(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
If you’re a pet owner and considering moving to a retirement community, you will have more options than in years past. Roughly 75 percent of for-profit senior living residences accept pets. But finding the right fit at a retirement community for you an… Continue reading
After spending the past few years building Dream Forward, a financial firm selling 401(k) plans with the first artificial intelligence (AI) chatbot dedicated to retirement, we thought it would be interesting to track the most common questions we heard … Continue reading
The first half of the Trump administration is over, so it’s an opportune time to evaluate how older Americans have fared under the president’s policies over the past two years. As someone who reports and writes frequently (and without a political bias)… Continue reading
(The following is excerpted from Your Complete Guide to a Successful and Secure Retirement by Larry E. Swedroe and Kevin Grogan. Published by Harriman House. Copyright (c) 2019. All rights reserved. This book is available at all bookstores and online b… Continue reading