Retirement
A Fun Way To Help Your Retirement Over The Holidays
The approaching holidays provide a great opportunity to gain valuable insights that will help you better plan your retirement. Instead of enduring awkward silences or…
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
Meet Retired Barbie – Pensions Without Patriarchy Are 30% Higher
Barbie, the megahit movie, has something for everyone (well, not quite, right wing men are fuming), but it needed to…
No Hope In Sight For Chicago’s Worst-In-The-Nation Pension Plans
Back on July 18, the Equable Institute released the 2023 version of its annual State of Pensions report, which means…
Born In 1951? Want To Undo Your RMD? Deadline Is September 30
If you were born in 1951, did you receive a required minimum distribution between January 1, 2023 and July 31,…
Here Are Three Financial Lessons From ‘Barbie,’ The Movie
Greta Gerwig’s Barbie movie continued its record-breaking run this weekend, racking up an additional $131.5 million in global box office…
To Retire Someday, When’s The Right Time To Start Investing?
With constantly changing regulations, a market that seems to be continuously in flux, and inflation driving costs up across the…
Inflation Insurance For Retirees: What Does It Cost?
You probably have a chunk of savings in Treasurys. Here’s how to size up conventional bonds, the inflation-protected ones and…
Can Overseas Property Help Limit Your U.S. Tax Liability?
Americans abroad are at a disadvantage when it comes to taxes because, unlike the majority of developed nations, the United…
3 Overseas Havens For Senior Digital Nomads
Digital nomads are a new generation of workers who aren’t tied to any specific location. And while the common image…
The “Live-To-100” Retirement Plan
Recently, I was surprised, pleased, and sobered that a few online calculators estimated I could live to age 100. I’m…
Can You Do Anything About Aging Parents’ Resistance To Change?
If you have an aging loved one in your life, you might see what we’re seeing in so many families…
Build Your Social Security Claiming Strategy – Don’t Guess, It May Cost YOU!
There are many articles written on the best and worst ways to claim your Social Security benefits. Should you claim…
Generation X On The Brink: The Stark Reality Of Their Grim Retirement Outlook
$40,000—That’s how much the typical Generation X household has saved for retirement. This number should set off alarm bells for…
What Is Observation Status And How Does It Affect Those On Medicare?
There was a voicemail waiting for me on Monday morning from Robert, a former client. “Diane, I’m in a panic.…
You Should Plan For A Long Retirement
I recently spent an afternoon estimating how long I might live, using a few life expectancy calculators. It was this…
Financial Wisdom From Rapper J. Cole
Financial foolishness is everywhere and easy to spot, but one of my favorite pastimes is finding financial wisdom where you…
Warn Aging Parents About More Fake Social Security Calls
Scammers will find a way to trick older people with the most underhanded schemes. Most older folks receive Social Security…
Social Security’s Finances: Reality Versus Common Misconceptions
Those paying close attention to Social Security will recall the latest trustees’ report detailing how the Social Security trust fund…
Taxes Make Exiting Your Family-Owned Business Difficult
The epitome of the American dream is to be a family-oriented entrepreneur who has created a successful business. Your company…