retirement

What are your retirement goals? Picking up a new hobby? Spending time with grandchildren? Taking the globe by storm and going on extended vacations you never had time for before? Summering in Maine and wintering in Florida? However you plan to reshape your life once you retire, if you plan on...

Ford Motor Company (NYSE: F) announced today that it will be switching to “mark-to-market” accounting for its pension and retiree-benefit plans. While accounting nuances may not the optimal source of earnings growth, the move will likely have a meaningfully positive impact on Ford...

If you are among those planning to retire in the New Year, there are a few things you should know now. While it is impossible to determine exactly how many people will retire in any given year, it is possible to note trends across the aging demographics. Although the average age of retirement...

After months of speculation, the Federal Reserve made a decision last week to raise interest rates for the first time in almost a decade. While the initial rate hike is very small, at just 25 basis points, the move in and of itself has many investors concerned over the subsequent consequences....

As it's been said countless times, even the smallest savings can have a significant impact over an extended period of time. Whether it's putting aside a dollar a day and investing that $30 once a month or cutting costs throughout your budget, the little efforts will pay off. With the correct...

Most Americans will experience a psychological event sometime between their late thirties and late fifties where, due to both physical/mental changes and environmental transitions, a sense of instability or unrest settles in. Unaffectionately called the "Midlife Crisis," this phenomenon...

The image of Thanksgiving has begun to shift within the last few decades. The construction-paper clad school children parading as pilgrims and Native Americans may remain as staples of the holiday, and turkey and stuffing are unlikely to disappear from the family table. However, with the...

When it comes to retirement, saving is key. Many people save in the years leading up to their retirement in order to ensure that they can live out the rest of their days comfortably without depending on a salary. However, living on a finite amount of money can be daunting, making budgeting during...

Regardless of where you are in the personal retirement budgeting journey, one thing remains constant: You have an incalculable amount of control over how your retirement years play out. Whether you are looking to spend the years after your 65th birthday in "traditional" retirement...

Budgeting is often handled as a one-and-done practice, with all of the outlining and planning taking place only once. This prevailing notion overlooks how transient life is. With every passing day, your life changes – if you do not expect to be the same person you were 10 years ago, why...

So, you've been saving for retirement throughout your employment years, taken advantage of matching programs, have a healthy and robust 401(k) or Roth IRA, and feel confident that you will be prepared when your traditional income ceases. You've considered the changing expenses you may...

Credit is like muscle – the more efficiently you use it, the better it is; the more you abuse it, the more you lose it. And unfortunately, there is a misconception that if your credit is bad once you retire, you are financially sunk. However, that is not the case. While it may seem...

When it comes time to retire, one of the biggest considerations is whether to downsize and how to best preserve one's wealth for the remaining years. Things like climate, community atmosphere and healthcare are also important considerations when it comes to choosing a retirement location. While...