Financial Articles

We're riding the wave of a longevity revolution, and for women, it means potentially facing some unique challenges in retirement.

We are in the midst of our country’s biggest wealth transfer ever. Americans aged 70 and older now hold 27 percent of all U.S. wealth, and they’re beginning to pass it on.

Throughout our working years, we strive for success to meet deadlines, get promotions and advance our careers. However, upon entering retirement, the paradigm shifts.

Retirement portfolio risk is a complex topic, and one of my favorite financial experts, Michael Kitces, is revealing why.

Humans are imperfect. We make mistakes, miss the mark, and often, let emotions get the best of us. This happens in our financial life too, but rest assured, it’s all part of the process.

Wondering if you’ll need long-term care in retirement? A new study by the Center for Retirement Research at Boston College reports that at a high level, about a quarter of retirees will require long-term care, while 20 percent will not.

We often refer to retirement as a transition you make. Being “retired” isn’t your identity, and doesn’t define who you are as a person, because in this part of life, you have the opportunity to truly live out your purpose.

Which accounts do you pull from first when it comes to your retirement income stream? It’s a question many retirees stress over, but in the grand scheme of things, might not be worth all the worry.

You’re most certainly aware of the general role life insurance plays throughout your working years, but when it comes to your financial and retirement plan, its capabilities span wide.

Despite what many might believe, depression and aging don’t go hand-in-hand. In fact, the Centers for Disease Control and Prevention state 18.4 percent of Americans aged 65 and older suffer from some form of depression, which is less than the 21 percent of Americans aged 18 to 29.

Is there such a thing as keeping too close of a watch on your portfolio? Perhaps, especially if you find yourself checking on investments daily, or even multiple times a day.

When it comes to clearing out those files in your cabinet, knowing what should be kept on hand and what can be shredded isn’t always clear-cut. To add to the confusion, some documents need to remain in physical copy form, while others can be scanned and kept in digital copy form.