Markets

The 15 best states to retire for a low cost of living in your golden years

For anyone thinking about relocating for retirement,affordability is a big consideration. According to data from Blacktower Financial Management, the best states for retirees based on cost of living are Mississippi, Oklahoma, and Arkansas. Other states to make the list include Texas, New Mexico, and Tennessee, which all offer retirees affordable […]
The 15 best states to retire for a low cost of living in your golden years
Markets

Most freelancers are millennials, but retirees are quickly catching up

More baby boomers are turning to freelancing to earn extra income, bulk up retirement funds, or transition into retirement, according to a New York Times story. More than 56 million American adults freelanced in 2018, including 30% of workers over age 55. In general, a shift away from pension plans […]
Most freelancers are millennials, but retirees are quickly catching up
Markets

How to retire with health insurance if you’re too young for Medicare

Finding low-cost, high-quality healthcare coverage in early retirement can be a challenge. If you’re waiting for Medicare to kick in at 65, usually the most cost-effective option for health insurance – if available to you – is joining a working spouse’s employer-sponsored plan. Otherwise, you may consider continuing coverage through […]
How to retire with health insurance if you’re too young for Medicare
Markets

3 ways your office 401(k) gives you more money than you realise

About 55 million Americans save for retirement in a 401(k) plan, automatically deferring a portion of their paycheck into an investment account. The money contributed to a 401(k) is pretax, allowing for greater compound growth. Many employers also offer to match employee contributions to a 401(k) up to a percentage […]
3 ways your office 401(k) gives you more money than you realise
Markets

4 healthcare costs in retirement no one warns you about

The average couple will spend at least $US280,000 on healthcare in retirement, but only about half of American adults have a financial plan in place. Expected out-of-pocket medical costs for retirees include Medicare premiums, deductibles, copayments, and co-insurance. Some overlooked health costs in retirement include vision and hearing exams, supplemental […]
4 healthcare costs in retirement no one warns you about
Next Page »