Famous philosophers back to Aristotle have extolled the virtues of walking to stimulate creativity, mental clarity, happiness, focus, and fresh perspective. Turns out this ancient practice could benefit your investment portfolio as well.
The Oxford Oracle
Read the latest financial news from professional advisors at Oxford Financial Partners.
Posts about Retirement:
Inflation in the US economy is real, and likely to get worse. Those wishing to better understand what inflation is and how it affects retirees can reference my May 11 blog post.
Nobody likes to think of their parents getting older and needing assistance, but it’s a reality many of us face. An important part of caring for your parents as they age is identifying and protecting them from elder financial abuse. Baby boomers and the Silent Generation are getting older and with their accumulated assets, they have a higher chance of being defrauded than those who are younger. According to one estimate, seniors collectively lose up to $30 billion a year to elder financial abuse.1 This abuse can come from total strangers, or even friends and family members.
On Tuesday, October 13, 2020, the Social Security Administration released important facts and figures for 2021 - including cost-of-living adjustments (COLA) for retirees and tax changes for the currently employed.
Medicare’s open enrollment period happens once a year between October 15 and December 7. During this time, current Medicare beneficiaries have the option to adjust their coverage for the coming year. This can be a useful option for those who may have recently changed medication, underutilized their current coverage or found they could use additional benefits.
Retirement can often feel like a reward at the end of the finish line. You’ve worked hard for years, saved diligently and now you’re ready to relax, travel or take up some new hobbies. But if you have a significant other, it’s important to approach this life transition as a partnership through open communication and honest dialogue. By discussing important emotional and financial factors ahead of time, you can hopefully spend less time stressing and more time enjoying retirement together.