This generation of retirees is going to live longer than any in history. Today’s seniors are healthier, more active, and receiving better preventative care than ever before. On top of that, a growing group of scientists are trying to harness technology and modern medicine to slow down the aging process. Experts call the cumulative effect of these changes to life expectancy “the longevity effect.” They project that extending our years of healthy living can have tremendous benefits both to individuals and to society as a whole.
How are you going to get the best, most fulfilling life possible with the money you have once you retire? Many studies have shown that retirees who spend their time and money on experiences are much happier than those who just buy stuff. Charitable giving can be a particularly meaningful way to keep yourself active and put your assets to good use. Just as long as you don’t overdo it. If you’re feeling an increased desire to give back now that you’ve retired, here are some tips on balancing your good intentions with what’s best for you and your family.
According to the American College, 60% of business owners who responded in their study said that they had not met with a financial advisor. Few of them had developed a plan that would address future changes that might affect the business. Learn more!
Are you doing a good job with your retirement savings? That’s a big question that most people have when it comes to their money. Often we compare ourselves to others to see if we are on track.
Keeping good business records will not only help you stay in business but may also help you increase profits. Your business records let you analyze where your business is and where it’s going. They point out potential trouble spots and serve as a guide to where you want your business to be.
In a perfect world, both halves of a couple share the same investment goals and agree on the best way to try to reach them. It doesn’t always work that way, though; disagreements about money are often a source of friction between couples.
Even with all of your savvy college shopping and research about financial aid, college costs may still be prohibitive. At these prices, you expect you’ll need to make substantial financial sacrifices to send your child to college.
There are many reasons why people who could retire are hesitant to do so. Some people think they need to wait until they’re 65 or older. Some are worried about running out of money. Many parents want to keep supporting their children through some major life transition, like college, marriage, or buying a first home.
Parenthood may be one of the most rewarding experiences you’ll ever have. As you prepare for life with your baby, here are a few things you should think about.
If you are a woman thinking about starting your own business, you’ll need a sound plan, a little creativity, personal dedication, and probably some form of financial investment. Before you make the commitment to starting your own business, you’ll need to determine whether it’s the right move for you.