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A Social Security "do-over" - where you can request to halt benefit payments, return them in total and restart benefits at your current age - could result in a larger monthly payment for life.
Handling finances ranks as the most demanding "cognitive" task according to a broad survey of more than 3,000 adults. (The least demanding you ask? Watching TV. Big surprise, eh?) That's just another reason we should be pushing policy makers to step up ways to make key retirement planning tasks easier to accomplish.
Can you live a long time and avoid high costs for medical and long-term care? Here you'll learn how you might be able to achieve this goal, and you'll actually see one person who did.
Low inflation increases the odds that you won't run out of money in retirement.
It's clear that we're finally going to see some progress this year in shining a light on 401(k) fees. That's good. But I sure hope Washington and the 401(k) industry aren't going to sit back and feel that's enough reform for one year. There's plenty more in 401(k)-land that needs fixing. And fast.
Stan Hinden's book How to Retire Happy combines good financial planning information with his story about his own retirement. He's candid about the mistakes he made and how he'd do things differently with the benefit of hindsight. We can all learn from Stan.
Consider this robust definition of good health--your physical well-being is such that you have significantly reduced the odds of chronic, expensive conditions in your retirement years. You'll increase your enjoyment of life, and decrease the money you'll have to spend during retirement on medical costs.
Here is what you need to know about some of the changes that go into effect this year that will impact seniors and small business owners.
A whole lot of college grads are leaving school with more than a degree and great friends. More than one-third of private-school grads will depart with more than $30,000 in student loan debt. Looking for that perfect college graduation gift? How about helping out with repaying the student loan debt.
Seniors who volunteer report high levels of well-being, which can help you save money and enjoy your retirement years.
If you focus less on the price of the market and more on its economic value, you'll have a more rational view of your wealth.
The Patient Protection and Affordable Care Act is now the law of the land. Here is what you need to know about some of the changes that go into effect this year that will impact individuals, families, and small business owners.
You must pay for good financial and investment advice--nothing is free. In fact, "free" financial advice is often very costly. Understand what you're getting yourself into before you pay. Here are three common ways to pay for investment advice.
Head into retirement in good health and it is going to end up costing you plenty. New research says healthy retirees, on average, will run up steeper lifetime medical costs than couples grappling with at least one chronic disease at age 65.
Sure, hiding out in short-term bonds feels good right about now. Given the drumbeat of warnings that we are nearing the popping stage of a bond bubble, its a safe play for today's tough market. Only problem is, you'll also come up short over the long-term.
