If you’re 45 or 55 and you want to start retirement planning, don’t worry. You’re not alone, and you’re not out of options. Yes, it’s true you got a late start and have less runway than someone who started at 25, but in many cases, people your age earn more now than they ever have, and...

Most people who plan to retire choose where they want to live based on the weather or proximity to their family and friends. That may sound logical, but it’s not always the best choice for your bank account. Choosing places to retire might be the single most significant financial decision you’ll make after your career ends. However,...

Anyone who has inherited property, especially if they’re approaching retirement or already in it, knows it can be a blessing and a challenge. You may have a sentimental attachment to the property and be unsure of what to do with it. The potential financial implications and long-term commitments make the decision even more complex. Do you...

I talk to entrepreneurs and professionals in their 30s who lament they’ve “gotten so old” and run out of time to invest and retire at a younger age. Remember that financial planning in your 30s doesn’t have to be worrisome. You don’t need to start investing right out of college, and millions of Americans find their financial footing...

Retirement homes and assisted living centers are no longer the miserable accommodations of the past—no more stuffy buildings with single-room living quarters, bingo, and lousy food. Society, especially retired seniors, has modernized and become progressive, as have retirement communities. Many options are available to retirees today, and it’s essential to consider your options when deciding...

People’s lives are increasingly intertwined with digital platforms and online assets. Even if you might not realize it, you probably have a huge Internet footprint. Everything from your bank accounts to social media profiles holds value and contains essential information. The question is, what happens to all of your virtual assets during your golden years?...

The medical tourism market has grown significantly, with patients worldwide choosing to travel outside of their country for medical care, both necessary and elective. In the US, the government estimates that more than 150,000 Americans each year travel abroad seeking healthcare. One emerging segment within this sector is older patients who elect to get their care overseas. This trend toward medical...

Many Americans have used the reverse mortgage as a way to make retirement living more affordable. With the cost of healthcare and other living expenses dramatically rising in recent years, it’s no wonder that thousands of people choose this option. In 2022, a national survey of homeowners who had reached retirement age found that many had trouble covering...

I don’t usually talk about my parents in my writing, but in this case, it helps to bring up their story as a couple. Both my Mom and Dad were hardworking, but my mother had the job that paid more in our family. She worked at Pacific Bell for 30 years, while my Dad worked...

Retirement is a time of life we often associate with freedom, leisure, and the pursuit of dreams long postponed. However, it should also be a time when prudent financial planning takes center stage, especially when it comes to safeguarding your good health. While a long, happy retirement is something we’d all like, the truth is that as...