One out of every five older Americans are financial swindle victims
More than 7.3 million older Americans — one out of every five people over the age of 65 — have been victimized by a financial swindle, according to a new survey by Investor Protection Trust (IPT)
Retirees turn more attention to personal legacies
Life histories, ethical wills and video recordings are just some of the ways people are leaving their personal legacies for loved ones. Their use is becoming more common and small businesses are emerging to meet the demand.
Answers to pressing 401(k) questions
The stock market seems to have turned a corner and mutual funds are growing again. For 401(k) investors there’s an opportunity to regain some lost ground, but they’ll need to make some decisions. How do you make the right choices without taking on too much risk again?
Longevity insurance: Old-age money protection
Odds are growing that you’ll live past 85. But will your money last that long? And what if you make it to 95 or 100?
Five tips for singles to plan a secure retirement
Single people get left out of the picture a lot when it comes to retirement. Typically it’s smiling couples who are shown contemplating their sunset years in ads, brochures and magazines.
Reverse mortgages and the ‘Sandwich Generation’
By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Managing Director
781-724-6221/av@hhcp.org
Nope. I’m not talking about older peoples’ eating habits but the harsh reality of balancing...
How to avoid three common myths standing in the way of retirement security
By Joseph McManus, RICP®, Financial Planner, Prudential Advisors
Today, most of us expect to live longer, healthier and more active lives. How are you going...
Can young and old work together?
Put people of widely different ages together and there are bound to be differences. Baby boomers, for example, may be workaholics, while younger workers may demand more of a work-life balance.
7 resolutions for retirees in 2012
Retirees may be past the days of resolving to work out more or buy fewer $4 coffees. Yet when it comes to money in particular, resolutions may be even more important for those living on fixed income.
Combatting financial abuse
Just because the elder’s decision seems bad, doesn’t make it (the financial proposal) wrong or exploitative.