Health care can be one of the largest expenses in retirement, so it pays to cut costs (without reducing the quality of your care) wherever possible. One area where you may be able to shave off a few bucks is prescription drugs.

a pile of coins sits next to a tiny house while a person makes calculations on pen and paper in the background.

You’ve probably heard of Airbnb, the home-sharing site where people rent their homes to travelers. Maybe you’ve even stayed at an Airbnb house or apartment during your own travels. But have you ever thought about renting out your home through the site (or one of its competitors, such as VRBO or HomeAway)?

finance blogs on the computer

How did you choose the bank where you keep your checking and savings accounts? Did you simply open accounts at the branch closest to your home or office? Or default to the major bank most popular among your friends or family?

Financial scams and fraud can certainly impact all age groups. But many people have a perception that older adults, for whatever reason, are more susceptible to scams. Well, it turns out that isn’t true: In fact, Millennials are more likely to fall prey to con artists than seniors, according to the most recent data from the Federal Trade Commission (FTC).

Airplane in flight

One of the best things about retirement is having the time to travel. And studies show that older adults are definitely using that time to see the world: A 2015 AARP report found that Baby Boomers anticipated taking four or five trips in 2016.

A woman works on a computer

Back when you began your career, “going to work” usually meant commuting to an office and toiling behind a desk from 9 to 5. But now, just about everyone has a laptop, a reliable Internet connection, and a mobile phone within arm’s reach at all times.

A photo of a W-9 form covered by a post-it that reads "2018 tax laws"

On Dec. 22, 2017, President Donald Trump signed into law the Tax Cuts and Jobs Act, after it passed both houses of Congress. No matter how you feel politically about the new tax laws, you’re probably curious how they will affect your bottom line.

Graphic image showing balance between stocks and bonds.

Conventional wisdom used to be that as people got older, they moved assets out of the stock market into more conservative investments like bonds. But the most recent data from the Federal Reserve shows that today’s retirees aren’t necessarily following that guidance. The Fed’s 2016 Survey of Consumer Finances revealed that many U.S.

Sign with the words "buying" and "leasing."

Are you in the market for a new car and wondering whether you should buy or lease it? Some people have strong opinions on which option is a better deal, but there are definitely pros and cons to both buying and leasing.