Advice is usually offered with good intentions, but times change, and it can become outdated. As a millennial, I have heard plenty of tips from baby boomers that are either no longer relevant or border on scolding rather than friendly…
You’re in your 60s, you’ve worked hard, saved, and planned for the future. And while you don’t have to keep pounding the pavement, you still have to manage your finances carefully. The pressure is on to protect your assets and…
Contemporary thought about getting older is changing, and more seniors are looking to stay in the workforce, be it in their longtime job, or in a second or third career. With inflation, working may be required to pay the bills.…
The decision on where to retire has never been more interesting. Based on shifting population demographics and revitalized downtowns in places off the beaten track, it’s eye-opening to see what some formerly underrated American towns can offer. Whether you’re an…
Looking for a little extra dough each month? It might not require getting a second job. Here are a few ways to make passive income, some with relatively little effort. Open a High-Yield Savings Account Seems a funny way to…
Medicare is the federal health insurance program for Americans 65 or older, and more than 66 million people use it for their health care. It can be a life-saver — literally — but just like health insurance for younger people,…
About 1 in 10 adults in the U.S. over age 65 had dementia, and 22% experienced cognitive impairment, according to a 2022 published study. That staggering statistic means more than 55 million…
As more baby boomers enter retirement, many find themselves grappling with the challenges of being able to live comfortably without savings or additional financial support. In fact, up to 40% of older Americans…
If you’re like most people, you look forward to retirement with a mix of excitement and dread, and if you’ve saved little for retirement, the latter can outweigh the former.…
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If you feel like everything costs an arm and a leg nowadays, you’re not imagining it. Expenses for housing, healthcare, and everyday necessities have skyrocketed in recent years — making planing…
Gen Z kids were born between 1997 and 2012, which means that as of 2023, the age range for Gen Z falls anywhere from 11 to 26 years old. Gen…
About 10,000 people retire daily, and that’s just going to accelerate through 2030, when every baby boomer will be over the age of 65. As the end of their earning…
It should go without saying that when the kids finally move out of the house, it’s not time to go on a shopping spree and burn through retirement funds. For…
Social transitions occur at several points in our lives. Leaving for college or military service, entering the workforce, changing careers, and geographic relocations can require the creation of new social…
After saving your entire adult life for retirement, you’re left to figure out what you do with the remaining years of your life. Do you stay put and stick to…
While there are many offbeat possibilities for retirees who want to skip retirement communities, some seniors are dusting off their passports and pulling up stakes to move abroad. It’s easy…
Social Security payments are the primary source of income for many retirees. About 60% of respondents to a 2022 survey conducted by the Federal Reserve Board indicated that their retirement…