According to the United States Department of Labor, less than half of America’s citizens have taken the time to figure out, let alone save up the amount of money they will need for their retirement, which is typically about 20 years in length.
For many young Americans, turning thirty represents a huge milestone; as people begin to live longer, the time that we’re “allowed” by society to remain footloose and fancy free has begun to extend well into our twenties. But alas, this prolonged adolescence can’t last forever. As we Millennials begin to approach age thirty, the pressure to get our lives in order starts to get dialed up. So if your days as a twenty-something are numbered, seriously think about taking these three important financial steps as soon as you can.
One Reverse Mortgage, the nation’s largest reverse-only provider of reverse mortgage home loans, announced the winners of its national sweepstakes called the $20,000 Boost Your Retirement Giveaway.
Reverse Mortgages are shrouded in confusion and misunderstanding. How does it work? Why is it reversed? What’s a mortgage? You should really know the answer to that last question, but i’ll help answer everything else in this week’s Know Your Mortgage: Reverse Mortgages.
What would you do if you received a $1,000 in tax refunds? Would you use it for something fun like taking a vacation or put it toward your retirement?
Increasing numbers of baby boomers are transforming their traditional retirement years with late-in-life employment. Here are a few tips for finding purposeful post-retirement jobs.
Most people are settling for a quarter (or less) of the income they could get from their bank accounts. Here are tips for getting the most out of your bank.
Is there anything better than free money? I don’t think so, either. You’re probably wondering how you could come across such a wonderful thing, right? The answer could be as simple as putting a little bit of each paycheck toward a retirement fund, such as a 401(k).
The thought of doing any activity other than something relaxing seems crazy to me. However, the truth seems to be retired people like to stay busy. With that, I give you another list: top physical activities for retirees. Check it out!
For new retirees with a lot of times on their hands, finding a part-time job is a possibility, although volunteering at local