Retirement

At first glance, those of us who have been steadily socking away funds and dreaming of retirement in our fifties or sixties don’t hold much in common with those who plan for a FIRE retirement. Unfamiliar with FIRE? The Financial Independence/Retire Early movement has gained traction in recent years as more flexible working arrangements and

When it comes to retirement benefits for public sector workers, Alaska is an outlier state offering only 401(k)-style defined contribution (DC) benefits to its workers. Alaskans who deliver essential public services lack a defined benefit (DB) pension plan, and teachers do not even participate in Social Security. Not only are these workers at an extreme

In the landscape of wealth management, some elements are, for lack of a better term, sexier than others. Both financial planners and their clients are often drawn to more complex topics, especially those that seemingly pledge to make or save a lot of money. And while those strategies are valid, if not vital, for exploration,

Remote workers and retirees alike have flocked to scenic Spokane, driving up home prices. But the city is working through its growing pains. By Emily Mason, Forbes Staff Bruce Munholand spent 32 years working for the U.S. Army Corps of Engineers, mostly in Alaska, where he met his wife, Keri. His last posting was in

Forbes compared more than 800 locales in America on everything from housing costs and taxes to healthcare, air quality, crime and climate change and natural hazard risk. These are the top 25 cities for retirees. By William P. Barrett, Senior Contributor Barry and Susan Mendelson raised their two children in a century-old three-story, six-bedroom Prairie-style

Our elders love their independence, for the most part. Perhaps over time, their chronic health conditions start to erode their abilities to do some things independently. In the absence of a sudden event, like a fall, the slow decline in physical ability may not be obvious when family visit their loved ones. And at some

The daughter of a client called me because she was concerned about how much her mother paid for cataract surgery. She has a Medicare supplement, met her deductible and there shouldn’t be any bills. What is going on? As a nursing student, I cared for several cataract patients. They were admitted to the hospital and,

You may have heard that there’s an election coming up. And maybe you’re planning your own event – your retirement. Does one affect the other? Will the election affect your retirement planning? Trying to read the political tealeaves is rarely productive; still, there are some general considerations about the upcoming election that should factor into

Sunk cost, opportunity cost, and the endowment effect. You may expect these textbook-weight words to show up in the classroom. You may even imagine how understanding these concepts could help better explain corporate, institutional, or public policy matters—or at least your investment portfolio. But it’s harder to imagine utilizing them to make better decisions in

The author suggests that when it comes to retirement decisions, we may not be asking the right questions. As the Jodie Foster character in True Detective likes to say, “You’re not asking the right question.” Then for a successful retirement, what is the right question? It’s “Do the decisions I make now matter?” Clearly the