Retirement
Business Development For Financial Advisors: From Necessary Evil To Integrated Strategy
I’ve been in the financial advisory business for roughly 28 years—and for 28 of those years, I’ve had a challenging relationship with the notion of…
Your best advisor to finance and money management.
Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.
Latest News
American’s Retirement Savings Falls Short By Nearly $500,000
America’s retirement system is failing, reveals the new Fed Survey of Consumer Finances. True, retirement account balances are up from…
If You Like To Shop But Can’t Stop, Here’s How To Address Compulsive Shopping
By Barbra Williams Cosentino, Next Avenue The only time I was ever aware of shopping compulsively was at the beginning…
Social Security Rises In 2024, Offset By Inflation And Medicare
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 3.2% starting in January 2024,…
Inflation Can Be Bad For Your Health In Retirement
A new survey by the Nationwide Retirement Institute® confirms what many of us already suspected - inflation can be bad…
5 Joys And Challenges Of Living In 55-Plus Communities
By Nancy Collamer, Next Avenue My husband and I sold our Connecticut home in the fall of 2020. At the…
What About America’s $1.3 Trillion Retirement Crisis?
America’s retirement crisis could cost federal and state governments an estimated $1.3 trillion by 2040, according to recently released analysis…
A TIPS Ladder Can Boost The 4% Retirement Withdrawal Rule To 4.7%. Here’s How
Not long ago, investors had to pay the U.S. government for the privilege of owning Treasury Inflation-Protected Securities. The real…
For Those With Diabetes On Medicare Part D, Insulin Is $35…If It’s Covered
Open Enrollment began October 15, and I tackled one of our first reviews for a long-time client. Alicia has had…
5 Latin America Havens Where Couples Can Live Well On $2,000 A Month
Offering a wealth of lifestyle opportunities in an array of sun-drenched havens where the cost of living can be less…
Why A TIPS Ladder May Be A Retiree’s Best Friend
Not long ago investors had to pay the U.S. government for the privilege of owning TIPS. The real yields, that…
7 Simple Ways To Protect Yourself From Cyberattacks, According To An International Expert
The risks to our personal finances—and our very identity—posed by cybersecurity threats were scary enough before the machines started to…
Is Your Aging Parent Addicted To Alcohol Or Drugs?
It’s a widespread problem, not often in the spotlight: an elder who is dependent on drinking or drugs. The sad…
Move To Europe And Pay Low (Or Zero) Tax In These 4 Countries
Europe has a reputation for high taxes… but this isn’t always fair. In fact, there are many low-tax and even-no…
Most Boomers Missed This Retirement Strategy But Millennials Still Have Time
Fidelity Investments recently released its annual estimate of healthcare costs in retirement. The scary numbers indicate the average person older…
Prepare To Pay More: Medicare Part B Premium And Other Costs Are Going Up In 2024
The federal government recently released two important changes that are relevant to seniors. 2024 Part B premium Will Be $174.70…
The Inflation Reduction Act Has Made This Year’s Medicare Open Enrollment More Important Than Ever
Do an internet search on the Inflation Reduction Act. You’ll find several sites that mention deficit and carbon emissions reduction,…
The Real Meaning Of “Integrity” In Financial Planning
Some words get overused to the point that their true meaning is obscured. I’m pretty sure if we could scan…
Prepare To Pay More—Medicare Part B Premium And Other Costs Going Up In 2024
On October 12, 2023, there were two important press releases relevant to seniors. 2024 Part B Premium Will Be $174.70…