A study from earlier this year found that 401k investors sometimes follow what I call a “naïve” investing strategy. These workers evenly divide their 401k money among their mutual fund choices. Thus if a plan has 5 investment choices, a … Continue reading
Conventional wisdom says that in retirement, you should take less risk with your investment portfolio, especially the older you get. There is some wisdom there, in a general sense. But as always, a person’s individual circumstances really define whether a … Continue reading
Research from George Washington University indicates that deep, long-lasting happiness (or perhaps contentment, if you prefer) is not related to money or possessions. Instead, there are three key components of true happiness: relationships (with family and friends), intellectual stimulation (but … Continue reading
Researchers at Yeshiva University found that personality impacts longevity. Their study of a few hundred centenarians found several common characteristics, including these personality traits: a positive outlook on life, outgoing, optimistic, easygoing, laughing easily and often, and having a large … Continue reading
Here’s a link to a very interesting trend in senior housing. Can you imagine living in a college dorm-like setting (without the need for studying) in your retirement years? Senior citizen housing option offers community feel – USATODAY.com.