Affordable transportation is often a concern for senior citizens. Some seniors go without basics to make car payments they can’t afford for a car with little or no equity. Others need affordable replacement transportation but don’t have the income to finance a car. What are some options for these seniors? First let’s discuss options for […]
More than 70% of Americans fall short of the often-recommended level of emergency savings, according to a new Bankrate.com report. And many have no emergency savings at all. According to the report, 23% of Americans have no emergency savings whatsoever, while 22% have less than three months’ worth of expenses saved. 18% have enough to […]
You’re out of work, or miserable at your current job, when an opportunity opens up at your friend’s company. The good news is that you have an in, and a high likelihood of getting hired. The bad news, however, is that taking the job will result in a situation where you’re working for a friend […]
DECIDING WHEN TO RETIRE People have to make a lot of decisions around the time they retire. Many of those choices are irreversible and can have a dramatic impact on future comfort. If you withdraw too much money from your 401(k) or IRAs, for example, you could run out of cash before you run out […]
Millions of seniors rely on Medicare to provide health coverage in retirement. But more than half of Gen Xers today aren’t confident that Medicare will do the trick once they become eligible, according to new data from Ameriprise Financial. Consequently, many workers who are midway through their careers at present are worried about managing the […]
What you need to realize is that there are people out there who don’t hate their jobs. Actually, some people like their jobs. Can you imagine getting paid to work on something that you enjoy working on? With people that you like? At a salary that supports you? That could be you! But the first […]
The 2017 Stress in America™ Survey revealed that 62 percent of Americans reported money was a significant source of stress in their lives. This is nothing new. Work and money-related stressors have consistently topped this survey. Regardless of if we can say that money is the #1 source of stress these days or not, one […]
Saving for retirement takes an entire career, but even after you retire, there’s still more work to be done on the investing front. With many people living 20 to 30 years after they leave their careers, your money still has to work hard for you even during retirement. That’s why it’s critical to make sure […]
For better or worse, it’s natural for our lives to revolve around money to some degree. And while money is a source of satisfaction for many U.S. adults, it’s also a major stress inducer. A good 87% of Americans say nothing makes them happier or drives up their confidence levels than feeling financially secure, according […]
Social Security is a critical resource that tens of millions of seniors rely on when they hang up their work gloves for good. According to April 2018 data from the Social Security Administration, nearly 45 million seniors were netting a Social Security benefit, with close to 43 million of them receiving the retired worker benefit. […]
Many workers look forward to retirement and a chance to enjoy the laid-back, leisurely lifestyle a full-time job just doesn’t allow for. Unfortunately, the majority of workers today might have to wait a bit longer before bringing their careers to a close. Roughly 60% of Americans are very likely to work longer than they […]
Using rewards cards can be as simple or as complex as you want it to be. On the simple end of the spectrum are cash-back cards that yield straightforward rewards with steady and predictable values. Here are some of the best cash-back card offerings. None charges an annual fee. Citi Double Cash Mastercard: The card […]
