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Healthy people are generally happier and take a more active role in their finances. Individuals who strive to maintain their health have similar traits to those who work to improve their finances.
More than 1 in 4 of those who are currently 20 years old can expect to be out of work for a least a year due to a disabling condition before they reach retirement.
Avoid Rollover Mishaps – Money moved from an employer’s retirement plan should be transferred directly from the 401k plan to the custodian of your IRA. The check should be made payable to the custodian of your IRA account, not to you.
Rather than improving your decision-making process, too much information makes it harder to make logical and rational investment decisions.
Studies have found that the average inheritance is spent within five years and one third of those receiving an inheritance have negative savings within two years.
Outliving your money is one of the greatest fears of individuals and couples planning for retirement. This is largely driven by uncertainty around medical expenses. Medical expenses will represent one of your largest expenses after housing and transportation.