.
As financial market returns stagnate, Wall Street is rolling out a host of "new investment stories" looking for a piece of your portfolio. I'd be careful.
Less than 20 percent of Gen Y workers with access to a Roth 401(k) are opting for it over a Traditional 401(k). That could be huge missed opportunity.
Whether to take a lump sum payment or a monthly payment is one of the most important retirement planning decisions you'll make. Don't make this decision without carefully considering all the factors. Don't bet your life!
Higher income taxpayers will be the most severely impacted. If that includes you, then have a discussion about these tax planning strategies with your tax and financial advisor sooner rather than later.
Six new board games, and some old ones, that will help your child soak up valuable money wisdom without trying.
Beginning this January if you have OTC medications you pay for with a Flexible Spending Account (FSA) or Health Reimbursement Arrangement (HRA) you're going to need to get a doctor's prescription to be able to continue to have your plan cover the cost.
Retirement planning is the ultimate exercise in delayed gratification. And let's face it, delayed gratification is not exactly our collective strong suit. Here's how to push yourself past your procrastinating ways and get your retirement plan in great shape.
Despite a growing recognition that kids need to learn more about money, they aren't. Here are some age specific guidelines for teaching your children how to manage their cash.
Olympic gold-medal swimmer Wendy Boglioi talks about her family's struggle with providing long-term care for both of her parents. As a result of her experience, she shares two compelling pieces of advice for boomers.
Let's take a test drive of a simple online program that calculates your retirement income. You'll see how to generate a retirement income that can last as long as you do.
There are many options available to borrowers to make their student loan payments more manageable. Here are a few.
Folks struggling to repay student loans should not simply give up. There are more incentives and repayment options allowed for student loans than any other debt and credit obligations.
