When John recently lost his wife Betty to cancer, their children were surprised to find out that neither John nor Betty had life insurance. As a result, the children ended up paying the cost of the funeral, and John, currently on a fixed income, is left contemplating whether he can afford to stay in the home they had lived in for over 25 years.
Let your golden years shine when you set a vision of what you want your life in retirement to be with these tips on family, health and more!
The 2015 Retirement Confidence Survey revealed that only 24% of today’s workers are very confident that they will have enough money to live comfortably throughout their retirement years.
Use these tips to be more mindful about fully embracing time completely outside of work.
Money is just one of those things that sometimes brings people as much pain as it does pleasure. As the economy in an up cycle of the recession, things are looking better but just the thought and uncertainty of an unstable economy is often enough to bring the fear back into people’s minds
The first step to managing financial stress is to identifying what is beyond your control.
For most of us, a few things on the long list of uncontrollable circumstance are: the stability of our global economy, the ups and downs of the stock market, your own job security, and attitudes of the people around you, and changes in technology.
Choosing a financial advisor is tough. There are generally a lot of options so how do you differentiate the crème de la créme of advisors who you can really trust to manage your hard-earned money?
Why don’t you test drive a few models before you make a final purchase? Most financial advisors offer a “free consultation” or some kind of ‘getting-to-know-you’ meeting where you can ask some questions before you commit.
If you only ask one question during this session, ask for references. Besides getting a feel of what it will be like to work with the advisor from this initial meeting, you’ll have an opportunity to learn first-hand what it’s like to work with the advisor based on the experience of his or her clients.
You may have heard statistics or evidence that multitasking can actually make people less efficient. Actually, in many cases that’s true. Generally speaking, multitasking decreases the level of knowledge and understanding in a given task; and, sometimes it can lead to doing many things but not really accomplishing anything.
Before you get discouraged, however, think about this: what if the people studied in these statistics and data were just doing it wrong? Perhaps the outcome of multitasking is dependent on the approach?
If you want to accomplish more in a day, focus on becoming a better multi-tasker. How? Consider the following: