Entrepreneurs who work at H Street Greenhouse in Washington, D.C. Kerry Hannon Question: Are business co-working spaces for midlife entrepreneurs taking off? Answer: Not yet. But… stay tuned. Here’s why: In Washington, D.C., something called the H Street Greenhouse is developing a model boutique co-working space for midlife entrepreneurs that offers a tantalizing alternative to
Retirement
Gov. J.B. Pritzker signs the state budget and legislation related to a graduated income tax in … [+] Illinois, during a bill signing Wednesday, June 5, 2019 at the Thompson Center in Chicago. (AP Photo/Amr Alfiky) ASSOCIATED PRESS Which matters more: Providing the necessary funding for the intellectually disabled to be able to access group
The gig economy is here to stay. More than one-third of the American workforce is already part of this on-demand economy, and researchers predict these figures are likely to go up to 50% by 2027. Not only does the gig economy offer flexible work hours, but participants are at the liberty of choosing their clients
An intensified focus on elder financial abuse by federal and state agencies is being seen as a potential cause for the tripling of reports from financial institutions of suspected cases over the past six years to the Financial Crimes Financial Network (FinCEN). FinCEN is the Treasury Department’s anti-domestic and anti-international terrorism financing unit. Monthly Suspicious
Getty It is important to understand from the very outset how changing risks are primarily what separate retirement income planning from traditional wealth management. Retirees have less capacity for risk, as they become more vulnerable to a reduced standard of living when risks manifest. Those entering retirement are crossing the threshold into an entirely foreign
A concerned daughter with an older mom called AgingParents.com for advice. “I’m worried about my mom’s driving” she said. I asked her about her concerns, which she said were that her mom loved driving a lot and drove to visit her from out of state several times a year. There was an upcoming trip planned.
WASHINGTON, D.C. – APRIL 14: Attendees rally on the West Front of the U.S. Capitol building with … [+] Teamsters Union retirees who traveled from across the country to voice their opposition to deep cuts to their pension benefits on April 14, 2016, in Washington, D.C. Thousands are facing massive pension cuts because of a
Getty Social capital is the practice of developing and maintaining positive, healthy relationships. Those relationships make up the social networks of people willing to help each other when necessary. Capital generally refers to assets, and social capital refers to the resources that are available to people because of their networks. Sociologists go much further in
Getty One of the biggest concerns Americans face nearing retirement: Will I run out of money? That’s why some people consider buying tax-deferred annuities — contracts where you plunk down a big chunk of money and an insurer guarantees to pay you back a set amount of money for life. But, as the new Friends
DERBYSHIRE, ENGLAND – NOVEMBER 25: Labour leader Jeremy Corbyn poses for a selfie with a WASPI … [+] (Women Against State Pension Inequality) campaigner in Renishaw on November 25, 2019 in Derbyshire, England. A day after Prime Minister Boris Johnson launched the Conservative manifesto, Jeremy Corbyn is expected to announce Labour’s housing policy. (Photo by
Getty How much do you need to save in order to retire? This is a very common question, and the answer sometimes gives people sticker shock. Fortunately, simply working a bit longer or taking a closer look at spending can make a very big difference. One rule heard often, for example, is that by 67
By M.E. Chidiac, Next Avenue Contributor Getty “Hello, this is Medicare calling. Your coverage is about to be cancelled.” This type of fraudulent call and others like it happen every day. According to AARP, Medicare fraud losses hit $60 billion in 2017 and continue to rise. And Medicare scammers seem to come out of the woodwork
null Getty Today we’re going to dive into a corner of the market where 6%+ dividends are everywhere. What’s more, the funds behind these payouts have crushed the S&P 500 for decades—even during the financial crisis. I’ll also introduce you to a specific fund that’s throwing off a 6.7% payout every month, and should be
The dramatic changes in lifestyle that results from retirement put many at risk of depression. And the go-to solution for those suffering from depression and anxiety are anti-depressants. But have we become too reliant on these medications? Just focusing on those 60 and older, about one in five are using anti-depressants today, and they’re now
Mixed messages coming from the stock and bond markets. Getty As we approach the end of the year and the decade, we have a significant divergence of opinion in the bond and stock markets about the economic conditions of the US and global economy. The bond market warning sirens had gone off earlier this year,
Getty Images We tend to think of buying a home as a mandatory part of the American dream. But despite the constant messaging telling us to buy, homeownership may be overrated. A lot of people who shop for homes would actually be better off renting. We tend to overlook the historical factors that made homeownership
Getty Once again, the CDC has released figures on the fertility rate in the United States. Once again, the figures show an all-time low. In May, the CDC released its provisional 2018 rates, with a total fertility rate of 1.728 births per woman. On Wednesday, the CDC released its final rate, at 1.730, a decline
Inspirational speaker on stage Getty Recently I had the DIS-pleasure of sitting through an invitation-only panel discussion on a topic I was quite excited about. I was attending a very large conference focused on the senior housing industry. The meeting was billed as a state-of-technology breakfast and was sponsored by a company that develops creative
They are sobering statistics. According to the National Institute of Deafness and Other Communication Disorders (NIDCD) age is the strongest predictor of hearing loss among adults aged 20-69, with the greatest amount of hearing loss in the 60 to 69 age group. And nearly 25 percent of adults in America aged 65 to 74 and
When Sam Dogen, creator of the popular Financial Samurai blog, first stepped away from the job at 34, he imagined he had finished his days as a working stiff. He built passive income streams that would fund much of his life and he had received a nice severance from his day-job in order to make