Can you find happiness without giving up Social Security benefits? Millions of widowed and divorced baby boomers are finding love after loss and looking for guidance on how to update their financial plan to suit their new romantic status. According to financial writer Mary Beth Franklin, the good news is that surviving spouses have more claiming...
“So, who do I want to get my IRA? My spouse? My kids? But I don’t want to leave out the grandkids. Oh, I’ll just fill it in later.” You’d be surprised how often that mental conversation goes on when someone is looking at the beneficiary section of their IRA application. And for most,...
For the first time in U.S. history, more than 20% of retirement age workers are choosing to stay in the workforce. That’s more than double the number who made that decision in 1985, according to a new report from United Income. The reason is simple—they don’t have enough money. For...
Want to know how to be the best? Learn from the best. That’s what Lendingtree did when they looked at thousands of credit reports from people with a credit score of 801 or higher. They discovered some common financial threads among people with the best scores. On average, credit scores can range from a low...
Pick almost any part of life and wellness is part of the picture. People talk about it, research it, study it and try to apply it. The Center for Psychiatric Rehabilitation says there are eight dimensions of wellness—physical, social, spiritual, emotional, environmental, intellectual, occupational, and financial. But the last one, financial, seems to be the...
In 2019, professional baseball player Bryce Harper signed the largest free-agent deal in the history of North American sports up to that time—$330 million dollars to play for the Philadelphia Phillies for 13 years. He had similar offers from the Los Angeles Dodgers and the San Francisco Giants. But...
If you’re approaching that magic age of 65, some things are about to change and you’ve got thinking to do, especially when it comes to Medicare. There are four enrollment periods and if you miss deadlines there could be penalties that cost you money for the rest of your life. And wouldn’t you...