Money & Assets

Preventing Loneliness Boosts Mental and Physical Health Many seniors who live alone face challenges each day and one of the biggest is loneliness. For a senior who's homebound and living alone, depression and other medical issues are more apt to arise. Gaining access to transportation, connecting with local activities and making new friends are ways to remedy loneliness and turn...

Enjoy the Retirement of Your Dreams by Thinking Small Attitudes about home size evolve with age according to a 2017 Trulia survey on house size. While many millennials are wishing for more square footage, 36% of Baby Boomers are thinking about downsizing.The idea of a smaller home isn’t just about feeling cozier. When retirement rolls around, downsizing can help cut...

How Much Social Security You’re Entitled to Depends on Your Lifetime Wages and Other Factors When it comes to retirement, one thing on most people’s minds is how much Social Security they'll get when they finally get to stop working. The main factor in determining this value is the overall wages earned in a lifetime, starting back from when wages...

Choose a SIMPLE IRA Plan and Make Saving Easier When it comes to retirement savings, getting the most out of your hard-earned money is something to strive for. This starts with signing up for an account that takes the guesswork out of investing. A SIMPLE IRA does just that, especially if you work for a small business. Here’s why. What Exactly...

You Can Cruise the Seven Seas for Around $100 per Night Been spending time thinking about retirement? Even if everything’s all planned out, there's always something new or different that you hear someone else doing, rather than settling for staying at home or moving to a retirement community. One such option is retiring on a cruise ship. Many people are...

Take These Steps to Climb Your Way to a Higher ScoreLife continues changing after retirement. You may need to replace an older vehicle or purchase a new home. Big purchases like these require a healthy credit score. The goods news is that you can continue to boost your rating after retirement. By staying under the limits on credits cards, avoiding...

Freshen Up Your Money ManagementDisorganized finances could be costing you money. Whether it’s a messy system for keeping track of bill due dates or unawareness of how each paycheck is being spent, tidying up the budget is essential to staying on track. This is why spring cleaning isn’t just for the baseboards and ceiling fans. Now’s the perfect time to...

Discover Some Little Known Places That Offer Senior Discounts Getting the most bang for your buck is important, especially for seniors. Looking for ways to save some cash here and there? Start by exploring senior discounts. Most of these begin with an AARP membership and you can find them at restaurants, retail stores and entertainment venues nearby. Here are some...

5 Years Before Retirement Is the Key Time to Look Closely at Your Future By the time they retire, most people hope to have their mortgages paid off and enough money flowing in to pay the bills and then some. But life happens and there are several scenarios that could trigger a change in plans along the way. Five...

Skip Takeout in Favor of Delicious Packed Lunches When lunchtime hits during the busy workday, you want something delicious, filling and fast. Grabbing grub from a delectable deli or munching on chips and queso from a popular Mexican restaurant is tempting, but it can dwindle down the bank account. The good news is it’s still possible to have a delicious...