Finance Articles

These days, it’s not uncommon to find that many baby boomers are coming into their first divorce, may have lost a business, or have found themselves mired deeply in dept.  These financial pitfalls are not just emotionally draining – they can have a devastating impact on your retirement savings if you don’t take the proper [...]

No one likes to talk about the possibility of death, especially when it comes to their own; however, if you want a happy and comfortable retirement, you’ll need to plan out your estate so you don’t leave your family behind with bad debts along with old memories.  If you think that you need to hire [...]

It may surprise you in this current economic climate that people are still thinking about retiring early, but there are an increasing number of people who fully expect to be able to retire and pursue their hobbies or volunteering for an extended period following their careers. What are the secrets to being able to lower [...]

The economy has been hitting your retirement fund hard.  Between the fluctuating market to the threat of inflation, it’s no wonder that you’re worried about the health of your retirement savings – and are possibly tempted to just put off saving for retirement until the recession disappears.  However, now is not the time to give [...]

It’s something that every baby boomer has dreamed of at some point – the early retirement.  Those dreams of a Florida retirement, or days spent traveling the world with a loved one is an awfully tempting thought, but many of us brush off the notion of an early retirement simply because we don’t think we’ve [...]

Remember those dreams about early retirement?  It can be easy to daydream another dreary 9-5 day with thoughts of sunny golf courses, exotic and undiscovered locations to travel to and more free time than you know what to do with.  Of course, most people brush off the thoughts of an early retirement as just fantasy, [...]

Retirement can always seem like somewhat of a gamble, even during the best of times.  After all, will you have enough money to see you through up to three decades?  Will you have enough to counteract the effect of inflation?  These questions alone are enough to make any baby boomer nervous; however, add the recession [...]

This week I think about long-term care insurance and whether that you should consider taking out a policy. It does not rank as one of the best investments for everybody, but you should consider carefully whether it may provide you with the assurance of continuing care that you need. As with all insurance, there is [...]

Those approaching retirement age become increasingly interested in how much money will be available for them to live on each year. The obvious fear is that the money may run out if you draw out too much, and you will live the end of your life as a pauper. On the other hand, and apart [...]

Let’s face it – unless you’re a savvy saver, you’ve probably lost sleep over your impending retirement at some point or another.  Maybe you’re worried that inflation will eat away at your 401(k) retirement fund, or you won’t be able to afford rising medical costs in another decade or two.  Whatever the case may be, [...]