A new survey from Merrill Lynch finds that more than 80% of parents are paying all of their adult children’s expenses. Meanwhile, savings for retirement among the baby boomer generation remains dismal. Learning how to cut off adult kids and teaching resilience is key to avoiding poverty in old age. Should you cut off adult […]
South America is a very welcoming retirement haven for Westerners. However, many foreigners tend to flock to tourist traps or unwittingly move to cities with high costs. But there are two countries in South America that are relatively safe, feature adequate social infrastructure, have living costs, and have easier retirement visa processes. Paraguay Paraguay is […]
The typical American may more than a couple of cars within one lifetime. However, car salespeople sell cars every day and use that experience for their financial gain. When you buy a new or used car, you often end up paying more than just the sticker price. Car dealers are expertly adept at trying to […]
Home ownership involves a multitude of expenses. So is a home warranty worth it? One way to efficiently protect your home investment — and save on every day home system repairs and appliance replacement — is to invest in a home warranty policy. These policies pay to repair or replace your major home appliances if necessary. Here […]
If you have bankable talents, gifts, or work experiences, you may be able to make top dollar as a remote worker. And all without a college degree. Here are three to consider. Online interpreter If you can speak multiple languages then you can leverage your linguistic talents into a profitable online career. And if you […]
The only thing harder than buying a home might be keeping it. That’s why the argument to rent vs buy a home is so complicated. Owning a home is the American dream, but it can be more of an incredible responsibility. Most new homeowners do not consider the enormous monetary, maintenance, and time costs that […]
One of the hardest decisions that a retiree will have to make is determining where to live during retirement. Mental and physical vitality depreciates incrementally with age. It can also be emotionally and physically prohibitive for some retirees to live on their own as they age. Financial independence is an issue as well. According to […]
For a true recreational vehicle (RV) enthusiast “everywhere” is their list of destinations. Buying or renting an RV is a popular pastime for many Americans. More than 40 million Americans go on road trips and camp in an RV every year. The typical age of an RV owner is 48. The average cost of a […]
An estate plan exists to accomplish three things. Preserving your accumulated wealth should be your first priority. The second goal is to specify who will inherit your assets after your death. The third goal is to indicate who will make health care and financial decisions on your behalf if you are unable. As you age, […]
Home solar is becoming a reality for many Americans, not just a hobby for the rich. In fact, California just mandated home solar for all new construction in the state. Everyday energy consumption is what drives most to consider home solar energy generation. What could be better than taking control of your own energy costs, […]
