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»

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»

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»