You’re busy. I’m busy. Aren't we all busy? All our obligations often add up to crazy schedules and not enough down time. There are ways, however, to eliminate some of this busyness by simplifying our financial lives. Here are five tips to get you started:
Are you prepared to cover the cost of retiree healthcare? Many Americans aren't. According to Fidelity Investments’ projections, a 65-year-old couple retiring now would require $220,000 in today’s dollars to cover their health-care needs in retirement. Because of the considerable cost, it’s important that Americans approaching the retirement milestone understand what their options are.
It’s a new year to put your retirement plans in order. Regardless of what your age is, there are steps you can take to boost your chances of having a successful retirement. Here are some suggestions to get you on the right path:
One of the scary prospects about getting old is no longer being able to stay in your own home.
If you are currently enrolled in Medicare, the status quo can be your worst enemy.
About 95% of Medicare beneficiaries stick with the coverage that they already have. This, however, is not a smart approach because the prices and offerings can change annually.
To keep their nest eggs alive, millions of Americans, whether they know it or not, are following the advice of an unassuming number cruncher with an aeronautics degree from MIT, who is credited with figuring out how much money retirees can safely withdraw from their retirement accounts each year.
It can be fun daydreaming about what you are going to do once you retire.
The possibilities are endless: Travel the world. Play golf. Volunteer for one of your favorite causes. Spend lots of time with grandkids.
My husband and I recently finished paying for college.