When it comes to saving for retirement, every little bit helps.
That's why it's important to keep a careful eye on the fees you are coughing up for your mutual and exchange-traded funds, which take a huge toll on potential investment returns over time.
The good news is that fund fees...
Are you dreaming of handing in your notice at work and joining the ranks of the retired? Retirement can be wonderful – if you're prepared for it. So before you put an end to your career, it's essential to make sure you're 100% ready.
Not sure how to do that?...
It’s hard not to get a little down about the financial challenges many women over 50 face. I heard a lot about them recently while moderating and attending panels at the American Society on Aging’s (ASA) 2018 Aging in America Conference and the What’s Next Boomer Business Summit in...
A few years ago, Chad Torstenson decided to sell his house. His experience, he said, was “fairly typical.” A real-estate agent came to his home with a contract, a photo shoot was done, and a sign went up in the front yard.
“With the press of a button, the home...
Social Security, despite all its issues -- and the real concerns about its future, barring action by Congress -- has proven to be a hugely important program for older Americans. The average current retiree gets $1,411 per month from the program, or about one-third of his or her income.
Furthermore,...
Sometimes the truth hurts. And the truth of the matter is that Social Security, arguably America's most important social program, is in some pretty deep trouble.
According to the newest Social Security Board of Trustees report, released in early June, Social Security is expected to hit an unwanted inflection point...
It's not uncommon for older adults to downsize or move to a new city in retirement. This can be an exciting time, but it can also be a challenging one, particularly if you plan to purchase a new home. Lenders are prohibited from discriminating against loan applicants based on...
When you visit a pediatrician, you know she graduated from medical school and completed additional specialized training. When you do business with a lawyer, you know he has a law degree. When you send your child to school, you are certain the teacher is state-certified and meets state-mandated continuing...
Families with working dads and stay-at-home moms seem to be a trend of the past. However, you can still find plenty of households that fit that traditional mold. In 2017, more than a third of married couples with kids were living on a single income, according to the Bureau...
U.S. consumers could probably get rid of their debt faster if they really wanted to.
While American households dedicate about of a third of their budget to paying down debt, they also spend roughly that much on stuff they want versus what they need, according to Northwestern Mutual's 2018 Planning...
