Many people put off preparing for retirement too late and before they know it, retirement time is upon them and their financial portfolio is very weak. It’s best to start preparing for your retirement years now because when you get to the mandated government age which may be 67 in five years from now, you want to know that you’re going to be okay financially. You need to make some smart decisions now when you…
When it comes to retirement planning, most seniors are still wary of investing in the stock market. The high market volatility and uncertainty of recent times have certainly not helped investor confidence. In September, the market volatility index hit its highest since May. Investors are also fearing a crash in the next few months, even as most of the major indices remain up since the beginning of 2021. However, with rising inflation, reduced consumer spending, and indications…
It’s never easy to start thinking about your retirement. You might be fitter than ever, enjoying your work and everything it brings; alternatively, you might be anxious to retire, concerned that your pension will not be enough to cover the cost of living comfortably – or that the COVID-19 pandemic has already affected your retirement savings. Either way, there is no time like the present to rip the plaster off and seriously think about your long-term…
You may have a senior loved one who needs to assistance while performing routine tasks. These can be cleaning, laundry, cooking, eating, paying their bills, and other household chores. Maybe a debilitating illness or a serious injury has rendered them incapable of doing these tasks without help. This is where you will have to make a choice between hiring a home care agency and an independent home health aide to care and support your senior…
The old social narrative of falling in love, buying a house, raising a family and retiring are long gone. From increased lifespans to increased costs, the old ways are no longer feasible for many. How do you save for a retirement when you are looking at thirty or more years of life after retirement? How do you put money away when costs increase, and your wages are stagnant? The answer is not easy, and, indeed,…
It is essential to consider how best to invest for your retirement. While most people in the UK will benefit from a state pension, it is advisable to invest enough money early enough to provide for a comfortable life after work and to prepare a future for your children. There are many pension options to choose from, and most of these are legitimate. However, in recent years, there has been an increase in mis-sold pensions,…
