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1 week ago | 
boldin.com | Kathleen Coxwell
If volunteering in retirement sounds appealing to you, you are not alone. More than ever, workers over 50 are looking toward careers in the nonprofit world, seeking a second chance at purposeful work. In fact, according to Encore.org, more than 25 million Americans ages 50 to 70 are eager to share their skills, passions and expertise by volunteering to address social needs.
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1 week ago | 
boldin.com | Kathleen Coxwell
Mother’s Day is a time to honor the givers—the nurturers, protectors, and planners who hold families together. But for many adults today, it’s also a moment of quiet reckoning. If you’re supporting aging parents and raising kids, you’re part of the “sandwich generation”—stretched thin emotionally, logistically, and financially. This role demands incredible resilience. You’re not just balancing care—you’re also carrying the financial load for two generations while trying to protect your own future.
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1 week ago | 
boldin.com | Kathleen Coxwell
There are thousands and thousands of well-worn financial suggestions – bits of conventional advice that people rattle off here and there. And, a lot of these adages provide great guidance given the right set of circumstances. However, real financial wisdom is a little less common.
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1 week ago | 
moneytalksnews.com | Kathleen Coxwell
sirtravelalot / Shutterstock.comEditor's Note: This story originally appeared on Boldin. Don’t get me wrong, planning your retirement is a complex endeavor. However, the following four-step framework is designed to put the myriad details in context and make the process easier and more meaningful without too much financial jargon, detailed formulas, or complicated strategies. Simple retirement planning is a possibility.
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2 weeks ago | 
moneytalksnews.com | Kathleen Coxwell
fizkes / Shutterstock.comEditor's Note: This story originally appeared on Boldin. Statistically speaking, women lag behind men when it comes to being ready for retirement. Research consistently shows that women are less financially prepared. However, awareness is growing and some trends are slowly improving. The really good news? It is never too late for retirement planning for women.
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2 weeks ago | 
boldin.com | Kathleen Coxwell
Early retirement is a dream for many. However, a really early retirement is fairly rare. According to research published on LIMRA, only about 20% of all Americans retire in their 50s or before — with most of those happening after age 55. For those that do retire early, figuring out how to fund expenses can be challenging.
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2 weeks ago | 
boldin.com | Kathleen Coxwell
If you are thinking of retiring but worried you aren’t ready, flipping your perspective may help nudge you more quickly toward the best years of your life. Turning your thinking upside down enables you to see things in a new and different way. A fresh approach can change your attitude and help spark creative ways of approaching a problem – even a problem like how to retire or feeling worried about retirement. Your attitude toward anything in life is all based on perspective.
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2 weeks ago | 
moneytalksnews.com | Kathleen Coxwell
fast-stock / Shutterstock.comEditor's Note: This story originally appeared on Boldin. If you have enough wealth, your Medicare costs — specifically your premiums — might be more than you had bargained for. Not everyone knows this, but there are Medicare surcharges (officially called income-related monthly adjustment amount, or IRMAA) that correspond to income brackets. These additional costs can really add up.
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3 weeks ago | 
boldin.com | Kathleen Coxwell
Most of us are pretty stressed by the need to give our savings a big boost as we approach retirement. Guess what? There is actually a relatively little-known retirement savings strategy that can really help: Catch-up contributions. Catch-up contributions are the IRS’s way of making it easier for savers age 50 and up to tuck away enough retirement savings. You probably already know that there’s a limit to how much you’re allowed to save in tax-advantaged retirement accounts such as IRAs and 401(k)s.
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3 weeks ago | 
boldin.com | Kathleen Coxwell
Not everyone can retire young, but even those with the financial means to quit their job often opt to wait. Retiring young to a life of pure leisure may sound like a dream, but for many, it can quickly lose its appeal (never mind the financial stresses involved with an early retirement and the resulting longer-than-average number of years you need to fund). Research consistently shows that what sustains long-term happiness isn’t endless relaxation—it’s meaning, purpose, and engagement.
