Retirement

Losing employment is tough at any stage, but the impact can be especially severe for those nearing retirement. Individuals in their 50s often face complex financial demands—paying down mortgages, helping children through college, or caring for elderly family members. When layoffs strike at this stage, securing a new job with similar compensation and benefits becomes […]

The majority of Americans polled said that running out of money in retirement was their biggest fear, even more than dying. According to a recent Allianz Life study,* people nearing or in retirement are extremely concerned about economic uncertainty. Sixty-four percent of respondents said they are more concerned about running out of money in retirement

People’s goals often align as they get older. They want to stay in their own homes for as long as possible, preserving their independence, and rely on friends and relatives for help only when absolutely necessary. Aging in place is the concept of remaining in one’s own home throughout the aging process. Still, successfuly aging

Although the age to claim Medicare is 65, many senior benefits and discounts start considerably earlier. When you reach age 50, you can join AARP or AMAC and begin taking advantage of senior discounts. Other discounts out there have minimum age limits that vary by job or area and might range from 50 to 65

A prevalent source of anxiety among retirees is that they may outlive their retirement funds. As a result, many people are hesitant to squander their retirement savings. And it’s not surprising, given how poorly prepared many Americans are for retirement. You’ll regularly hear people in the financial services industry say exactly that. The average person

Taking out an extra $10,000 from your savings for a new roof may not seem like a big deal at the time. However, it all adds up. And plans to meet future costs may be disturbed. Every penny counts in retirement, so you should create a precise budget that addresses as many potential issues as

Many workers inadvertently leave behind their retirement plan accounts when switching to new jobs, and eventually forget about them completely. You may be pleased to know, a recently established federal basis should make the process of finding a lost retirement account simpler. At the end of May 2021, there were more than 24.3 million 401(k)

You may feel more stressed and busy around the holidays, especially if you have flights for Christmas or Thanksgiving planned. The following holiday travel tips might help your next vacation go more smoothly, whether you’re flying within the US to see family or friends or visiting Christmas markets over in Europe. Today, we’ll talk about

Traveling in retirement could be your golden ticket to a different type of freedom, one in which every day offers chances for fresh new experiences and opportunities to learn. Of course, if you are the kind of person who loves to travel, that is. It provides the chance to see new locations; choosing to visit

For many workers, retirement represents an ultimate goal: the day they can quit their job, go home, and never look back. But retirement doesn’t always go as planned, and a lot of seniors wish they hadn’t made the choices they did before they left their jobs. As retirement draws closer, there are a few things