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»

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»

If you ever get a card or letter offering you "free" information on estate planning, retirement income, etc., do yourself a favor and throw it in the trash. For if you fill it out and return it you will have given that marketer a way around the Do Not Call registry and you will possibly be besieged by unscrupulous marketers exploiting a loophole in the law. »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»

Ann Harrison of Contemporary Retirement is working on a new book and has asked for our (your) help. The book is called "Retirement and the Single Woman."

Ann would like to from any women on LifeTwo:

If you were to remain single for the rest of your life, »more»

The Los Angeles Times writes about baby boomers using the increased equity in their homes to finance a reinvention of their lives. Notwithstanding recent housing woes, most boomers who have lived in their homes for more than a few years have a great deal of equity and are capable of using some of that to pay for a new start somewhere else. »more»

According to a press release issued by the University of Arizona, U of A Professor of Law Kenney Hegland and Tucson attorney Robert Fleming's new book will help baby boomers avoid common legal pitfalls of retirement as well as facilitate family discussion of such issues. »more»

The headline from the Wall Street Journal says it all, "As Boomers Retire, Insurers Aim to Cash In." This means that baby boomers need to be prepared for the coming onslaught of marketing messages (and possibly high pressure sales tactics) to get them to buy annuities. »more»

Researchers examining how people invest their 401(k) funds have found that they confuse quantity with quality. As a result, they invest in whatever their plan offers the most of.

Convenient, yes. Smart, no. »more»