Retirement

5 New Years’ Resolutions For Retirees

It’s always a good idea to revisit your retirement plans to see how you can make changes that can help you be more financially secure,

News Room News Room 6 Min Read

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

Did The Medicare Prescription Payment Plan’s Fix Make It Worse?

The Medicare Prescription Payment Plan (MPPP, M3P or MP3) will take effect January 1, 2025. It will allow those who

News Room News Room

Medicare Open Enrollment Is Full Of Surprises And Traps For Members

The start of the Medicare Open Enrollment Period revealed major changes in the availability of plans and pricing. The biggest

News Room News Room

The Power Of Death In Financial Life Planning

“Evaluating your life through the lens of your death is raw, powerful, and perhaps a bit scary,” writes author and

News Room News Room

My Trainer Thinks All His Mom Needs Is A Simple Will

Introduction So, I joined a new gym and am working with a personal trainer. During any workout trainers and clients

News Room News Room

Impacts Of Hurricanes And Floods Compound For The Most Vulnerable

This year’s hurricane season brought a stark reminder that nobody is safe from the traumatic impacts of severe weather. Hurricane

News Room News Room

Student Loans Fail To Help Too Many Older Borrowers

By Chris Farrell, Next Avenue Mention college and the conversation swiftly turns to student loans — with good reason. The

News Room News Room

Retirement Does Not Have To Be Spook Or Scary

With October in full swing many people are grabbing their favorite pumpkin-spiced drink and re-watching their favorite horror movies featuring

News Room News Room

A Retired Sailors Documentary Helped Change Young Filmmakers’ Lives

By Vanessa Infanzon, Next Avenue In 2001, a YMCA in Brooklyn hired a husband-and-wife team of television producers, Stephanie Walter

News Room News Room

Harris Would Create A New Medicare Benefit For Long-Term Care

Democratic presidential candidate Kamala Harris has backed an earth-shattering idea: For the first time, traditional Medicare would pay for personal

News Room News Room

How To Find Out If You Have Missing Money

By Kerri Fivecoat-Campbell, Next Avenue A friend with whom I had previously worked with instant-messaged me on Facebook a couple

News Room News Room

3 Things Money Can’t Buy—Naval Ravikant

Have you heard of Naval Ravikant? He’s a famed early-stage investor who’s become one of the most rabidly quoted for

News Room News Room

10 Financial Tips For Widows And Widowers

By Lucy Lazarony, Next Avenue Kathi Balasek was still grieving for her late husband when she decided to buy a

News Room News Room

Should An Adult Child Get Paid For Caring For An Aging Parent?

Attitudes about the obligation to provide care for an aging parent in failing health vary. In some families, there is

News Room News Room

The Need For Financial Literacy

The golden years are something to anticipate. Life is expected to become easier and less complicated with time for family,

News Room News Room

Three Ways To Save More When You’re Self-Employed

The self-employed have the potential to earn more, and build wealth faster than a traditional employee, if their business allows.

News Room News Room

2025 Drug Plan Premiums: Under Control But In Flux

One of the goals of the Inflation Reduction Act is to lower drug costs for Medicare beneficiaries. The biggest step

News Room News Room

Financial Fraud Targeting Aging Parents Is Organized Crime

This month, the U.S. Senate’s Special Committee On Aging held a hearing to address elder financial fraud. It is entitled

News Room News Room

7 Tips To Prepare For Your Upcoming Retirement

Surprisingly, many retirees return to work for reasons other than finances. According to T. Rowe Price’s recent, Retirement: Saving and

News Room News Room