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PERSONAL FINANCE
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
After Fifty Living, the premiere boomer and after-fifty destination
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PERSONAL FINANCE
Consider an  immediate annuity  for retirement image
When you retire, you have the option of using some of the assets in your 401(k) plan to purchase an immediate fixed annuity to provide a steady income.
Now some employers are offering an annuity within their 401(k) that protects ... more
 
Boomers need to act now to erase money fears image
When it comes to retirement, many of us are running scared. One of the biggest fears is that we'll live long enough to run out of money, according to a survey by Merrill Edge.
Financial adviser Philip Rousseaux says the ... more
 
Tips for helping friends and family with money problems image
When loved ones struggle with finances, it's natural to want to help. However, sometimes it's difficult to provide assistance without straining a relationship or compromising one's own financial well-being.
"The economy may be getting better, but many consumers are ... more
 
Money  What s It Good For  image
From the moment we can understand language, we’re presented with conflicting views about money. On one hand, it makes the world go ’round, and on the other, it’s the root of all evil. If we love money, we’re greedy; if ... more
 
If you don t know what it is  don t invest in it 25 image
Somewhere between tee and green, the doctor in David Brady's foursome told the group that his broker had said he "needed a fracking play" in his portfolio, and that he had spread some money across a few different "fracking" stocks. ... more
 
Deciphering financial advisers  credentials 96 image
The lingering pain of the worst bear market since the Great Depression has caused more consumers to seek financial help. Unfortunately, the increased demand for professional advice resulted in a corresponding pickup in cases highlighting that anyone can claim to ... more
 
Adult  kids  need to learn financial independence image
I'm at the other end of the generational spectrum from a colleague, Amanda Lilly, who recently gave her fellow Millennials sound advice on how to establish financial independence with help from Mom and Dad. As the mother of three 20-something ... more
 
Lean times force many  boomerang kids  to return home 45 image
A word to parents: You may want to hold off on converting those empty bedrooms into offices and exercise spaces.
High unemployment and changing social norms are guiding young - and not-so-young - adults to move back home, new census data shows. ... more
 
The  How To s  of off shore accounts  First  Get a million image
Movie super spies James Bond and Jason Bourne use them. So do real-life presidential candidate Mitt Romney, who says he pays his taxes, and untold numbers of Americans who don't. Swiss banks and their secretive counterparts around the globe may ... more
 
Boomer women fear their financial future image
All Baby Boomers have had a bumpy ride during the Great Recession, but Boomer women are more worried about their financial future than are men.
As the Baby Boomer generation is growing older, 60% of women born 1946 to 1964 ... more
 
Home equity losses hitting retirees hard 93 image
Paul Trigili, an information technology professional in Las Vegas, is 65, has back problems and would like to retire at the end of the year. There's just one thing standing in his way: his house.
Trigili bought his home three ... more
 
Healthy choices  thanks to aging Boomers image
If you're a Baby Boomer, you may have noticed that your contemporaries aren't as spry as they used to be. Your favorite classic rock band's tour is being sponsored by Geritol. And everyone you knew from the Weather Underground is, ... more

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