Retirement

Are you worried about how potential economic volatility in 2025 could impact your retirement income? If you’re retired or plan to retire in the next several months, you can help put your mind at ease by completing four planning tasks in the next several weeks. Here’s the economic backdrop that influences these tasks: Stock market

People often associate the entire realm of digital assets with Bitcoin or cryptocurrencies, but digital assets are much more than that. In fact, digital assets comprise all electronically stored pieces of information used and owned, ranging from emails, text messages, social media posts, self-recorded videos, photos, blogs, websites, downloaded videos, and songs, to art, NFTs,

By Mark A. Stein, Money & Policy Editor, Next Avenue By almost any measure, more Americans are in or are rapidly approaching retirement with more debt than at any time in the country’s history. At the end of the most recent quarter, people aged 70 and over owed a total of $1.63 trillion, according to

Throughout history, elders in cultures around the world were the ones who were responsible to think about the future, pass on their wisdom, and make critical decisions to positively impact future generations. The best example of this is the Seventh Generation Principle. Native American tribes believe in the idea that “our decisions today should consider

By Deborah Lynn Blumberg, Next Avenue Gerry Galewski of Milwaukee retired at age 69 after a 47-year career working in computer technology, most recently for a software development company. Galewski lasted six months before he got restless and “unretired,” taking a job stocking shelves at his local supermarket. “It was a way to keep me

Recently, I had the privilege and pleasure of meeting with Dr. Daniel Crosby, the author of several great books, including his newest, The Soul of Wealth. We met ostensibly to discuss the book, which we did, but he shared something else with me that is tangential to its themes, which was not explicitly mentioned. Whether

Many people are surprised and shocked when they learn what happens when retirement account owners neglect simple details about the tax code and their accounts. A review of some recent court cases brings the points home. The newest case involved the 401(k) of the late Jeffrey Rolison, who had worked at Procter & Gamble for

Charitable giving often isincluded in financial and estate plans, and this is the time of year when there’s an increased focus on giving. But many people don’t optimize the impact of their donations by developing a giving plan. Few people are deliberate and strategic in their charitable activities. Many gifts are one-off events that don’t

Last month, I was talking with a friend about his Medicare Advantage plan for 2025. He will begin taking a Tier 5 medication in January and wanted to know about the coverage and costs. I found that the drug would be covered and his costs would be capped at $2,000. He would probably meet that

Alzheimer’s disease impacts nearly 7 million Americans today, and over 11 million family caregivers shoulder the responsibility of caring for them. Despite its prevalence, families are often lost in knowing what to do to safely care for their loved ones. Here at AgingParents.com, a nurse-lawyer, psychologist team advising elders’ families, Alzheimer’s disease management is the