Personal Finance

The 10 Best Lake Towns Where Retirees Live the Good Life

The 10 Best Lake Towns Where Retirees Live the Good Life

Key Takeaways Affordable lakefront homes can be found from Arkansas to New Hampshire that deliver waterfront access without coastal price tags. Tennessee and the Carolinas offer many affordable lakefront retirement areas and have low taxes. Many lake communities are within an hour of airports and major medical centers, offering a balance of tranquil living and

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I’m a CFP: These Are the Seven Tiers of Retirement Well-Being

I'm a CFP: These Are the Seven Tiers of Retirement Well-Being

In the field of psychology, Abraham Maslow’s hierarchy of needs has long been used to explain what motivates human behavior — from basic survival to self-actualization. What if that same concept were applied to financial planning? For individuals navigating retirement or preparing for it, understanding which financial needs matter most — and in what order

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The Secret Florida Spot Retirees Love for Tranquil and Budget-Friendly Living

The Secret Florida Spot Retirees Love for Tranquil and Budget-Friendly Living

Key Takeaways Sebring and surrounding Highlands County offer a lower cost of living than Florida’s larger cities and many other Sunbelt retirement destinations. Famous for its auto racing track, Sebring has numerous other attractions, including museums, art galleries, and a historic downtown. Outdoorsy types will enjoy its parks, lakes, and golf courses. Sebring’s county offers

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What You Learn Becoming Your Mother’s Financial Caregiver

What You Learn Becoming Your Mother's Financial Caregiver

Beth Pinsker is a certified financial planner, MarketWatch columnist and author of My Mother’s Money: A Guide to Financial Caregiving, a new book that comes out November 4. She spoke to Kiplinger Personal Finance Magazine about how best to manage a loved one’s financial affairs when they become seriously ill — and the importance of

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Are You Saving Enough for Retirement? See How Your Contributions Compare to Others Like You

Are You Saving Enough for Retirement? See How Your Contributions Compare to Others Like You

Key Takeaways The average retirement savings range widely by age, from just a few thousand dollars in your 20s to several hundred thousand by your 60s. Middle-class Americans have saved a median of $67,000, while Vanguard says the median balance in its defined contribution plans is just over $38,000. Catch-up strategies depend on your stage

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