As one of the 76 million people comprising the boomer generation, I find myself luxuriating in time I never had before. I am also proud to report I hold another title, that of a newly retired person of which we are nearly 42.5 million people, growing s… Continue reading
(The following excerpt is from Retirement Game-Changers: Strategies for a Healthy, Financially Secure, and Fulfilling Long Life, by Steve Vernon. Published by Rest-of-Life Communications. Copyright © 2018. All rights reserved. The book is available at … Continue reading
When my wife, Evelyne, and I got married 27 years ago, the absolute last thing on our minds was retirement. Fast forward 27 years, with me now 66 and Evelyne turning 56 in a few months, and retirement is fast-becoming one of the first things on our min… Continue reading
With more frequent spikes in market volatility, after nine years of a bull market — and the 2008-‘09 bear market a not-too-distant memory — it’s understandable to have your stomach churning and be asking…what’s next for the market? One thing we know is… Continue reading
(This is an excerpt from the book THE DUMB THINGS SMART PEOPLE DO WITH THEIR MONEY by Jill Schlesinger. Copyright © 2019 Jill Schlesinger. Reprinted by arrangement with Ballantine Books, an imprint and division of Penguin Random House LLC. All Rights R… Continue reading
The financial challenges women face to achieve financial security in retirement can be huge, as a Senate Special Committee on Aging hearing and an Employee Benefit Research Institute (EBRI) briefing last week demonstrated starkly. And with the rising c… Continue reading
(This article previously appeared on the Make Aging Work site.) A Certified Financial Planner friend of mine shared a story over breakfast recently. One of his long-standing clients — let’s call him Jack — who had fully retired six months earlier, cal… Continue reading
When Marsh Williams and his wife, Carol, of Columbus, Ohio, wanted to buy a low-maintenance home in 2013, they knew a condominium would let them travel without fretting about forgoing necessary yard work or exterior upkeep. The couple, both then 61, th… Continue reading
The reverse mortgage market has been in a state of flux ever since the U.S. government in 2017 reduced the amount borrowers age 62 and older can draw from their home equity for its Home Equity Conversion Mortgage (HECM) and raised that loan’s premiums…. Continue reading
During my working years, I paid for three independent financial planning sessions — the last after the 2008 financial collapse, to assess the damage. But only when my employer of 20 years wiped out my job in a budget cut in 2017 did I experience the re… Continue reading