Back at university, I studied Russian language. I might as well have studied Martian for all the good my Russian language “skills” offered when my girlfriend, Yuliya, and I stepped into a Georgian restaurant along the Crimean coast recently...
Today, the birthplace of democracy can still be a messy place—just as it increasingly is across the U.S., the United Kingdom, and elsewhere. But this, too, is Greece: A country so beautiful, calm, relaxing— and so relatively inexpensive—that it’s attracting retirees happily trading the messiness elsewhere for the messiness of a more fulfilling, often healthier lifestyle in a sunny corner of the Aegean.
I guess you would classify me as the "tirelessly moving, globetrotting workhorse." That's my takeaway from a recent story in Kiplinger magazine by a financial adviser and investment educator that categorizes retirees into nine buckets: Tireless Mover, the Lost, Workhorse, the Lonely, Globetrotter, Reluctant Spender, Superhero, Overly Generous, and Never Retired.
I’m going to guess that you probably don’t know Carmen Herrera. She’s 104 years old. A Cuban-American living in New York. She’s my new idol. Her age has everything to do with this story. But not because she has pushed past the century mark. See, Carmen’s my idol because she sold her first painting at Read more...: Turning A Passion For Painting Into an Income at 104
That dream retirement we were all sold—it doesn't really exist anymore (assuming it ever did). But that doesn't mean the idea is moot. It's just that it's up to us to take control of what we want our third act to look like...
The average worker today has saved $152,000 for their Golden Years...and the average retiree is spending $46,000 a year. No need to do the math. Just eyeballing the numbers tells you this won't end well...
Earlier this month, the Social Security Administration announced that retirees collecting Social Security checks will see a 1.6% cost of living adjustment going into 2020. You can do way better. Here's the deal (and you probably already know this): Every year you hold off on claiming Social Security, you get a guaranteed 8% increase in the payment you ultimately receive.
A window display in a coin shop I passed recently grabbed my attention…a lovely, 1911 U.S. $5 Indian Head gold piece calling out to me from a small velvet tray. It was in excellent condition. Lustrous; the details of its design well defined. So, I popped in on a whim and brought it home.
I guess the best way to spin this is to say, “I’m trendy!” That’s my reading of a new Organization for Economic Cooperation and Development report, “Working Better with Age,” which effectively concludes that older workers are now absolutely vital to the global workforce, and that people who might otherwise be settling into life after Read more...: My Retirement Plan? Pursue My Passions in a Place That Fills Me With Energy
So many of us grew up in an age when the Soviet Union, and Moscow by extension, was widely considered a second-world destination—poor, underdeveloped, and monolithically gray. Cast aside those images. Moscow, in particular, is a vibrant, first-world economy with a wealthy and expanding middle class—a place where you find outlets for every major fashion Read more...: 24 Hours in Moscow: What to See, Do, and Eat