Common Financial Wisdom: Theory vs. Practice

In the financial world, there are a lot of rules about what you should be doing. In theory, they sound reasonable. But in practice, it may not be easy, or even possible, to follow them. Let's look at some common financial maxims and why it can be hard to implement...

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15 Body Language Blunders Successful People Never Make

Our bodies have a language of their own, and their words aren’t always kind. Your body language has likely become an integral part of who you are, to the point where you might not even think about it. If that’s the case, it’s time to start, because you could be...

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The Science of Older and Wiser

Since ancient times, the elusive concept of wisdom has figured prominently in philosophical and religious texts. The question remains compelling: What is wisdom, and how does it play out in individual lives? Most psychologists agree that if you define wisdom as...

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A Path to Retirement, for Those Far From It

There is a big retirement problem in America, maybe even a crisis. Many working people won’t have enough money to leave their jobs and live in comfort and security. How many are in jeopardy is debatable, but the problem’s existence is not. What’s to be done about it?...

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The New Rules for Early Retirement

Early retirement is again in reach, but the game has changed. Do you dream of leaving full-time work behind at 60 or even sooner? Plenty of Americans do, of course. But the real question is whether you can afford to clock out early. It may require trade-offs, such as...

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4 Keys to Living Longer and Better in Retirement

In 1970, average life expectancy at birth in the U.S. was 71 years. In 2014, it is 79 years; and by 2050, the U.S. Census Bureau projects that average life expectancy will be 84 years. Today, according to the National Institute on Aging, there are over 40 million...

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Watch Out For These Sneaky Leaks in Your Retirement Savings

A new study finds that “leakage” from 401(k) and IRA accounts can reduce a person’s retirement wealth by as much as 25% and argues that changes are needed in these savings plans in order to plug the holes. The report, from the Center for Retirement Research at Boston...

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