Ginny Grimsley

Financial planning for retirement has always been a heavy burden for workers, but these 7 tips can make the process much less daunting.

The stock market is continuing to climb, but there are concerns about an impending market downturn. People may want to start looking elsewhere for smart investments.

As people get closer to the age when they hope to retire, traditional wisdom calls for moving into safer investments, but that isn't the right move for everyone.

You don't have to come from a wealthy family, have the next billion-dollar idea or work 18-hour days to become rich. But if you make these common mistakes, you'll never become financially independent.

Whether during retirement or working years, charitable efforts can provide a powerful sense of purpose and meaning to life. Here are 4 reasons why retirees should explore charitable giving.

Ever since the financial crisis of 2008, many people have openly doubted the viability of achieving the American dream. These 3 tips will help pre-retirees and retirees preserve their wealth.

Chances are you could be doing a better job throughout the year to save on income taxes. A seasoned investment advisor highlights mistakes many taxpayers are liable to make now and in the future.

No one can predict when the next 2008-style financial disaster will strike. An estate planner reviews the 6 danger signs from 2008 to watch out for in 2014.

Most retirees and pre-retirees will depend on income from their investments to maintain their desired lifestyle, which means any dramatic negative market volatility can be devastating to their mindset and planning.

Most Americans don't understand the basics of how to minimize their tax burden and if you wait until the last minute to do your taxes, then you're sure to miss out on savings.

Although 2013 was a year of big lottery jackpots, odds are slightly better that you'll claim a nice inheritance. The vast majority opt for a lump-sum cash, but they should go for the payout over time.

Wall Street isn't the only place to invest your money, especially if you're close to retirement. A financial planner outlines the three kinds of money retirees should have available for enjoying the golden years with peace of mind.

Whether you're years from retirement or planning for it now, these three New Year's resolutions will be the best you ever made to ensure you can continue to live the lifestyle you want.

Of the trendy terms to come around in the past decade, "bucket list" remains among the most useful, but there's one important item people forget to add.

IRAs and annuities are growing in popularity as retirement investment options, according to recent surveys, but three financial experts warn they can have serious disadvantages.

Less than a third of the Medicaid population is consuming 87% of Medicaid dollars on long-term care services, which isn't sustainable. An insurance expert details ways seniors might handle long-term care and other budget issues.

Taxes account for the most expensive burden you'll experience in your lifetime, but there's a way to troubleshoot this unnecessary financial burden.

Age 85 is a bad time to go broke, but it can happen if personal savings, various investments and Social Security benefits prove to be short of what you expected. Get your golden years covered.

Baby boomers often worry about outliving their retirement savings, but you don't have to earn a fortune to save a fortune. Here are four things everyone should know about preparing for retirement.

Although two-thirds of baby boomers will inherit a total $7.6 trillion in their lifetimes, they will lose 70% of that legacy, and not because of taxes. There are ways your family can beat the "three generation" rule.

Required minimum distributions force retirees to make withdrawals, which are heavily taxed, from their retirement accounts. A financial expert offers tips to avoid this hefty bill from Uncle Sam.

You don't have to be a trader on the world's markets to experience the financial roller coaster. A market analyst shares five tips for anyone dealing with lifestyle changes and money fluctuations.

The tuition cost for one year of college can range from $20,000 to $65,000, which can make parents worry about their own futures, but there are ways to pay for your child's college without draining your retirement funds.

Smart retirement planning requires coordination among all of your advisors. You've only got one chance to get it right. Here are three steps you can take now to realize your retirement goals.