The Great Recession has hit many baby boomers hard. They’re dealing with depressed retirement porfolios and homes values, plus layoffs. As a result, more baby boomers are ill-prepared for retirement is. If you’re a boomer who wants to retire, here are 10 steps to take to prepare for the transition.
Are you confused by your financial situation, but afraid you don’t have enough to merit seeking professional financial advice? Think again. It’s not all how much you have, but what else is going on in your life.
When it comes to financial planning, there’s never a better time to set up good habits than when you start your first job. You’ll have the power of time on your side and you’ll create a routine that will be easy to maintain as you get older and earn more.
If you have dependents, you need life insurance. This is doubly true if you have a medical condition, but can be daunting, considering the extra cost. Don’t despair. Here’s five things you should know as you search for a policy you can afford.
How do you know when you’re finanically fit enough to start making charitable donations? And once you get to that point, what do you need to know about giving away money? Here’s some pointers for those who are feeling their first philanthropic urges.
It ain’t all about love. As couples get older and their lives more complicated, they often choose to postpone or forgo subsequent marriages, regardless of their feelings toward their romantic partner, since being legally married often comes with a financial slap.