Finance

it is important to plan a detailed discussion, given the strong likelihood that older parents and their adult children have conflicting expectations about issues such as elder care, retirement security and inheritance.

On the heels of a new report showing the top scam in Massachusetts involves debt collection, the AARP Fraud Watch Network offers tips so you can learn how to protect yourself from the five top scams reported by Massachusetts residents in 2015. According to the FTC’s Consumer Sentinel Network Data Book, of the 46,414 Massachusetts complaints recorded last year, 37,884 were fraud-related, ranking the Bay State at number 22 of 50 states.

The days of being able to count on averaging 10 percent annual returns from the stock market are over. So, it is important for retirees to know just how much they can take out of their portfolios every year without drawing them down too fast.

By Joseph McManus, RICP®, Financial Planner, Prudential Advisors Today, most of us expect to live longer, healthier and more active lives. How are you going...

By Nance Ebert, Contributing Writer REGION - The role of an executor for a someone’s estate holds a lot of responsibility. It is important for...

It’s been a harrowing ride in the stock market lately. So much so that it’s prompted scores of investors to pull money out of the market and park it in bonds or other fixed-income assets.

By Alain Valles, MBA, CRMP, CSA Hopefully your life has been rewarding and pleasurable. But we all have experienced, or will someday face, life's unexpected...

By Alain Valles, CRMP, CSA, MS, MBA Nonprofit Charitable Managing Director Stock market uncertainty and rising interest rates Ouch!  Stock market gains can be wiped out in...

By Alain Valles, CRMP, CSA, MS, MBA, Nonprofit Managing Director 781-724-6221/av@hhcp.org Nope.  I’m not talking about older peoples’ eating habits but the harsh reality of balancing...

If you are in your 50s or 60s, you most likely are at that stage of your life where college bills and mortgage payments, while perhaps not quite a thing of the past, are well on their way to being just that. You probably are not yet ready to retire, but for many it is closer than ever. Although people are living longer, however, the expenses of life are not declining. And, according to the National Council on Aging (NCOA), over 23 million older adults are economically insecure, either living at/below poverty or one financial crisis away.