Well it's that time of year again. Time to make your New Year's resolutions and get things back on track. January is as good a month as any to get started on a more disciplined and fulfilling path. Getting physically and fiscally fit both require similar approaches. You need...
Gray divorce. Silver Splitter. Diamond Divorcee. They’re all names indicating a growing divorce rate among older couples. While overall divorce rates in the U.S. remained stable between 1990 and 2010, gray divorce, or divorce among spouses age 50 and older, doubled during the same time period. According to a study from Bowling Green State University,...
With the end of the year in sight, lots of plans are being made—what gifts to buy, what the menu will be, and how to shed the extra weight that will inevitably be acquired. But part of your holiday planning needs to include a year-end investment checkup so you...
It’s a name change, but a necessary one. What we’ve always called Retirement Planning is quickly becoming Longevity Planning as Americans live longer because of better lifestyles and improvements in medicine. My own family is a perfect example. My great-grandfather died when he was 65. My grandfather was 82 when...
Anyone 70 ½ years old or older with an IRA has discovered the pesky government requirement that forces you to take money out of your IRA whether you want to or not. The annual required minimum distribution is the government’s way of saying, “You haven’t paid taxes on your...
Once upon a time, in the kingdom of Noplann, there lived a group of people who thought they would live forever. They raised families. They had careers. But when it came to thinking about their demise, they just stuck their heads in the sand. To them, planning for their...