Is there a good way to define a rental unit as long-term or temporary? As this correspondent finds, there can be several different definitions. Q: This question may seem odd, it has been hard for me to research it and I hope you can help. I am trying to determine a realistic and reasonable definition [...]
The day is finally here. After decades of saving, diversifying your portfolio, and managing your investments, you’ve entered retirement. You’re ready to transition from saving for retirement to withdrawing from your accounts, but how can you make sure that your money will last as long as you need it? “The best advice,” says Lee Baker, [...]
Even if you’ve done a great job saving up money for retirement, you may eventually face healthcare expenses that could quickly drain your savings. Fidelity estimates that a 65-year-old couple needs $220,000 for healthcare expenses in retirement, but the truth is that healthcare costs are tough to quantify because you never know what issues you [...]
