No You Won’t Need 2.5 Million to Retire
Q. I have worried myself silly about not having enough in retirement. I've been told that I would need roughly $2.5 million to even consider retirement. Here's our basic info. I'm 62; my wife is 60. I earn $125,000 and have contributed the maximum into Social Security for the past several years. I currently have $415,000 in my 401(k) plan, owe $72,000 on a mortgage ($225,000 value home), have $25,000 in IRA accounts, have $40,000 in passbook savings, and have $36,000 in a limited partnership. I'm in relatively good health but had bypass surgery 8 years ago. My wife has Type ...
The Benefits Of Walking
Walking is one of the simplest exercises that you can do. Many don't think of walking as an exercise because they do it all the time. After all, they're just walking. However, walking can become your favorite fitness program. Walking is an easy exercise program to start, which makes it the perfect choice for seniors. New reports say that to maintain a healthy level of fitness as we grow older, daily activity must include 60 minutes of physical activity. If you've been sedentary for a good number of years, this can be a frightening thought. Walking for one hour, even ...
A Healthy Lifestyle for the Prevention of Heart Disease
You can often have heart disease and not even know it, as often there may be either very vague symptoms or none at all. However, there are symptoms to be aware of that can indicate heart disease and potential heart attack. One of the most common symptoms of heart disease is what doctors refer to as angina. This can be chest pain but may also be commonly felt as discomfort, aching, heaviness, pressure or burning within the chest. It is important to be aware of your heart disease risk, as sometimes these feelings within the chest are thought to be ...
Health
Exercise Ideas For Seniors With Limited MobilityAs a senior, you may have to deal with a condition that leaves you dependent on others...
5 Things Seniors Should Know Before Beginning An Exercise Program
Physical activity is important – at every age. Getting started exercising doesn’t...
How Fitness In Seniors Can Fight Diabetes
One of the conditions that older adults are more susceptible to is diabetes. It can...
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Lifestyle
His Needs, Her Needs: Building an Affair-Proof Marriage
This book offers insight into what women and men find important in relationships...
The Coming Generational Storm
Laurence Kotiloff, professor of Economics at Boston College, one of the nation’s...
It’s Never Too Late…to Celebrate!
Last week two very important events shared the same day. One you probably heard a...
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Finance
Fraudulent Telephone Calls Allowing Fraudsters Access… to Consumer Financial and Brokerage Accounts The FBI Newark Division released a warning to consumers concerning a new scheme using telecommunications denial-of-service (TDoS) attacks. The FBI determined fraudsters compromised victim accounts and contacted financial institutions to change the victim profile information (i.e. email addresses,... [Read more of this review]
Weekly Social Security Q&A
Each week we publish Social Security questions and answers for our readers. Question: I have put off doing my taxes until now, and I just found out that I may have to pay federal taxes on part of my Social Security benefit. Is this true? Answer: If you file a federal tax return as an “individual” and your total income is more than $25,000,... [Read more of this review]
Weekly Social Security Q&A
Each week we publish Social Security questions and answers for our readers. Question: I am in my late forties and trying to set up a budget for my retirement. Does Social Security offer me an easy way to get a benefit estimate of my future payments? Can you recommend other resources to do this? Answer: A great place to start figuring out how much... [Read more of this review]
Weekly Social Security Q&A
Each week we publish Social Security questions and answers for our readers. Would it be better for me to begin receiving benefits early with a smaller monthly amount, or should I wait for a larger monthly amount later? The answer is highly personal and depends on a number of factors. This includes your current cash needs, your health and family longevity,... [Read more of this review]
Building Index Fund Portfolios on Different Platforms
The basic idea for Couch Potato investing is simple. Actually doing it, alas, isn’t as simple as we’d like it to be. There are even wrinkles to creating a portfolio at Vanguard, the mother lode of low-cost index funds. If you have an account at Fidelity, Schwab, TDAmeritrade or other firms, you’ll face different wrinkles. The main issue is... [Read more of this review]
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My Best Second Half Recommends
