Getting old doesn’t spell doom when it comes to making important financial decisions, a team of researchers led by a University of California, Riverside assistant professor report in a just published paper.
Almost 60 percent of individual retirement account (IRA) owners had their savings in an “extreme” investment allocation in 2012, meaning less than 10 percent or more than 90 percent in a particular investment category...
I had a retired client who was a respected professor and educator for decades – full of wisdom and knowledge. But as he reached his 70’s, he was a sucker for every “good deal” that was pitched over the phone.
Nora Chapman’s story was typical of a business owner who has made the tough decision to leave her company.
At age 54, she was confident in finding a meaningful second act and was ready to leave her 25-employee advertising business.
Most people are aware that you can receive an increased Social Security payment by waiting longer. These are called “deferred retirement credits.” By simply working past your full retirement age, your payments increase substantially until age 70.