Combatting financial abuse

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Just because the elder’s decision seems bad, doesn’t make it (the financial proposal) wrong or exploitative.

Use a reverse mortgage to combat stock market anxiety

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By Alain Valles CRMP, MBA, CSA The prospect of living out one's life in the "golden years" has lost its glow. Wild stock market swings and a...

5 ways for retirees to save on future taxes

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Taking maximum advantage of tax breaks and other strategies will make savings last longer, which is critical for those living on a fixed income.
Mike Festa

Five things to know about Social Security

By Mike Festa, AARP Massachusetts State Director Social Security is your money — you earned it through a lifetime of hard work. And like most...

Reverse Mortgages: Time to trust?

Reverse mortgages are government-insured loans also known as Home Equity Conversion Mortgages (HECMs).

Are you financially prepared to retire?

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It’s unusual to feel financially well prepared for retirement. That’s due partly to the poor performance of stocks over the past decade. But mostly it’s due to not socking enough money away.

Planning for retirement – Traditional IRA versus Roth IRA

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By Joseph McManus, RICP®, Financial Planner, Prudential Advisors There are many vehicles used for retirement planning. One of the most common is the traditional IRA (individual...

Investing pros offer their best investing ideas

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“Express Scripts, a pharmacy benefits manager, has a near-majority market share and will benefit from an aging population, more generic drugs and society’s need to lower health-care spending,” said Paul Larson, Morningstar equities strategist.

Could a market decline help your 401(k)?

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Money managers say take a breath — downturns could offer opportunities to strengthen your retirement savings for the long run.

7 retirement planning myths debunked

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The days of counting on Uncle Sam and a company pension to carry you through old age are long gone. We’re living increasingly in a “yoyo” economy — short for “you’re on your own.”