Retirement

Baby Boomers are facing large scale homelessness, Congress was warned today. “Without serious attention and planning, we will have elderly paupers on our streets and in our parks in large numbers,” Dr. Joanne Lynn, policy analyst for the Program to Improve Elder Care at the Medicare and Medicaid consulting firm Altarum asserted. Her warning came

Getty It’s the rage of Europe. Some say it gives them an advantage over America. It may, however, shock you to know the truth behind negative interest rates and the damage they can wreak on “safe” investments. It was the tale of two luncheons. On Tuesday, November 12, 2019, the Economic Club of New York

Getty Most people have a broader and more robust digital life than they realize, and that digital life has to be integrated into their estate plans. If it isn’t, your heirs are likely to face a lot of inconvenience, anxiety and unnecessary costs. It’s possible part of your estate and legacy will be lost. It

Getty I was born in 1979. If my parents had invested $1,000 in a no-fee S&P 500 index fund, and had re-invested all dividends, the stake would have grown to be worth $80,601 on my 40th birthday. That’s a gain of 81 for 1. Meanwhile, a $1 million investment by the endowment at a college

Why would a 25-year-old medical student attend a summit on Alzheimer’s disease in the nation’s capital? And why is he thinking about dementia at all? Nihal Satyadev said he wants to change everyone’s perception of Alzheimer’s disease, and that includes young people. Members of his national endeavor—the Youth Movement Against Alzheimer’s (YMAA)—can be found in

Share to facebook Share to twitter Share to linkedin Confused About the 4 percent retirement income rule? Bruce Mars (Pexels.com) If you are nearing retirement or are already retired, chances are you’ve heard of the 4% rule for determining how much money you can withdraw from your portfolio in retirement. But what does the 4%

By Fred Riccardi, Medicare Rights Center President and Next Avenue Contributor Getty Beginning this year and continuing into 2020, Medicare Advantage plans (ones from private insurers) have increased flexibility to provide coverage for what the government calls supplemental benefits. These are services otherwise excluded by law from what’s known as Original Medicare coverage. And Medicare

Close up of a happy senior man using a laptop at home Getty I’m going to show you my favorite (perfectly legal) way to pay 0% tax on your dividend income. To show you the big savings this could mean, let’s look at two fictional investors who are nearing retirement: Jane and Janet. We’ll assume

The Real Reason Active Managers Underperform The S&P 500 Index stock.adobe.com While at Newark airport recently, I noticed an advertisement from an investment management company promoting “Emerging Market Alpha.” My reaction: the headline for this article.  You see, there was a time not long ago when phrases like “active management,” and the Greek/Wall Street language of

Getty One problem with those often depressing online calculators telling you how much you need to save for retirement is that they assume the traditional definition of retirement. You know, the one that figures you’ll stop working at 65 or so, full-stop. As the new episode of the Friends Talk Money podcast on personal finances

Getty This might be the most asked question I receive. My typical response to this question is there are as many good reasons as bad reasons to file early, and, there are as many good reasons as bad reasons to file later. This article is written for single people who have never been married and

Store for home improvement and DIY. Warehouse aisle of building materials in industiral store.… [+] Shallow DOF Getty Overall, REITs have been doing quite well for themselves this year – as evidenced by iREIT on Alpha’s stellar 2019 portfolio performances. I truly didn’t write this article to brag. But since I managed to bring this

Getty The Centers for Medicare & Medicaid Services has announced Medicare Part B premiums for 2020, and the base premium increases nearly 7% from $135.50 a month to $144.60 a month. That $9.10 monthly increase compares to a modest $1.50 monthly increase last year. Meanwhile high earners are still getting used to income-related surcharges that

How does a longer life expectancy affect your IRA? Getty IRA Required Minimum Distribution (RMD) math is complex and serious. Owners of IRAs must take a distribution starting no later than the April 1 of the year following the year the owner becomes age 70 ½. This number will likely change with the new SECURE Act

Sarah McKinney Gibson, Encore.org and Next Avenue Contributor Co-mentors Ashley Moy and Tonise Paul Cast21 Ageism happens to young people, too. Just ask Ashley S. Moy, 25, founder and CEO of the Chicago medical startup, Cast21, which provides waterproof cast and brace alternatives for patients with broken bones. “I’ve had people say, ‘Oh my gosh,

journey concept showing a man with robot looking at a new colony in the alien planet, digital art … [+] style, illustration painting Getty I’m not quite sure how I stumbled on the book The Year 2000 for the first time. My memory says this was in the library – but at the same time,

USA and China trade war concept, cargo freight containers with flag. Getty There’s a quiet shift happening in the market—and today I’m going to show you how to tap it for further gains. (And I’ll reveal a closed-end fund paying a safe 6.9% dividend, too). What’s more, this simple move will help insulate your nest

Getty In the realm of financial planning, there are numerous rules and guidelines which must be followed in order to stay clear of significant problems. Many times, once an error has been committed it can either not be unwound or it takes significant time and cost to rectify. One specific area where this holds especially

Getty It’s benefits season, and that means employees are making mistakes that will cost them in headaches and dollars. “You really have to sit down and pay attention to your benefits like you never had to before,” says Judith Wethall, an employee benefits lawyer with McDermott Will & Emery in Chicago. It’s complicated enough if

Tom Zitzmann Brave New Workshop is an improv theater in downtown Minneapolis. Several years ago, I participated in its 55+ improv class taught by theater veteran Jim Robinson. A dozen students and I went through classic improv exercises, including spinning a tale one sentence at a time by saying “yes, and” before adding to the