One of the hardest jobs for a financial professional is getting people to think about retirement as more than an abstract concept. We all get so caught up in our immediate needs and short-term goals, it’s tough to push past the present. No one wants to think about getting old, and it doesn’t get any
If you’re like most people, you may find it pretty difficult to wrap your head around what your retirement will look like. It’s just this idea that’s hanging out there — a little exciting, a little scary, but not nearly as tangible as all the things that need your attention right now: your family, your
For some, the idea of retiring early is a dream nurtured over decades. For others, it’s the realization that they could walk away from their career right now and manage just fine. For still others, it comes as a virtual smack upside the head from a financial planner who asks why they’ve waited so long.
Medicare can cover most of your health care costs starting at age 65, but it leaves some big gaps: expensive deductibles and co-payments for hospital stays and doctor’s visits, and no coverage for prescription drugs. Most people supplement their Medicare coverage with a medigap plan and a Part D prescription-drug policy offered by private insurers.
“31 Days to Financial Independence” is an ongoing series that appears every Thursday on The Simple Dollar. You might want to start this series from the beginning! Last time, we put a capstone on our discussions of how to spend less money and how to earn more money by looking at how they come together
Football season is entering a critical stretch, and the thrilling nature of the games is boosting the sport’s popularity during this time of year. Have you ever watched a game and thought that the fourth quarter always seems to matter the most? As the game gets closer to the end, the pressure builds, and teams