Knowing if your portfolio of assets is working toward your financial goals takes some time, skill and effort. Let's look at how to build and monitor an asset portfolio.
The acronym stands for Financially Independent / Retire Early. Several FIRE concepts were mapped out by a Baby Boomer in the early 1990’s. The philosophy behind today’s FIRE movement is very Millennial. The lessons are universal.
As we age cognitive skills decline in varying degree. This dynamic process specifically impacts well-being and how society assimulates and protects seniors. Skills affected can include motor skill, the ability to learn new information, reaction time and memory. Reviewing the ways in which cognitive aging could affect individuals provides useful insight for policymakers, financial planners, career counselors and the individuals themselves.
Social Security’s surplus is turning to a deficit. We discuss what’s happening with the trust funds that back up the system and suggest steps you can take to boost your income in retirement.
A retirement survey (Aegon Retirement Readiness Survey 2018) published this week demonstrated that many people are not prepared to accept a bigger role with the financial side of retirement and are worried about the consequences of deteriorating health as they age retirement. We knew financial literacy was a problem and appreciate concerns about the emotional and physical effects of aging.