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Now that the 12-member debt super committee has met for the first time, the debates will begin on how to reduce our national debt. Changes to Medicare are on the table, so let's see what options the debt super committee has to contain the rising costs of Medicare.
For most people, making a claim and getting through the insurance settlement process is something they have never had to deal with. It can be confusing and intimidating, but it doesn't have to be.
When adult children return to live with theri parents, it can cause stress and difficult issues arise. What works best is when the young adult is contributing and there are some basic ground rules with which everyone agrees.
Who would you rather get nutritional advice from scientists, or from clowns, dogs, frogs, camels, and cowboys? Your answer can significantly influence your health and longevity, as well as your pocketbook. Read here for details.
Last night at the GOP presidential primary debate, Texas Governor Rick Perry called Social Security a "ponzi scheme" and a "monstrous lie" to the younger generation. These inflammatory statements are out of touch with the majority of Americans. Read here for details.
Employment rates among Americans ages 55 and over are at the highest levels in decades. Read here for details, including win-win ideas for helping you enjoy retirement work.
Experts say that intergenerational living arrangements - also known as boomeranging - can be a good thing, or a bad thing. Regardless of the reasons, what works best is when the young adult is working, contributing and there are some basic ground rules with which everyone agrees.
How have target date funds performed during the latest downturn? Read here for details.
Target date funds are a good way to help you stay invested in the market during downturns, and a recent study shows that participants who invested in these funds stayed the course during the 2008-2009 downturn. But don't blindly invest in a target date fund - look under the hood! Read here for details.
With the debt super committee reviewing all forms of federal government entitlements, it's good to keep in mind the basic reasons we need Social Security. Social Security is a collective good for our society; it shows that we value taking care of our senior citizens. Read here for details.
How much money do you really need in retirement? Read here for inspirations and insights on how to live to the fullest in your retirement years.
The four percent rule is widely followed as a strategy for calculating amounts you can safely withdraw from your retirement savings while minimizing the odds of outliving your money. There's a serious flaw with this rule, however, that can result in you outliving your savings. Read here for two strategies to address this problem.
I've advocated that you should take care of your health as an important way to reduce your exposure to high bills for medical and long-term care expenses. But could this strategy backfire and actually cause you to spend more money during you retirement? One financial services firm suggests this might be the case. Read here for details, and why this won't necessarily be bad for your retirement finances.
Many folks in the Northeast are not as familiar with earthquakes as are folks who live in California. And as such, I don't think these folks give the matter of whether or not to buy earthquake insurance a second thought.
Students and their parents face a number of financial decisions and transactions that can have an impact on their finances. Here's my guide on what parents and students need to know about the financial tools and decisions that face students and their parents.