If the name is not explicit enough, found money “refers to any amount of money that has been rediscovered after being forgotten about or abandoned by the rightful owner”(1). In other words, the money you end up getting when you least expect it, like an inheritance from a distant relative, an unexpected bonus, a government …
7 Best Things You Could Do With Your Found Money Read More »
Many people dream of quitting their 9 to 5 jobs and retiring early to pursue all sorts of activities like traveling, exploring their hobbies and passions, volunteering and so on. But there’s more to early retirement than meets the eye and not everyone has the financial freedom and means to do it. To help you …
Thinking of Retiring Early? These Real-Life Tips Can Help You Do Just That Read More »
Assisted Living vs. Nursing home: What is the difference? People often confuse assisted living facilities with nursing homes but the two are actually quite different. Assisted living communities provide care and assistance for seniors who can no longer live by themselves. These include everyday activities, assistance with medications, housekeeping, prepared meals, organized social activities and …
11 Essential Facts About Assisted Living You Need to Know Read More »
As you approach retirement, you’ll want to make sure everything is in order with your pension, 401(k)s/IRAs, Social Security, property, etc. and that you’ll have enough money to enjoy your golden years the way you deserve. But retirement is not only about money. Sure, it makes it all the more comfortable but, as many retirees …
7 Most Important Non-Financial Assets for a Fulfilled Retirement Read More »
There’s not a single worker in this world who hasn’t dreamed of retiring and leaving the 9 to 5 life. For some, it’s just a fantasy. For others, it’s an obsession. But just like with all things, there are advantages and disadvantages when it comes to retirement. You might be spending your mornings sipping on …
5 Compelling Reasons to Consider Retiring Later Than Planned Read More »
Maybe it’s the high cost of living, the need to remain active or simply professional pride and dignity. Whatever the reason, a growing number of seniors chose to postpone retirement and keep working. According to a recent study conducted by Provision Living, a Midwest company providing assistance to seniors, more than 20 percent of people …
25 US Cities With the Highest Percentages of Working Seniors Read More »
Whether Social Security benefits will be your key source of income in retirement or an important supplement to your retirement income, it’s important to know the ins and outs of Social Security in order to make the most of your benefits. That being said, here are 9 essential things that will help you optimize your benefits …
9 Social Security Secrets to Maximize Your Benefits in Retirement Read More »
For millions of Americans, Social Security is a major source of income, if not their primary one. Come the presidential elections in November, the program might suffer certain changes, not necessarily in favor of the beneficiaries, especially if President Trump gets reelected. Curious to know why? Then read on to find out six things that …
6 Things that Might Happen to Social Security if Trump Gets Reelected Read More »
Investing in rental properties is a popular and effective way to make passive income without affecting your main job. In fact, it can help you retire earlier (should you choose to do so), boost your retirement nest egg and achieve your financial goals faster. In order to enjoy the full benefits of a steady real …
6 Golden Rules to Generate Passive Income from Real Estate Investments Read More »
Flexible retirement If you want to make your transition from a full-time job to a comfortable and pleasant retirement, then “ripping off the band-aid” is not always the best way to do it. Working 40 or more hours per week and then abruptly stopping altogether will only make things more confused. To ease your way …
9 Easy Ways to Gradually Transition into Retirement Read More »
Your idea of ‘golden years’ might not reflect reality After long years of hard work, a hectic schedule and lots of stress, you’re undoubtedly waiting for the day to leave the workforce and just enjoy tour newfound freedom. But before you get too excited, you should “be prepared for the fact it’s not going to …
10 Retirement Myths You Need to Stop Believing Right Now Read More »
What’s not to like about retiring somewhere on or near the water? You get to enjoy the calming atmosphere, the spectacular water views and the myriad of outdoor activities such as boating, fishing, swimming, bird watching and the like. Unfortunately, that kind of lifestyle doesn’t come cheap. Luckily, we’ve rounded up a list of low-cost …
10 Low-Cost Waterfront Places for a Perfect Retirement Read More »
THE AGE OF VIRTUAL ASSISTANTS IS HERE If you think that smart devices such as Cortana, Alexa, and Google Home have been designed for the tech-savvy millennials, you’ll be surprised to know that mid-life and older Americans are also embracing the technology, maybe now more than ever. It’s no wonder that seniors have started accepting …
10 Ways These 3 Virtual Assistants Can Improve the Lives of Seniors Read More »
Age is just a number but when it comes to planning for your retirement, it’s certainly not a meaningless one. Your age plays a huge part in what benefits you can receive from Social Security and what strategies you need to adopt in order to avoid retirement account penalties. Next time you plan for retirement, …
10 Most Important Retirement Age Milestones You Need to Consider Read More »
Picture this: You’re on the beach, lying in the sun and sipping on a cocktail. Or maybe you’re in your cozy home, enjoying your newly discovered hobby, taking long morning walks and spending quality time with friends. If you’re constantly dreaming about retirement, you’re not the only one. But in order to make your retirement …
20 Smart Strategies to Boost Your Savings and Retire Rich Read More »
