Table of Contents: What to Do if You’re in Debt Bankruptcy and Your Credit Since 1991, the number of people age 55 and older who have filed for bankruptcy has increased significantly. For seniors 65 and older, the trend is even worse.* Accordin[...]

The BBB has issued an alert for phony text messages that appear to originate with your bank. Do not be fooled! These are what is known as “phishing” scams, meaning they are attempting to get you to enter your banking and personal details [...]

The Inspector General for the U.S. Department of Health and Human Services Office has issued a public alert for seniors, warning about the dangers of genetic testing scams. How does it work? You may receive a call, an email, or see an advertisement f[...]

Table of Contents: Collectibles Digital Currency Penny Stocks Restaurants Timeshares Passive income with limited risk is the ideal outcome of any investment, but hitting the jackpot is a long shot on even the “safest” of opportunities. Considering ri[...]

Reported losses to these "government impostor" scams add up to more than $450 million since 2014. People over 80 report a median loss of $2,700 per incident.[...]

As funeral costs creep toward the five-figure mark, the benefits of preneed insurance have never seemed more appealing to those reluctant to place the burden on their beneficiaries.* Though considering your mortality can put a damper on retirement pl[...]

Everyone daydreams about the moment when they can leave the workforce behind and make relaxation their full-time job, but most ignore the fact that losing a source of income can seriously hinder their vacation plans. When the checks stop rolling in, [...]

The transition from employment to retirement can certainly conjure mixed emotions for any aging member of the workforce, since newfound personal freedom comes without the comfort of a steady paycheck. Preparing for the unknown in advance is a great w[...]

Capable of covering the whole family under one policy, survivorship insurance is an appealing option for couples, since benefits pay out to remaining beneficiaries following the demise of both insured parties, and are potentially applied to estate co[...]

Table of Contents: Pay Off Debt Tailor Living Space to Your Lifestyle Make Smart Investments Prepare for the Worst As Social Security benefits dwindle and the dreaded retirement savings gap strikes fear into the hearts of the aging working class, the[...]

Table of Contents: Rollover Your 401K into a Traditional IRA Bank on Government Bonds Open a Savings Account If you’re over 59 ½ years of age and preparing for retirement, you have the ability to withdraw funds from your 401K without suffering a 10% [...]

Whether retirement is in the distant future or right around the corner, preparing for the unknown now can ensure uninterrupted leisure time later. While pinching your pennies and chipping away at credit card debt may be enough to keep the collection [...]