Where Harry Markowitz, Father of Modern Portfolio Theory, Is Invested Now

From: www.thinkadvisor.com

The 91-year-old Nobel winner also told ThinkAdvisor that AI should stand for “artificial idiocy.”

Nobel Prize winner Harry Markowitz, who conceived Modern Portfolio Theory, is 91 years old, boasts a list of corporate clients as long as your arm and has no intention of keeping his controversial views to himself, as evidenced in an interview with ThinkAdvisor.

For starters,…

By Jennifer Frost

Nearly a quarter of Americans retire before the age of 55. These days, ‘retirement’ does not necessarily mean not working or earning an income, but rather living day-to-day life doing things for enjoyment, perhaps generating a passive income instead of ‘actively’ earning money. Being savvy with property can be a great option in this respect. However, you will need to save a lot of money – in the…

By Jennifer Frost

Dogs are a man’s best friend, and this is particularly true for seniors. If you’re retired or soon-to-be retired, a dog can help you enjoy your golden years to the fullest. Dogs keep you fit, healthy, happy, and may even extend your lifespan. A study in Scientific Reports found people who lived alone with a dog had a 33% reduced risk of death, and an 11% reduced…

Many people spend years dreaming about the day they will retire. They envision spending time in their vacation home’s with their family and friends at their sides. However, for some, this vision doesn’t become reality.  Instead, they spend their golden years working instead of at the golf course or having coffee with friends. If you have a sneaking suspicion that you may be a person who needs to delay retirement, then here’s what…

By Jennifer Frost

The way that we age is only 20% down to genetics. The other 80% is down to how healthy we are and the lifestyle that we lead. If you retire at 60, you may have several decades to enjoy and it is important to spend this time well. You might be slowing down in terms of your working life, but to slow down the aging process, you…

Medicare Is Confusing, But It Doesn’t Have to Be

By Sharon Wagner (www.seniorfriendly.info)

Twenty-three percent — that’s the number of seniors who stated that reviewing their Medicare plan was the most unpleasant task among choices such as going to the dentist and getting a colonoscopy. Why? Medicare and all its parts and supplements are confusing. Medicare Part A, B, C, D, Medigap — what…

How to Spend Down Income and / or Assets to Become Medicaid Eligible

From: www.medicaidplanningassistance.org

Medicaid Spend Down: An Overview

For Medicaid eligibility for long-term care, an applicant must have income and assets under a specified amount (as well as have a need for long-term care). If the applicant’s income or countable assets exceed Medicaid’s financial limits in their state, it is possible to become eligible by “spending down” one’s income…

Are you ready for the great wealth transfer?

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

As baby boomers officially enter their golden years of retirement, their Generation X and millennial offspring stand to inherit trillions of dollars in total combined assets, according to many financial estimates.

How should each generation prepare for this historic transfer of wealth?

Baby Boomers: Set Expectations

Whether they have a substantial legacy to leave behind…

Why you should ignore the Dow

From: www.cnn.com

What’s the best way to measure the market? CNN’s Jon Sarlin explains why the Dow is outdated and doesn’t actually reflect what’s happening with stocks, much less the economy.

Top 10 Financial Tips – Set Yourself Up for Financial Success

From: blog.planetoffinance.com

If there is one thing that stresses almost everyone it’s money. It seems as though there are constantly bills to pay and the hours you work aren’t always turning out the way you hoped. So, what can you do? Don’t worry because financial success isn’t as elusive as you might think. In this article, we are going to look…