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People planning for retirement should consider the odds that they will live beyond their life expectancy, since there's a 50-50 chance this will happen.
Everyone thinks you can't get at your retirement money before age 59 1/2 without a 10% penalty. Everyone is wrong.
If you ask CPAs and enrolled agents- professionals qualified to prepare federal tax returns - what you can do to help them do a better job for you, this is what they'll tell you.
If you're self employed, make sure you take advantage of the tax savings available from creating your own retirement plan.
Top economic bloggers say reducing Medicare/Medicaid and Social Security are the most logical ways to balance the federal deficit. Among the worst ideas according to the econo-bloggers are raising payroll and income tax rates.
Working Americans who retire under Medicare face potentially high annual out-of-pocket costs for prescription drugs. That was the bad news; here's the good news. Many of the conditions that require lifetime maintenance drugs are the result of unhealthy lifestyle choices and habits, like eating the wrong foods and too much of them, smoking or not exercising.
Helping your child fund a Roth IRA starting in their teens or twenties gives them a huge leg up on being a retirement millionaire.
As parents save less for their students college, more students will take on an amount of loans than they cannot possibly afford on their income when they graduate. Here's my rule for how much in student loans is affordable.
We need to rethink messages sent to us by society and advertising about the traditional retirement, since it's out of reach for most Americans.
In an effort to boost the economy by lining the pockets of some taxpayers with cash, the federal government provided a few new tax breaks for 2009. To get in on your share of the governments largess, you'll need to be familiar with two little known tax forms - Schedule M and Schedule L. Here's what you need to know:
If you try to determine what the correct value is for the stock market, you may end up doing more harm than good to your portfolio.
New research suggests reverse mortgages will by necessity become a key component of retiree income security.
Over the years, I've seen lots of people make uninformed or poor choices, and as a result, they lost lots of money. If you can avoid common investing mistakes, you've won half the investing battle.
The financial services industry would do itself (and its customers!) a big favor if it stopped focusing on the big Number needed to live comfortably in retirement, and instead gave some useful advice about how saving reasonable sums now will get you where you want to be in 30 or 40 years.
This post discusses evidence that working in your retirement years might actually improve your healh and longevity.
