Many households are considering their financial future this time of year and making planning decisions that will ultimately impact retirement. Follow recent coverage on important resources and mistakes to avoid when planning for retirement.
Celebrating Black History Month is a tremendous opportunity to acknowledge our past achievements, address present challenges and dream about future possibilities. The legacy of Dr. Martin Luther King Jr. inspires us to dream about a future that affords us to live in comfort and prosperity. He encourages us to build a legacy of hope and freedom that can be realized in every aspect of our lives. It is in that spirit that we encourage you to evaluate your dream of financial security.
Hispanic Heritage Month is a great time not only to recognize and celebrate the contributions of Hispanics and Latino Americans, but also to reevaluate what it will take to prepare for financial resilience in the future. It’s an opportunity for individuals, families and communities to develop actionable strategies to achieve financial freedom.
The year I turned 50, I notched my fastest time ever in the Sea Gull Century - a yearly 100-mile bike ride on Maryland's Eastern Shore that I had tackled for more than a decade. Was I a lean, mean cycling machine that year? Far from it! (See team jersey, right.) Rather, I think it took me that long to develop the mental toughness not to let the ride's length intimidate me.
Recently, I wrote about New Year's resolutions and that, among those 50 years and older with resolutions, 25% are working on health/fitness goals--the largest category by far. We've found this focus on health and fitness in a variety of other research too. For example, AARP research shows that when many people are turning 50, they set a goal to lose weight and get in shape before that big day. In an AARP study of conversations online about 50 th birthdays, losing weight was the strongest theme within the 50 th birthday conversations around achieving a goal. Typical quotes included: "Looking forward to losing this 50# by my 50th B-day in July."
It's February of a new year, and for many that means starting to see some results from those January resolutions. And for some others...perhaps it means starting to slip on those January resolutions. How have you guys been doing?
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