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
Is Transparency About Finances With Your Heirs A Good Idea Or Not?
Many financially comfortable older parents are urged to prepare their heirs to receive their inheritances. How will the adult children…
A 529 Savings Plan Change Might Spark Grandparents To Give More Money
By Richard Eisenberg, Next Avenue Giving your grandchild a new toy or game or clothes is nice. But helping pay…
What Is Dividend Investing?
For some investors, getting paid while they own a security, instead of just when they sell it, is a priority.…
Do Americans Really Need $4.3 Million To Retire?
Do you know how much you need to retire? It’s a question people ask themselves all the time. If you…
What Is Portfolio Income?
For most people, portfolio income is their pathway toward financial freedom. Money saved during the working years can be used…
For The First Time, Traditional Medicare Will Pay To Support Family Caregivers
The federal agency that operates Medicare, the Centers for Medicare and Medicaid Services (CMS), is finally recognizing what families have…
Apple Stock Dividend Analysis
In December 2018, you could buy a share of Apple (AAPL) for about $40, adjusted for the 2020 stock split.…
How Much Is Your Medicare Advantage Plan’s Free Dental Care Really Worth?
A friend texted me recently about his neighbor. “I am reaching out for Jerry. He has free dental through his…
The Hidden Benefit In Annuities
Annuity sales are soaring, but still only a minority of retirees own them. If more people were aware of one…
Trust’s Incorrect Tax Form Forfeited Large Tax Refund Claim: A Lesson For Trustees
Lesson To Learn So the moral of this tax tale is that you have to be careful about making sure…
Social Security’s Problems Cause Rush To Bad Decisions
Most Americans who aren’t yet receiving their Social Security retirement benefits plan to claim the benefits early, according to the…
Did You Get A Bill From Medicare For A Covid Test You Didn’t Order?
The Medicare scammers are at it again. They steal Medicare numbers, and send tests to beneficiaries’ homes. They then bill…
Principles Of Bond Portfolio Creation
In creating a bond portfolio, an investor normally aims to obtain high income, to preserve principal and possibly to earn…
What You Need To Know About The Recent IRS Guidance On IRAs
The IRS recently issued some short-term guidance on required minimum distributions for IRAs, especially inherited IRAs. The IRS isn’t ready…
Climate Change Worsens Natural Disasters Alongside Racial Inequality
Another summer, another stark reminder of the reality of climate change. Wildfires on Maui caused widespread destruction and the highest…
How To Build An Index Fund
What Are Index Funds? Index funds are a type of mutual fund or exchange-traded fund (ETF) that aims to replicate…
Nvidia Stock Earnings Forecast: What To Watch
Fabless chipmaker Nvidia (NVDA) will report results for its second quarter of fiscal year 2024 on August 23. This is…
Why Do So Few Doctors Want To Specialize In Caring For Older Adults?
You might think that the aging of the Baby Boom generation, with the Gen Xers following close behind, would make…