by on December 24, 2022
Develop a budget: It's important to know how much money you have coming in and going out each month. This will help you make sure you have enough to cover your expenses and avoid overspending. Consider your sources of income: Make sure you have a clear understanding of all of your sources of income, including any pensions, Social Security, and investments. ...
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by on November 17, 2022
The retirement years are meant to be golden. By retirement age, you’ve likely worked for 40+ years, and you can finally relax, enjoy family, and visit friends. Unfortunately, staying financially stable, though, is often a challenge.   Working through these tasks will help you maintain financial stability when you retire: ...
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by on September 8, 2022
In 2005, I was stressed out. I was working more than 70 hours a week, and I’d begun to hate my job. One day I woke up and decided I’d had enough. I didn’t just need a new career—I needed a new life. I wanted to slow down and savor each day. I wanted to live in a cosmopolitan city like Miami—close to the beach, but with every modern comfort and amenity imaginable. I’d been to dozens of beautiful destinations in the Caribbean and beyond, but one place stood out above all the rest. And so I mov...
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by on August 29, 2022
Ah, retirement. Fun in the sun, golf and lemonade by the pool are the dream of every working person. While you’re welcome to retire anywhere you want, where you choose to retire can have a significant effect on your finances and retirement lifestyle.   The right state for your retirement will depend on your level and sources of income. Different states have different tax laws that can really make a difference in the amount of money you'll have left over in your pocket at the end of each mo...
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by on August 20, 2022
The threat of the Fed increasing interest rates has been going on for some time. An increase in the interest rate, also known as the federal funds rate, has one primary effect. Banks have to pay more to borrow money from the Fed. That’s it. However, this effect leads to several other effects. When banks pay more to borrow money, everyone has to pay more to borrow money. This includes businesses. It also becomes more expensive for consumers to use credit, such as credit cards. Overall, busine...
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by on March 28, 2022
Everyone wishes they had started saving for retirement sooner. If you’re in this situation, the only way to catch up is to save more. Saving for retirement doesn’t have to be painful or challenging. There are many strategies to increase your savings each month without negatively affecting your lifestyle.   Try these easy strategies to increase your retirement savings: ...
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by on March 14, 2022
                                    <h1>Despite Seniors’ Strong Desire to Age in Place, the Village Model Remains a Boutique Option</h1> <div>    <span class="byline">Judith Graham</span>         <time class="posted-on" datetime="2022-03-14T05:00:00-04:00">             March 14, 2022        </time>         </div> ...
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by on November 11, 2021
The IRS has announced its annual retirement contribution and benefits limits for 2022, and it’s a mostly positive picture for future retirees.   401(k)s and Beyond ...
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by on August 16, 2021
International Living Postcards—Your Daily Escape Monday, 16 August, 2021 Dear International Living Postcards Reader, ...
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by on August 15, 2021
A month-long stay in an Italian villa...a winter spent in the Caribbean sun...gourmet dinners out...your own housekeeper and gardener... You don’t need to be wealthy to enjoy “rich man” luxuries in retirement...you just need to know the shortcuts. Dear International Living Reader, ...
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by on July 30, 2021
To avoid fraud and financial abuse, consider planning ahead for your financial future or helping a loved one who is starting to lose the ability to manage their money or property. “Diminished financial capacity” is a term used to describe a decline in a person’s ability to manage money and financial assets to serve his or her best interests, including the inability to understand the consequences of investment decisions. While the inability to manage one’s money is clearly a problem in itse...
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by on July 11, 2021
You only have so much time in life, and hesitation is the enemy of accomplishment. I once saw a quote that said, "You rarely regret the things you did in life, just the things you didn't do". So it didn't come as much of a surprise when, a few years ago, the sentence, "It's time for another adventure before I have to start wearing a diaper," popped out of my mouth. Both my wife and I are "why not?" people. Right out of university my wife, Sharon, climbed on a plane, flew north to Iqaluit, ...
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