Yes, we already know that growing older means you’ve accumulated a good deal of wisdom and entertaining stories (and a few bad jokes…thank Uncle Peter!!) However, on the flip side, there’s a sharp downside, too. What are the most annoying things about getting older? Dealing with illness financially and emotionally. The cost of healthcare can easily...Read More
Three weeks. That’s how long it’s been since my wife and I purchased our his and her cellphones. The first week we had a moment of weakness—similar to when the Democrats selected Hillary Clinton to be their candidate. I still don’t know what happened but we got so excited that before we knew it we were unpacking the cell phones from their box—it wa...Read More
Social Security is a tricky little entity. It’s a good one, we get steady monetary payments throughout retirement, but the details are somewhat elusive. For example, it’s difficult to budget your retirement if you don’t know how much you have to work with – what’s your monthly income? Social Security is an important lifestyle factor, so getting an ...Read More
Think you’re too old to embark on a business venture? Tom Chappell, of Tom’s of Maine fame, doesn’t think so. The 75 year-old sold off his all-natural dental line to Colgate in 2012 for a cool $100 million. Considering those details, the then 70 year-old could enjoy a very comfortable retirement. Instead, he’s embarked on a new venture, starting fr...Read More
Recently, Congress passed a new tax reform bill. Analysts at Ameriprise Financial have identified some areas that may affect taxpayers now and in the future. Tax rates and brackets The law reduces tax rates and adjusts income brackets for taxpayers, including individual filers and married couples filing jointly. However, the number of individual ta...Read More
We love our children. We want to support them and watch them grow into stable, happy adults. But sometimes adulthood gets stalled, financially. It’s a normal part of the foray into adulthood; high rent, low pay, high debt, low expendable cash. For your adult children, the trouble with starting out isn’t just learning to manage that paycheck, but to...Read More
Now that we’ve entered 2018 it’s the time of year that many people start thinking about improving their careers. After 50 this might mean upgrading from your current job, moving into a more passion-driven career or semi-retirement job, or returning to work after voluntary retirement or unemployment. Here’s the good news: this is the best time of y...Read More
Grandparents all over are learning that, when used without fear, technology can be an exciting bridge between generations. How to get started? Start by asking your grandchildren to show you what they like to do on the computers or smartphones.