Well, it’s hard to hide from the news of the Fed and Treasury coming to the rescue of depositors of a failing bank. Silicon Valley Bank is the 20th largest bank in the United States of America and mainly serves the needs of startups and venture capital firms. And because of mismanaged risk and the […]
Admit it. You know we all love to read articles like these: They speak to our intense desire to compare our accumulation to those of everyone else. They speak to the hidden fear that we haven’t saved enough (or, for those who have done well, the hidden glee). Understandable? Of course! Human? Sure! Helpful? Not […]
The road to financial independence has its ups and downs. It depends on what you know but more on how you use the knowledge. Here are seven lessons to smooth your journey, so you will never have to worry about money again. I experienced financial hardship as an undergraduate and graduate student and then as […]
All right, let’s be honest personal finance can get complicated fast, and retirement planning is only one aspect. The question that we are going to answer in a moment is, can you have more than one Roth IRA? For those unfamiliar with what a Roth IRA is we’ll get more into details later, but essentially […]
What will you do when you retire? Learn 15 tips to find purpose in your golden years, enjoy each day, and remain happily retired for life. It’s finally happening. After decades of long hours and hard work, it’s time to hang up your hat and retire. You’ve been dreaming of this moment for as long […]
Ask an Advisor: I’m 83 and my wife passed away in 2019. I’m selling the house I lived in since 1977. What is the best thing to do with my money? – John Experiencing the loss of a loved one is never easy and in certain instances can alter the original onset of your initial […]
There are benefits to working after retirement, and not all about the money. Learn four non-financial reasons to keep working in retirement. Working through retirement may seem like an absurdly oxymoronic approach to one’s golden years, yet it’s becoming the norm. A clear majority of Americans are weighing up doing “post-work work,” according to a […]
PACE provides healthcare services to frail seniors not covered by Medicare. It’s an alternative that allows seniors to stay in their homes. One of the biggest Medicare myths is that the program covers long-term nursing care. But that’s not the case. Medicare only pays for short-term stays in a skilled nursing facility (SNF). If this […]
Planning for a “perpetual” retirement doesn’t require too much more than a “normal” retirement length. A few days ago, I read this interesting article by Mel Schlesinger titled “More Terrible Retirement Advice in the Headlines.” In the article he writes (among many other interesting and helpful nuggets), “Whether it is your family health history or […]