How Much Life Insurance Do I Need? – Typical Coverage Amounts
You need to understand common reasons to purchase life insurance, approximate guidelines on how to approach life insurance as your family changes, and how to calculate how much you need.
Survey: Unequal Access to the Stock Market Widens Wealth Gap
It’s one of the biggest socioeconomic questions in the United States today: Why is inequality rising? We recently surveyed Americans to learn more about the role the stock market plays in wealth inequality. Are those at the bottom investing? What challenges prevent people from investing more? Are Americans on track for retirement?
Money Crashers To Save The Day
Retirement communities aren't what they used to be. Today, there is a much broader definition and a continuum of possibilities, which includes not only nursing home care and assisted living, but also independent living retirement communities. Many of them include rich social opportunities, a variety of activities, and even increased freedom, all of which make retirement in a community feel like the beginning of a new adventure rather than an end.
Investing in IPOs With 20/20 Hindsight: Catching the Big-Wave Opportunity
Here’s a closer look at some of the investments that have made big waves to date and what you can learn from their examples.
Wildfire Season: How to Prepare and Protect Your Family, Home & Assets
There are over 40,000 wildfires each year across the U.S. It’s essential to prepare now so that you, your family, and your home have a better chance of surviving if you find yourselves in the path of a wildfire. Here’s what you need to know.
Solo 401(k): A Retirement Plan for the Self-Employed Individual - Rules
Every few months, it seems, yet another study comes out warning that Americans aren’t saving enough for retirement. Fortunately, there’s another retirement option for self-employed people that’s not as well-known: the solo 401(k). Read on to learn more about this great plan.
20 Jobs That Provide Free Housing
If you’re sick of blowing between a quarter and half of your income on housing and you’re open to a career change, here are 20 jobs that provide free or subsidized housing.
Aging in Place - Costs to Consider & Tips to Save Money
The United States is aging, and fast. With roughly 10,000 Americans turning 65 every day, we will have more seniors (those over 65) than children (those under 18) by 2035. Fortunately, it’s easier than ever to age in place. If you or your parents are worried about the costs and logistics of aging in place, try these tips to do it on a budget without sacrificing safety or quality of life.
10 Inexpensive Countries Where $2,000/Month Buys the Good Life
Retiring overseas is no longer a fringe movement. It’s become mainstream, with 21.3% of Americans planning on it, according to a survey by Provision Living. Anyone who’s ever switched to a single-income household knows how possible it is to cut spending. If you’re open to adventure and an international lifestyle, you can exponentially accelerate your savings by moving overseas, without sacrificing quality of life.
How to Maximize Your Savings Rate - 12 Tips to Save More Money
It’s an answer no one really wants to hear: You have to live far, far below your means and save it. You have to maximize your savings rate, the percentage of your net income that you put toward savings and investments.
How Older Employees Can Protect Against Layoffs & Forced Retirement
How do you protect yourself and your retirement against the growing odds of career derailment as an older adult? Here are three types of security to prioritize, and how to build upon each as an older worker.
10 Personal Development Lessons I’ve Learned From 200 Hours of Audiobooks
Here are 10 of those recurring themes, along with scientific research to back them up, and specific actions you can take today to start seeing real results in your finances and in your life.
Free & Cheap College Classes for Senior Citizens (By State & University)
If you’re still not sure how you want to spend your retirement, here’s one option you may not have considered: Take advantage of your golden years to go back to school. Many colleges across the country offer cheap or even free classes for senior citizens. Here is a look at some of the many opportunities you can find across the country.
Sequence of Returns Risk - How It Can Make or Break Your Retirement
Sequence risk, or sequence of returns risk, is the risk that the stock market crashes early in your retirement. Why does this matter, you may ask? Read to find out.
Safe Withdrawal Rates for Retirement - Does the 4% Rule Still Apply?
It’s hard to have a happy and comfortable retirement if you run out of money. To make sure your money doesn’t shuffle off this mortal coil before you do, here’s the lesson you never learned in school about how to plan your retirement savings and spending.