Retirement is about letting loose, but it's not always a cake walk. The first year of your retirement, make sure you avoid these common financial mistakes.
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Sometimes receiving an inheritance can be an inconvenience. Find out what you can do if you inherit this type of asset before it becomes a financial burden.
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Recently legislated cuts to Medicaid, Medicare, and the ACA marketplaces, well over 100 hospitals are expected to close across the United States.
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Working in finance may look glamorous from the outside, but the industry costs its employees a whole lot more than their time and labor.
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Before you settle on your state of choice for retirement, be sure you're aware of these potential state tax traps that may chip away at your savings.
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A new report ranks U.S. states based on factors including livability, health care, and access to recreation. and the top states are quite surprising.
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As an upper-class retiree, you have a more comfortable lifestyle than your middle- and lower-class peers. Here are five signs that you belong to this group.
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With its natural beauty, Oregon might seem an ideal place to live for many people. But for many retirees, moving to the Beaver State could be costly.
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Your portfolio's risk exposure should decrease as you near retirement. When you reach this age, reshuffle it with a focus on stability rather than growth.
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While you might think that the Federal Reserve's recent rate drops will ensure lower mortgage rates, there is a lot more to the calculations.
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Living in the U.S. is becoming increasingly costly. There are many cities around the world where you can stretch your money and have an affluent lifestyle.
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Commuters looking to drive less or live totally car-free may appreciate these cities' thriving and affordable bus, rail, and tram systems.
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Baby boomers own just over half of the nation's wealth — more than any other generation. To be in the top 10% in this cohort, you need a significant net worth.
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While leaving an all-cash inheritance may seem like the best way to help your beneficiaries, certain cash substitutes can help simply the process.
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Money personality types are archetypes that characterize one's financial priorities and spending habits. Learn yours to improve your financial picture.
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Insurance can be a huge expense for new cars. Consumer Reports evaluated the most reliable new cars that also had the least expensive insurance.
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Some retirees' finances radically shift after they stop working, and the measures they take in response can be symbolic of their economic standing.
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Auto insurance rates have risen substantially in recent years, and if you're trying to save money on your policy, consider this advice from Consumer Reports.
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Ransomware attacks are becoming increasingly common. If you find yourself dealing with these unfortunate attacks, it's actually ill-advised to pay.
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Retirement may have once felt like a far-off prospect, but there are several strategies to make up for lost time if you realize you're behind on your goals.
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By signing up for one program, seniors could access savings on all kinds of services and resources aimed at keeping them healthy and strong.
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Financial assets often outlive their owner. When those assets reach a certain value, having the proper plans in place for their future is essential.
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This metro area outranks other major American cities in numerous quality-of-life metrics. But although it's livable, this city is notoriously expensive.
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There are many reasons why the South is a great option for retirees to move to. Find out how much savings you need to live in these states before you relocate.
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Mass-affluent individuals often have financial blind spots that slowly chip away at their wealth. These are the most common mistakes to avoid.
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After a lifetime of saving, it can sometimes be difficult for a retiree to start spending. However, there are some important tips to help eliminate any guilt.
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Whether you let your faucet drip to keep pipes from freezing, or you simply haven't fixed it, here's how much the water leak will cost you.
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