Retirement requires a shift in thinking

By: Jonathan Imber
Posted on: September 10, 2019

For most of your investing life, you’ve probably been encouraged to build a portfolio that balances risk and return — achieving the highest returns possible based on your personal tolerance for risk. For most people, that means living with a certain amount of volatility in exchange for growing a comfortable nest egg for their retirement years. You can lose money taking on too much ... READ MORE

How to avoid critical mistakes later in life

By: Elliot Raphaelson
Posted on: September 09, 2019

Although the divorce rate of younger couples has been dropping, the National Center for Health Statistics and the U.S. Census Bureau report that the divorce rate for married people over 50 has doubled, and for those ages 65 and older the rate has approximately tripled since 1990. Some financial planners have specialized in this area, and can provide the necessary guidance to families... READ MORE

Don’t be so sure you can ID a scammer

By: Liz Weston
Posted on: September 09, 2019

Believing that fraud can’t happen to us — because we’re too smart, logical or informed — may make us more vulnerable. Successful scam artists skillfully overcome our defenses and get us into emotional states that override logical thinking, said Kathy Stokes, AARP’s director of fraud prevention programs. “Scammers call it getting the victim under the ether,” she... READ MORE

When to go with your gut with investing

By: James K. Glassman
Posted on: September 05, 2019

There are four ways to invest in stocks. You can buy a low-cost index fund, with holdings that reflect an entire market or a broad swath of one. You can buy a managed fund, hiring an expert to do the stock picking. You can conscientiously study data from individual companies and invest in their shares. Or you can buy stock in companies that appeal to you subjectively — that is, invest... READ MORE

What to do with yourself after retirement

By: Elliot Raphaelson
Posted on: August 12, 2019

I recently read an interesting article about retirees who become depressed and bored — even ones on sound financial footing — because they haven’t found enough activities to keep them busy. I have been retired now for over 20 years, and I am fortunate to have found enough activities to keep me very busy and not bored at all. No doubt, the things I do won’t interest a lot of... READ MORE

How to find the right online bank for you

By: Miriam Cross
Posted on: August 09, 2019

Q: I want to open an online high-yield savings or money market account. But because these are new to me, I’m trying to perform due diligence somehow. Is there anything I need to know or beware of before signing up? A: Start your search at or Online banks don’t have branches you can walk into to ask for help, but you can find one that offers... READ MORE