When it comes to retiring early, some of the benefits are obvious. You get to live your life without the constraints of work, and you are able to pursue your own interests. But there are other good reasons for retiring early, and there are some reasons why retiring early is not the greatest idea. Your Dedication is Gone One of the good reasons to retire early is that you are simply not dedicated to working anymore. When you are no longer emotionally interested in working, you
Millions of people in the U.S. are unable to care for themselves and need long-term care services. These people need assistance in performing one or more self-care activities of daily living such as eating, bathing, dressing, and executing basic movements like walking, sitting, or standing. Services can be provided in the patient’s home, a residential care community, nursing home, assisted living facility, adult day service center, or at a hospice. Housework, money management
Planning for retirement sometimes is filled with numerous preparations. One step at a time you put your life and your finances in order so that the remainder of your years are spent enjoying the lifestyle and security you have worked so hard to achieve.
Preparing for retirement includes steps to prepare your children for the decisions you have made. Sitting down with them and laying out your plans is an important step in the process and one that can prevent misunderstandin
Financial abuse can be a complicated subject, but at its most basic level it involves taking advantage of an older adult through manipulation or intimidation to steal their money or property.
What are the risk factors for financial abuse? Elderly adults are some of the most vulnerable to financial abuse. Some of the biggest risk factors for older adults include: • Isolation
Isolation can cause extreme loneliness in seniors, leaving them desperate for any sort of social con
If you were busy with the holiday hustle-and-bustle, you may have missed some of the details of the SECURE Act. Your retirement planning process will likely need to be reviewed because of the SECURE, or Setting Every Community Up for Retirement Enhancement, Act. This act changes age restrictions on when you can contribute to a traditional IRA, when you will be required to take minimum distributions and how your legacy funds contained in a 401(k) plan can be dispersed by your
Some Americans are making their financial health a priority in the new year with resolutions to increase savings, reduce debt, and cut unnecessary spending. According to a survey conducted by Fidelity Investments, the top motivation for considering finance related resolutions is to work toward living a debt free life, to get control of everyday expenses, and to save for a comfortable retirement. Of those who have financial resolutions, over half resolved to increase savings.
Great Tips and Articles., I hope you enjoying reading!