In the still-weak job market, many people are choosing to start their own companies. At that same time, traditional financing is harder to secure. That means would-be entrepreneurs have to look to other sources for start-up capital. If you re retired with a sizable nest egg, adult children or grandchildren could approach you for money to launch a business.

Broken piggy bank

You ve no doubt factored into your budget all of the recurring monthly expenses you expect to pay during retirement. But, what about those unplanned expenses that inevitably pop up when your furnace peters out, your dog gets sick, or your granddaughter has a destination wedding? With some savvy planning, you can prevent those unexpected expenses from blowing your retirement budget.

Man and his granddaughter

Plenty of headlines lately tell us traditional retirement has gone by the wayside that we have to work until we re 70 or launch an encore career. If you d still like a good old-fashioned retirement, complete with afternoon golf and frequent travel, it may be possible with some savvy financial planning. The first step toward retiring sooner is figuring out exactly how much money you ll need.

Couple at the beach

Summer travel season is about to kick into high gear. Get the most bang for your vacation buck with these savvy strategies and insider tips. If you re retired, you have one thing that most travelers don t: time. Having flexibility is the greatest thing you can do to find cheap travel deals, Matt Kepnes, author of How to Travel the World on $50 a Day, says.


Ahhh, the holidays cozy evenings by the fireplace, champagne toasts, juicy turkeys with all the trimmings, and a credit card bill to make your head spin come January! [caption id="attachment_14597" align="alignright" width="280" caption="Watch your money fly away when you don t plan your holiday gift-giving.


If you don t have a head for numbers or if you find the stock market as interesting as watching paint dry, leaving the finances to your spouse may seem like the easy way out. But burying your head in the sand when it comes to money management can set you up for disaster down the line.


Whether you ve got a perfect FICO score or you re working to rebuild a spotty credit history, the new credit card legislation that took effect earlier this year impacts everyone. Here s what you need to know to protect your credit and help your children and grandchildren keep their records clean as well.


Does your checking account balance bewilder you at the end of every month? Are you surprised you haven t accumulated more wealth? Even with the best intentions, we can sabotage our own financial success. Read on to learn how ten common money mistakes could be getting in the way of your financial freedom. 1.


This recession has taught us all some good lessons about pinching pennies. But there is another side to the proverbial coin: You get what you pay for. Sometimes cutting corners can cost you in the long run especially when it comes to your financial security and emotional well-being during retirement.