It’s no secret that the workplace has changed over the last few decades. Americans are working longer and retiring later. In fact, adults today are twice as likely as adults in 1985 to work after age 65. Often these adults are healthy, educated, and higher-earning white collar employees. Many people with blue-collar jobs are unable...
If you’re approaching 60, you already know how important it is to prepare for retirement. If you haven’t yet retired, you’ll also need to understand how your career and lifestyle will affect you post-retirement. Age 50, the middle of this range, marks the beginning of a great period for building wealth. Personal finance can be...
One of the best things about retirement is that it gives you free time to do the things you enjoy most. For many people, this includes traveling to places they didn’t have time or money to when they were younger. Maybe you’re someone who wants to enjoy more travel in your golden years. If that’s...
When you think about retirement security, you may worry about things outside of your control, like the stock market crashing. However, the biggest retirement threats almost always come from mistakes made during the planning process. Here are some of the best things you can do to protect your retirement. Make a backup plan. It’s ideal...
Some types of insurance are a necessity. Health insurance is one of them. And if you have a home and a car, you probably have some type of home or auto policy. Naturally, though, insurance doesn’t end there. All kinds of insurance policies have been developed to protect you from all kinds of things—from alien...
Debit cards are convenient to have. Unlike credit cards, you can’t accidentally go on a shopping spree and worry about paying later because the funds come directly out of your account. Unlike cash, you don’t have to worry about stopping at an ATM. You can just pull out your card, swipe, and be on your...
Social Security is one of the most flexible government programs available, giving seniors the ability to start collecting benefits as young as 62. However, the amount you collect varies with age. Since 62 isn’t considered full retirement age, your benefits can be cut. Waiting until full retirement age means you’ll get to collect even bigger...
For most people, eating out is a once-in-a-while treat. Even after a senior discount, it’s still expensive! Part of the reason for this is simply that restaurants are designed to get you to spend more money. Wait, what? That’s right, you read correctly—many restaurants are purposefully designed so that customers spend more money when they...
Groceries, toiletries, bills…there are things you probably spend money on every week. But just because you’re spending doesn’t mean you’re getting the best rate or saving as much as you could be. This is where savings and rewards programs come in. These can help you save on those unavoidable purchases. Earn cashback on purchases at...
You already know that some things just aren’t worth spending tons of money on. (And if you don’t, check out our list of items that are almost never worth splurging on.) However, that doesn’t mean there isn’t anything worth shelling out for. Check out some of the products experts do recommend spending a little extra...
