Columns

Double-Dipping Pensioners Bleeding NJ Dry

In New Jersey, the practice of double-dipping, in which a public employee retires from one job with a full pension and promptly starts another government job at full salary, is widespread, bipartisan and expensive. 

Adrift in a Financial Fog at Retirement

Retirees mistakenly think their days of working are behind them when they enter their golden years, but many find themselves playing a new role: portfolio manager. 

4% Retirement Rule is it Still Applicable?

When it comes to spending retirement funds, the 4% rule sounds simple enough, but experts say more consideration needs to go into how boomers' spend their nests egg.

Should You Combine Mortgages into One Loan?

Dave Says: With interest rates still low, is now the time to combine mortgages into one lower-rate loan? And is it best to maintain a blended fund for retirement or switch to self-chosen funds?

Boomers: Older, Wiser and… Worried

For years, baby boomers have been chastised for too much spending and not enough saving. But when it comes to retirement, this generation's main worry isn't about having enough  money. 

Pros and Cons of Indexed Universal Life Insurance

According to LIMRA, indexed universal life insurance policy premiums increased 23% in 2014. But financial experts warn this product, which was first introduced in 1997, is not for everyone.

Cost of Long-Term Care Rises With Age

Since the cost of long-term care increases with age, purchasing insurance for it is most affordable before retirement -- a time when boomers aren't typically focused on making that purchase.

Tips for Buying Long-Term Care Insurance

To help cover potential continuing care expenses, many experts advise boomers to purchase long-term care insurance. Here's what they need to know.