Managing Money in Retirement

Being a family caregiver doesn’t only impact you physically, mentally, and emotionally – it can also hurt you financially. It is not uncommon for family caregivers to utilize their financial resources to care for their loved ones…

According to a recent GOBankingRates survey, 22% of respondents don’t think they’ll ever be able to retire, and 23% of Americans have nothing saved for their golden years. Do you belong to this 23% category? If so, then ask yourself another question…

After the passing of a loved one, you may discover that you’re receiving an inheritance. While you might be grateful for an influx of wealth, you may be anxious about how to utilize your inheritance properly. That’s why it is crucial to act slowly…

We are all worrying about prices and the cost of energy, aren’t we? We wonder how we will cope in the coming winter. But over the years I have found there are some simple ways to save money…

Inflation is a significant concern for retirees worried about the rising costs of necessities. According to a recent Global Atlantic Financial Group survey, 61% of retirees who invest assume that with low-interest rates and rising inflation…

Women who work longer than men continue to experience the gender wage gap when they retire. According to government statistics, women make 83 cents for every dollar men earn. The annual difference in median wages grows to $10,435 as a result…

As full-time travelers, my husband and I get asked this question all the time, “How do you afford it?” Simple answer, we do it on a budget. When we decided that we wanted to travel around the world, at our own pace, whether this would take two years…

While we all have perspectives and beliefs and emotions tied up in our thoughts about money, bottom line (pun intended) is, money is just energy. It isn’t positive or negative, it isn’t good or bad, honorable or evil. It’s just energy…

With today’s complex tax rules, taxes in retirement can be a nightmare. Retirement accounts come with many tax traps that even the most careful investors may fail to see. Therefore, it shouldn’t be a shock that some retirees might be paying more taxes…

Women in their 60s are increasingly questioning if it makes sense to continue working. For a variety of reasons, including an increased focus on what’s most important in life, work is sliding down the list of priorities. With the help from stock…