Eight Tips for Living Well from a Busy Baby Boomer! If you’re a recently semi-retired Baby Boomer as I am, you’re in good company. Every day, an average of 10,000 Americans will reach retirement age. That daily number will grow over the next several years as Baby Boomers stop working. Tip #1. Retirement…
By Sharon Scanlon Editor’s Note: It was a beautiful day outside. A perfect day to take a bike ride. Or maybe play a round of golf. But for Dave, it was a day to take it easy on the couch. He just had back surgery and had a few months of recovery ahead of him.…
Ted Norwood Editor’s Note: In part two of Ted Norwood’s post on Social Security, financial planning, and retirement, the author explains the various Social Security benefits and impact they may have on your financial status. (Click here to read Part 1 of this post.) Financial Planning, Protection and Retirement The basics The basic principles are…
The thing about budgeting is that we all know we have to do it, and often the hardest part is getting started. The challenge is even greater for adults with disabilities. In fact, 1 in 4 Americans with disabilities have a hard time finding employment and thus experience financial insecurity. Their economic situation is aggravated…
Retirement is something we all dream about. We often envision it as a well-deserved reward after a lifetime of hard work. We imagine it as a time of rest and relaxation, golden years of worry-free ease. The reality is far different for the majority of us. Studies show, for example, 23% of Americans have less…
If you’re like many Americans, retirement planning may not be high on your “to-do” list. When life is busy and you’re shouldering the burden of looking out for yourself and your family, setting up a retirement plan can slide down the priority list – especially if you’re hoping it will somehow be easier in a…
A report recently released by BMOW Wealth Management showed aging Americans have concerns with regard to retirement planning and the effects on their family and wealth. The report, called The Aging Economy: Improving with Age, surveyed more than 500 Americans 55 and older and reviewed the benefits of an in-depth wealth plan to help manage…
Only 16 percent of employers are “very confident” their employees will be able to achieve a financially secure retirement. This statistic was brought to light thanks to a recently completed survey titled Striking Similarities and Disconcerting Disconnects: Employers, Workers, and Retirement Security, by nonprofit Transamerica Center for Retirement Studies (TCRS). Given the large role employers play in…
Born between 1980 and 2000, Millennials are perhaps the most informed of any generation thanks to having grown up surrounded by modern technology—they’re also poised to make up 75% of the workforce by 2025. That said, millennials actually have quite a bit working against them in terms of finding and maintaining stability, from disappearing pensions…
No one plans to have cancer. Aside from the shock and anxiety for the future a diagnosis brings, cancer also presents a financial situation that few people fully consider. Huge medical bills, on top of the typical expenses like college loans, mortgages, and car payments, can leave survivors concerned about their finances. Despite this, there…
