With a tough economy making timely retirement less likely for many folks, retirement-related financial scams may be on the upswing. Here are five ways to know if you are being played.
Brought to you by
Retirement
Want to Retire Early? It’s Not About Making More Money
Like happiness, retirement readiness doesn’t have all that much to do with how much you earn. It’s more about what you do with what you have.
Giving Season: Signs of Relief for Struggling Nonprofits
The giving season is just around the corner, and things are finally looking up for nonprofits that have struggled to raise funds during the recession.
The Tragic Bungling of a ‘Class’ Act
Long-term care insurance for the masses came and went without much notice. Last week, the Obama administration quietly abandoned the CLASS Act, a provision slipped into health care reform two years ago that would have ensured …
News Flash: Longer Lives Require More Retirement Savings
Pre-retirees finally seem to be coming to grips with the financial strain caused by increased longevity. Here’s what they are doing about it.
Dividend Stocks for Income? Not So Fast
The furious search for an income stream in this low-rate environment is leading many retirees down a deceivingly risky path, and it’s not working out all that well.
Forget Prince Charming: Why Economic Education Is A Worldwide Imperative
As the severity of this recession sinks in, the call grows louder for a serious plan to help people help themselves when it comes to their finances. After all, things won’t get much better anytime soon.
The Latest Retirement Strategy: Become A Landlord
With interest rates at historic low levels, an adequate retirement-income stream has become difficult or expensive to secure. Increasingly, baby boomers say they will count on rental income to fill gaps.
Save for Retirement or Pay Tuition? Most Parents Are Making the Wrong Choice
With all the hand wringing over the high cost of college and amid an increasingly loud debate as to whether the expense is worth it, parents by a wide margin see saving for tuition as equally or more important than saving for retirement.
They’re Just Not Making Retirement Like They Used To
As many Baby Boomers approach traditional retirement age, they’ve had plenty of time to watch their parents’ generation enjoy the golden years in style—with ample travel and leisure and a minimum of financial worries. Many …
Rethinking the Role of a Fixed Annuity
With interest rates at historic lows, retirement income has become difficult to secure and now planners and retirees are even rethinking the role of the venerable annuity, which has long been a stalwart source of monthly income.
The plain truth is that unless you have boatloads of cash simple annuities alone won’t get the job done.
Why You Should Get a Tax Credit for Volunteer Work
With millions of people down on their luck the past three years, older folks have filled big voids and provided real economic value through volunteerism. Now we’re going to slash their benefits?