Retirement

Since the Great Resignation in 2021 when employees across industries quit their jobs in large numbers, private sector employers have begun revisiting their benefit offerings to align with current employee preferences. As cited in a recent JP Morgan Asset Management report, “Pension Defrost: Is it Time to reopen DB pension plans- or at least stop

Retirement planning is probably the most common topic that I get questions about, whether on our financial coaching line or our group workshops and webcasts. I find there are quite a few recurring myths that could be hurting people’s ability to plan properly for their retirement. Here are 10 of the ones I hear most

Few taxpayers were interested in or needed to know the “wash sale” rules, until recently. When stock prices rose steadily, the wash sale rules didn’t come into play. The rules matter only when investors sell stocks at losses. That’s why the wash sale rules have been more important since 2021. The wash sale rules were

We are accustomed to the utilization of equations in financial planning, and while most of those tend to be numerical, there are a growing number of formulas that apply to the utilization of our non-financial resources. These resources—such as our time, influence, energy, and relationships—can be as important as our money and can often be

Millions of Americans move abroad each year. If you’re considering being one of them, be sure to avoid the most-frequent financial mistakes of emigrating Americans. Though the politics of moving abroad attract a lot of headlines, only a small number of the four million or so U.S. citizens living abroad left for political reasons. Most

A friend called me for advice after getting this message from her dermatologist’s office. “As recommended by the Skin Cancer Foundation, we encourage all patients to schedule an annual skin exam. It has been more than one year since your last one. Please call to us today.” My friend wanted to know whether she should

Retirement planning is all about the numbers. Yet, there is one number most of us take for granted or don’t even consider. We are told that retirement is all about dollars and cents. How much money do we have to ensure our financial security? One financial services firm even had an advertising campaign where people

In 2019, before the pandemic, older adults constituted the lion’s share of the travel market. However, when Covid hit, that number plummeted. Because we knew early on that older adults were more vulnerable to this plague, many put their travel plans on hold. Fear, coupled with the freedom of choice that most older adults possess,

No matter how far you got in your education, or what you studied, chances are you never had a primer on how to manage aging parents in failing health. The exceptions are those who specifically pursued healthcare, geriatrics or a related field. For everyone else, it may feel like you are totally lost when it

The age-old question of philosophers and financial analysts is: Does more money increase happiness? For years, the consensus answer was: Yes, but only to a point. The landmark research on the issue found that happiness doesn’t increase much once a person’s income exceeds $75,000. That 2010 research was led by two Nobel Prize winners, Angus