A 2018 Forbes article reported that the cost of college education is increasing almost eight times faster than wages in the United States. As these numbers continue to rise, it’s not surprising that many people are looking for assistance to defray education-related expenses. If you have adult children, partially funding your grandchildren’s education can be
Retirement
A successful retirement doesn’t happen overnight; it’s part of a long process that starts many years before you draw your final paycheck. If you have the wisdom, discipline and foresight, retirement planning should start the day you enter the workforce. Admittedly, few people take this path. But if you get in the habit of making
Coaches are everywhere these days. What used to be the province of the playing field or the ice arena, now is common to the board room, the gym, the hospital delivery room, the concert stage, and more recently, the retirement arena. I have been coaching recent and prospective retirees for the past eight years. It
Getty Last week, while attending the Retirement Coaches Association conference in Ann Arbor, Mich. where I spoke about retirement trends, I heard a fascinating and insightful presentation I wanted to share. Life and retirement transition coach, therapist and author Dorian Mintzer and corporate trainer and adjunct professor Gillian Leithman (aka “Dr. Jill”) presented what they
Are your retirement savings goals based on faulty assumptions? Getty If you are trying to figure out how much money you need to save for retirement, there’s an easy rule of thumb that you can use: simply multiply your expected annual expenses in retirement by twenty-five. For example, if you expect to spend $100,000 annually