NewRetirement

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How Big Do You Want Your Nest Egg to Be?

Twenty million dollars. That’s how much Julien Mellon needs to live the life he wants. With that kind of cash, Mr. Mellon, a 32-year-old tour guide, could buy a “beautiful” home with enough left over to spend $100,000 a year (“in 2017 dollars”) until the day he dies.<p>That same number would also work …

Money

When Retirement Comes With a Daily Dose of Cannabis

Ruth Brunn finally said yes to marijuana. She is 98.<p>She pops a green pill filled with cannabis oil into her mouth with a sip of vitamin water. Then Ms. Brunn, who has neuropathy, settles back in her wheelchair and waits for the jabbing pain in her shoulders, arms and hands to ebb.<p>“I don’t feel high …

Marijuana

Should We Die?

Radical longevity may change the way we live—and not necessarily for the better.<p>“So, you don’t want to die?” I asked Zoltan Istvan, then the Transhumanist candidate for president, as we sat in the lobby of the University of Baltimore one day last fall.<p>“No,” he said, assuredly. “Never.”<p>Istvan, an …

Longevity

How to Make Your Money Last as Long as You Do

How long should you plan to live?<p>No one can really know, of course. But the answer to that question may be the most critical factor in making a successful financial plan for retirement.<p>Fewer baby boomer retirees — Americans born between 1946 and 1964 — have traditional pensions than their parents …

Retirement

Paying Off Debt? First Celebrate then Do THIS Now!

Whether it is a credit card, car loan or the holy grail of all debts — your mortgage, paying off debt and eliminating monthly payments is a really …

Personal Finance

Disappointed by Your Reverse Mortgage Loan Amount?

A reverse mortgage is a loan that lets the borrower access their home equity. However, many people are very disappointed by their potential reverse …

Mortgages

How to Start a Retirement Club and Have a Happier Wealthier Future

Feeling excited, overwhelmed or unsure about retirement? Start a retirement club!<p>We all need help with our retirement plans but very few of us turn …

Retirement

Transition to Retirement: 10 Exceptional Tips for the Average Joe or Jane

We boomers were never average. As the “me” generation, our uniqueness is a badge of honor. However, approximately 10,000 of us transition to …

Retirement

A bike helmet with turn signal lights will make rides a whole lot safer

Cars have indicator lights for better safety — so why don't bicycles too?<p>The Lumos helmet is a helmet for cyclists with a prominent red brake light, as well as yellow left and right turn signals, like what you'd see on motorised vehicles.<p>Created by Jeff Chen and Ding Eu-wen, the Lumos is currently …

Bicycle Helmets

Scheme Tied to UnitedHealth Overbilled Medicare for Years, Suit Says

UnitedHealth Group, one of the nation’s largest health insurers, is accused in a scheme that allowed its subsidiaries and other insurers to improperly overcharge Medicare by “hundreds of millions — and likely billions — of dollars,” according to a lawsuit made public on Thursday at the Justice …

Health Care

80% of Americans don't know how much they'll need in retirement

So, you have no idea how much you should save for retirement? Join the club.<p>Eighty-one percent of Americans said they don't know how much money …

Retirement

Hugh Jackman on Nearing the End of Logan’s Run

The last time Hugh Jackman played Wolverine, the comic-book superhero he has portrayed onscreen for 17 years, was not an especially decorous occasion. In the midst of his work on a coming movie musical, he had to return for two days of reshoots on “Logan,” the 10th film in Fox’s X-Men franchise, to …

Hugh Jackman

Dubai Plans a Taxi That Skips the Driver, and the Roads

Like a scene from “The Jetsons,” commuters in Dubai, in the United Arab Emirates, may soon climb aboard automated flying taxis, soaring over busy streets and past the desert city’s gleaming skyscrapers, all — quite literally — at the push of a button.<p>Passenger drones, capable of carrying a single …

Drones

Retirement Calculator News, and a Mystery Solved…

It was a blustery winter day, just about a year ago, when I stayed indoors all afternoon to work at my desk. The snowflakes stacked on the railing …

Retirement

Retirement Advice in the Trump Era

A federal judge in Texas did President Trump a favor last week. It came in a decision in a case filed by the financial industry against the Labor Department to overturn an Obama-era regulation called the “fiduciary rule,” which requires financial advisers to put their clients’ interests first when …

Retirement

More Women in Their 60s and 70s Are Having ‘Way Too Much Fun’ to Retire

Kay Abramowitz has been working, with a few breaks, since she was 14. Now 76, she is a partner in a law firm in Portland, Ore. — with no intention of stopping anytime soon. “Retirement or death is always on the horizon, but I have no plans,” she said. “I’m actually having way too much fun.”<p>The arc …

Retirement

A Secret of Many Urban 20-Somethings: Their Parents Help With the Rent

Almost half of people in their early 20s have a secret, one they don’t usually share even with friends: Their parents help them pay the rent.<p>Moving into adulthood has never been easy, but America’s rapidly changing labor market is making it harder to find economic security at a young age. Skilled …

College & University

Big Retirement Planning Mistakes Made by Boomers and How to Fix Them

Data from the Insured Retirement Institute (IRI) suggests that Baby Boomers are completely busted and busted up about their retirement prospects. …

Retirement

Lessons on Aging Well, From a 105-Year-Old Cyclist

At the age of 105, the French amateur cyclist and world-record holder Robert Marchand is more aerobically fit than most 50-year-olds — and appears to be getting even fitter as he ages, according to a revelatory new study of his physiology.<p>The study, which appeared in December in The Journal of …

Exercise

The Purpose of Sleep? To Forget, Scientists Say

Over the years, scientists have come up with a lot of ideas about why we sleep.<p>Some have argued that it’s a way to save energy. Others have suggested that slumber provides an opportunity to clear away the brain’s cellular waste. Still others have proposed that sleep simply forces animals to lie …

Neuroscience

Social Security 2017: What to Watch

Social Security 2017: You might want to keep your eye on the money.<p>While President Trump promised on the campaign trail that Social Security would …

Social Security

Are You Female or Married to One? The HUGE Retirement Disadvantage You Will Face

While there are lots of benefits to marriage, if you are a woman or you are married to one, you face a a huge retirement disadvantage — a …

Retirement

Average Retirement Age: Can Anyone Ever Retire Early Anymore?

Up until a few years ago, early retirement was the goal of many older Americans. However, this trend seems to have peaked.<p>What is an Early Retirement?<p>…

Retirement

Focus on How Much Will You Spend in Retirement; Don’t Worry About How Much You Need

You are probably worried that you have not saved enough for retirement and the the #1 piece of advice from most financial experts is to tell you to …

Retirement

7 Tips to Help People Who Are Retired Stay in Their Homes Longer

Nine in 10 older Americans want to remain in their own homes as they get older. But most people aren’t planning ahead when it comes to making sure …

Retirement

Using a Reverse Mortgage is the Best Retirement Secret

You probably intended to save more for retirement than you actually did. Maybe you have a 401k or an IRA. Maybe you don’t. The reality is that …

Mortgages

Schwab just fired the latest shot in the passive investing price war

Charles Schwab upped the ante Thursday in the battle to capture the passive investing market, slashing fees as more investors are following indexes …

Stocks

5 Ways to Minimize Required Minimum Distributions

When we reach the age of 70 ½ ,we are given the “privilege” of beginning Required Minimum Distributions (RMDs) from IRAs, 401(k)s and other …

Retirement

Here is the letter the world's largest investor, BlackRock CEO Larry Fink, just sent to CEOs everywhere

Larry Fink, the chief executive at BlackRock, which with $5.1 trillion is the world's biggest investor, just sent his annual letter to chief executives at S&P 500 companies and large European corporations.<p>Fink focused on how to think long-term in this "new world" that has negated all the …

Governance