Retirement is a time to enjoy and relax. But the question is where? Some people look for a place close to their family and friends, while others want good weather...
Everyone wants to retire and spend the rest of their lives in comfort and happiness. However, the harsh reality is that a comfortable retirement might take a lot of time...
Death is not something anyone likes to talk about, yet it's an unavoidable part of life and something you must prepare for, especially when you have people who depend on...
Everyone wants to retire and spend the rest of their lives in comfort without worrying about their finances. That dream is definitely achievable, but, to do that, you must prepare...
In 1972, Congress enacted the Supplemental Security Income (SSI) program to ensure that disabled and blind individuals, as well as low-income elderly persons, would have a minimum level of income....
One of the things you need to prepare for when you've reached your retirement age is your will. It is a document that lists all your properties and assets and...
Retiring from your profession is something that will happen sooner or later. When your hair becomes too gray, and you can no longer keep up with the amount of work...
One of the most significant and confusing parts of being an adult is planning for retirement. Retirement savings and concerns are regularly-talked about issues in the news, and, frankly, the...
If you are a retiree who did a good job planning for retirement, chances are you're sitting on a large nest egg and wondering how to make your money last...
It's no secret that retirement can be expensive. It's why we spend (or should spend) most of our productive life planning and preparing for it so it doesn't become a...
No one likes to think about the end, but when it comes to money, it's important to plan for retirement with a long-term mindset. Making your money last is something...
Choosing the best credit card can be a tough decision at any age. This is especially true when considering travel cards for retirement. While the right travel card can help...
Retirement looks pretty distant when you start your career until it's suddenly around the corner. Dedicating more than half of your life doing your dream job, pursuing your passion, or...
Though it's becoming increasingly common for people to retire later in life, some retirees find that they need or want to return to work. In addition, the pandemic has forced...
Retirement sometimes leaves a lot of time on your hands that you can use to pursue a hobby, a business idea, or anything that catches your fancy. Many people use...
Are you nearing or in retirement and feeling like you could be spending your money a bit more freely? You're not alone. Many people think they can spend freely in...
As you approach retirement, it's normal to start thinking about all the places you've always wanted to visit but never had the time or money for. After years of working...
For the self-employed, retirement planning can be a bit more complicated than for the rest of the population. They don't have the benefit of an employer-sponsored plan and an HR...
When planning for retirement, you must consider all the costs you'll be facing. Between healthcare costs, monthly bills, housing, travel and transportation, and other expenses, retirees often face a daunting...
When it comes time to choose a retirement community, there are many factors to consider. You need to start by deciding what you want and what you expect to get...
Choosing the right credit card as a senior or retiree can sometimes be tricky. There are many options available, and it's essential to find one that offers the best benefits...
When to annuitize an annuity is a question that many retirees and people saving for retirement face. After many years of saving and waiting to start reaping the benefits, you...
Annuities can be complex instruments. They can come in all shapes and forms, from immediate to deferred, from fixed to variable, from single life to joint life and everything in...
Now that you're retired, you're probably thinking, What's next? You could travel, spend time with family and friends, or take up a new hobby. But what if you're not ready...
Although very popular and quickly becoming mainstream, cryptocurrency is something that still seems to confuse many people. Throw in a new financial system made up of FinTech companies that provide...
Taxes can be a major burden for retirees and people saving for retirement, so choosing the right investment vehicle is essential. However, once you retire, one of the most important...
We recently wrote a piece showing how much income you can expect to receive every month from different types of annuities, including fixed, immediate income annuities and deferred income annuities....
An annuity is a contract between an individual and an insurance company in which the individual pays a lump sum or series of payments to the insurance company in return...
If you're nearing retirement or are already retired, chances are you've considered purchasing an annuity. An annuity can provide a guaranteed stream of income for life, which can be appealing...