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 people worldwide experience memory problems and emphasizes the need for…
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 may be relying solely on Social Security and other government assistance…
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. The experts at Fidelity recommend having 10 times your salary…
Aging doesn’t always have its perks, but this list of discounts might add some pizzazz to the fact of getting older and help cut costs for retirees. Starting at age 50 (though AARP membership is open to anyone 18 or older), seniors…
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…
Setting aside enough money for retirement is not easy. If current events are affecting your retirement savings or you were behind to begin with, you may need to work longer,…
As retirement nears, many people make lists of possible places to spend their golden years. Some even look outside the country to take advantage of the currency exchange and other…
Waving goodbye to children leaving home can be highly emotional for parents. As difficult as it can be to get used to an empty nest, parents can look forward to…
Job hunting can be an ordeal no matter what your age. If you’re past 50, however, additional obstacles and annoying issues may lie in your career path — not the…
It happens to the best of us: We rent a house on a lake for a weekend and start dreaming of owning our own lake house one day. From relaxing…