One attribute of increases in human longevity is that the length of time that seniors are expected to live past retirement has been increasing. Even though people are living longer (since 1940 men are now living on average five years longer), the age of customary retirement has been relatively fixed. »more»

Negative inheritance happens when the "the costs to children of caring for aging relatives outstrip any gifts or bequests they might receive in return." The phrase was coined by Laurence Kotlikoff, a professor at Boston University. »more»

The Los Angeles Times published story on grown children returning home to live with children and profiled several "children" in their 40's and 50's who for various reasons had moved back with their parents. The primary reasons were economic and triggered either by divorce or job loss. »more»

It is hard to imagine advice as timely as this, "Don’t count on home equity as your sole source of retirement income." Sentences like this led to me changing my mind about reviewing "Cash-Rich Retirement" by Jim Schlagheck. »more»

The publishers of "Rich Dad's Increase Your Financial IQ" by Robert Kiyosaki (reviewed here) supplied us with the following that you can use to test your financial IQ as gauged by Kisyosaki. (Answers at the end).

What’s Your Financial IQ?

1. Which of the following is not an asset?
a. Gold
b. The Corvette you bought for your 40th birthday »more»

"Increase Your Financial IQ" is Robert Kiyosaki's latest personal financial book. In case you haven't heard of Kiyosaki or his Rich Dad series, he has authored 18 motivational/finance books and other material that have reportedly sold a combined 26 million copies. »more»

Here is a part of middle age you probably weren't expecting, identity theft. According to the Federal Trade Commission, the average age of consumers reporting an identity theft complaint is 41 years. Of course, identity theft isn't that age specific and there are more victims under 40 than over. »more»

Current housing woes notwithstanding, economists are looking ahead five years when the 78 million baby boomers enter their twilight years. As this happen they will increasingly become sellers of real estate which is expected to result in significant downward pressure on housing values. »more»

Life is too short to spend in an unsatisfying job. However by middle age, career transitions are risky and expensive. The last thing you want to do is to go through a gut wrenching experience moving into a new career only to find that it wasn't what you expected. But how do you know what a new career will be like before you actually do it? »more»

The day I received the review copy of "Fast Profits in Hard Times" the Dow lost over 200 points. "Hard times" is certainly an apt description of our current economic state so it was with more than cursory interest that I cracked open the book. By the time I finished it a few days later the Dow had given away another 500 points--hard times indeed. »more»

I found this free ebook on the Law of Attraction. It seems pretty good to me. It's a good mixture of theoretical and practical. It does have some good suggestions about how to put the Law of Attraction to use. Worth a read.
Download FREE Law of Attraction Report Here

If you read personal finance articles (or for that matter watch any daytime talk shows) at some point or another you will hear about the "Latte Factor." The Latte Factor is based on how much money can be saved over a lifetime by eliminating daily discretionary purchases--for example Starbucks Lattes or bottled water. The concept has been promoted by personal finance guru David Bach. »more»

Traditional economic theory tells us that the larger the reward for a particular action the greater your motivation. In other words you judge the value of the monetary rewards of your workplace based 100% on the absolute size of what you get. But observations have shown that the relative amount of one's reward is as important if not more important than the absolute amount. »more»

"Mobs, Messiahs, and Markets" by William Bonner and Lila Rajiva is not your typical personal finance book and that might be one of the bigger understatements we've made in a long time. Yes, in the last quarter of the book it does finally give you more or less concrete information that you can apply to managing your financing. So what's the other 75%? »more»

Despite the somewhat similar titles, "Maui Millionaires for Business" and "The Last Chance Millionaire" take two very different approaches to guiding your financial decision-making. »more»