Over the next twenty years, roughly 79 million Americans will cross the threshold to retirement, joining the millions of folks that are already retired. Welcome to what we call “Generation R”. The Retirement Generation.
money
Aging in Place Interview With Viki Kind of Kind Ethics
I had the pleasure of being interviewed by Viki Kind of Kind Ethics this afternoon. Viki was a great host! We had several questions from callers and were able to provide a lot of practical information for people who want to plan to age in place or who are caring for an older parent. If […]
Holiday Spending Tips for Everyone
It’s no surprise that the Internet is brewing with tips and commentary about spending during the holidays; they are popping up like apples in a barrel. One in particular that comes to mind is from Jennifer Openshaw over at MarketWatch. Her common sense tips for managing your money over the holidays are some of most […]
Help for Making the Right Prescription Drug Plan Choice
Did you know that if you are on Medicare you are eligible for prescription coverage no matter what your health situation or how much money you have? What about those who are a very limited income? Did you know you could qualify for extra assistance with your prescriptions. These are just a few of the […]
When to Have the Money Talk With Your Parents
Too often, adult children have no idea of the state their parents financial affairs are in and parents aren’t usually prone to disclosing this type of information without some discussion. We’ve covered the difficulties of talking to elderly parents about money before, but it bears mentioning again. Talking openly with your parents before they are […]
Bankruptcy…the Last Option
Following up on a previous senior bankruptcy news item, we’ve found some additional (and helpful) more information about the state of older Americans and bankruptcy from the AARP. Many Americans are feeling the crunch with the slow down in the economy and increased costs. Americans age 55+ have experienced the sharpest percentage increase in bankruptcy […]
Saving Money in Our Current Economy
Many baby boomers and seniors are cutting back in order to make ends meet during these lean times we seem to be in. We all want to be able to make the most of our money, but we encourage you to take a good look at where you are spending your income so you can […]
Will 401K’s still work?
After the recent turbulence in the financial markets experts are questioning the impact to our 401K’s. Back in the 1980’s, the majority of workers enrolled in some type of retirement plan or were in a pension plan. Today, the majority are in a 401K. With the 401K’s being so tied to the stock market, Americans […]