Retirement

We all know that you need to save up a lot of money to retire comfortably. Many people can account for fixed expenses like property taxes and utility bills in their retirement budget, but one item that's difficult to plan for is medical…

Charlotte Gottlieb, 93, and Charlotte Markowitz, 85, greet relatives and friends (Photo by Evelyn Hockstein/For The Washington Post via Getty Images) In my August 6 blog, I started a conversation about what Baby Boomers will need…

BIERE, GERMANY - JULY 01: Employee checking a server rack at the new data center of T-Systems, a subsidiary of Deutsche Telekom AG on July 01, 2014, in Biere, Germany. T-Systems is the largest German and one of the largest European IT…

Third- or fourth-generation heirs are "supposed" to take over the family business, but do they want to?Fineas Anton / Unsplash A man starts his business in 1912 and runs it passionately for 30 years, then his son takes over, running…

By Peter Gosselin, Next Avenue Contributor  Credit: Shutterstock The vast majority of Americans who work into in their 50s, 60s and beyond need to keep making money as they grow older but encounter widespread age discrimination in…

Cripple Creek, a former gold-mining boom town 44 miles southwest of Colorado Springs, is now home to 13 casinos after Colorado voters allowed the town to re-establish gambling in 1991. This July casinos will be allowed to stay open 24/7…

I’ll give it to the New York Times: say what you will about the decline of the print media, the Gray Lady can still set the news agenda. On August 5th the Times published “Too Little Too Late’: Bankruptcy Booms Among Older Americans,” which…

Shutterstock The regulations for Section 199A were released on Wednesday morning, so many Tax Advisors are short on sleep and almost ready to roll. These regulations are exceedingly complex and it will take months of study and…

By Barbara Friedberg, Next Avenue Contributor  Credit: Shutterstock If you’re lucky, by the time you’re in your 50s or 60s, you’ve amassed a retirement fund to tide you through the next few decades. So you now might be seeking ways…

Shutterstock Many people investing in retirement plans such as 401(k), 403(b) and IRAs don’t fully understand tax-deferred investing. Let’s look at a few of the tax issues related to retirement planning and investing. Short-term tax…