While you may have planned well in anticipation of your golden years, you may still want to learn how to generate extra income in retirement. Luckily, there are plenty of work from home job opportunities for retirees. No matter what skills you have, you can earn extra income by sharing your talents with the…
Everywhere we turn, we get our fair share of terrible advice. From your single, childless co-worker’s parenting advice to your broke next-door neighbor’s investment suggestions, it’s impossible to escape terrible advice from all angles. But when it comes to your financial well-being, it may be more of a challenge to decipher great advice from…
Aging brings forth a lot of uncertainties, especially if you’re single. While some may rely on their children or spouse to take care of them as they age, single retirees don’t have the same luxuries. Retirement planning for singles comes with its own set of complexities that married couples may not have to encounter.…
Want to know a troubling fact? Retiree health care costs are on the rise. In fact, couples retiring in 2019 will need about $285,000 in order to pay for health care costs alone. This number assumes the couple is eligible for Medicare. Medicare Part A and Part B will cover hospital stays, doctor visits, physical…
You pour your blood, sweat, and tears into every ounce of your business. Unfortunately, while many entrepreneurs are focusing on building their businesses, they forget to properly plan for retirement. When it comes to retirement planning, it’s often asked, “Should you use your business to fund your retirement?” Some entrepreneurs don’t participate in retirement planning.…
Costly Medicare mistakes are avoidable. With a little research and understanding of your options, you can make the best decision when it comes to selecting the right Medicare plan. Understanding these common Medicare missteps and taking action to avoid them is the best way to assure your retirement health care is fool proof. Having…
Health care is one of the most important pieces of your retirement planning puzzle. There are many assumptions about what the government offers and what retirees need to cover on their own. If you’re in the midst of planning for your retirement health care, here are 6 Medicare facts every retiree should know. Medicare…
When planning a vacation during retirement, it’s important to take into consideration your travel budget and financial capabilities. While many American’s choose to “charge” their trips with a mindset of paying off the debt at a later time, this isn’t a tactic that those in their golden years should capitalize on. Retirees should know exactly…
Everyone has a different idea of what their retirement fairy tale looks like. For you, it may mean spending more time with your loved ones, taking up a new hobby, or finally checking off items on your bucket list. Perhaps it means transitioning from your career into launching a new business. Whatever it means to…