As you review your financial situation, there are a few things you should attend to: From social security to asset allocation techniques, this list will set you up for financial success from age 50 to beyond.
Now that you are on social security, the way you should file taxes has changed. Find out how to determine your gross income and learn about tax credits for senior citizens in this short article from The Street.
There are differing schools of thought on how the coronavirus is affecting — and could affect — the life settlement market. Shane McGonnell breaks down the possible effects of Covid-19 on the market and how it could affect selling one of your biggest assets, your life insurance policy.
Some individuals, for any number of reasons, reach retirement age without enough of a nest egg and now find themselves low on money. If you or a loved one does not have enough money to meet basic needs, you need to know about programs that can help.
Marjorie Jones trusted the man who called her to tell her she’d won a sweepstakes prize, saying she could collect the winnings once she paid the taxes and fees. After she wired the first payment, he and other callers kept adding conditions to convince her to send more money.
Sometimes you don’t realize the value of advice given until much later. This was exactly the case with my dad. He was a corporate trainer who loved his job but had difficulty leaving ‘work mode’ even at home. The best advice he ever gave me was…
The study, conducted by researches from the University of Massachusetts – Boston’s Center for Social and Demographic Research on Aging, suggest Vermont, New York and Massachusetts have the largest percentages of seniors at least 65 years of age who don’t have enough income to cover their basic needs.
Having a good estate plan requires the self-realization that we will not live forever. So given this fact, ask yourself “What will happen to all of my stuff, and who is going to take care of my overall well-being if I am not able?”
It’s not always easy to avoid scams. Criminals are tricky, aggressive, and they’ll say whatever they have to that will convince someone to hand over their hard-earned money. If one of these scoundrels rips you off, what will you do about it?
To choose a financial advisor that can set you up for financial success, you’ll want to choose one who truly understands what it means to be a fiduciary – and you’ll need to understand the term yourself.
Missouri resident Patricia Powers had no health insurance when she was diagnosed with cancer a few years ago; she and her disabled husband were struggling to get by on, at most, $1,500 a month. If they’d lived across the river in Illinois, she’d have been eligible for Medicaid.
At the point when friends and family reach their golden years, their physical well being isn’t the main thing in danger of breaking down. If their psychological well-being diminishes, they may experience difficulty dealing with their cash on an everyday basis, and could even wind up helpless against fraudulent activity.