To live a long life, work forever. At least that's what one of Japan's leading doctors believed -- and he was his own proof. Before his death on July 18, 105-year-old Dr. Shigeaki Hinohara was a practicing physician, a chairman of St. Luke's International University and the honorary president of St. Luke's International Hospital.
If you have a 401(k) with a former employer, it's called an orphan. The name is fitting, since you aren't really taking care of this account -- it's sitting there all by itself.
As Congress and the new administration look to overhaul the Affordable Care Act, healthcare has been a hot topic in the news. And rightly so, as the outcome is likely to have an impact on most of us.
Are there health benefits to staying in the work force longer? The scientific research is inconclusive, though it tends to tilt toward "yes."
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.
Fink focused on how to think long-term in this "new world" that has negated all the assumptions investors had a year ago about, for example, who would be the US president.
A traditional 401(k) is known to be subject to pretty significant taxation, particularly if you're in a higher income bracket or if you're under the age of 59 and a half. Fortunately, there are some tricks that can help you keep the tax burden as light as possible. Keep reading for more information on reducing your 401(k) taxes.
Today's article discusses the multiple advantages of of investing in a Roth 401(k), an under-used option that many employers offer, but most employees aren't using. Contributions to a Roth 401(k) are taxed, and while that might sound like a disadvantage, in fact it will be a big bonus when you're ready to withdraw your cash. Read more to learn about the other advantages of investing in a Roth 401(k).
Today's article discusses the low inflation of the Social Security benefits' cost-of-living (COLA) adjustment in 2017. According to the recent report of the trustees for Social Security and Medicare, the COLA is forcasted to be increased b only two-tenths of one percent. There is potential for the number to be increased; read on for more information about the upcoming proceedings.
Today's article discusses the best strategy for investors to handle sudden and unexpected expenses in retirement. While many stash cash in a "rainy-day fund", the author recommends that people reconsider this option and look into a more strategic method of staving off trouble in the form of medical emergencies, car issues, or other unpleasant surprises.
While the general rule of retirement savings counsels against risk taking, today's article discusses the positive benefits of looking into leveraged exchange-traded funds (EFTs), a less conservative way to make more money for retirement. There are a number of benefits for those who are willing to take a little risk.