Starting a company from scratch
How can you beat the odds if you want to join the boomerpreneur boom and start your own company after 50? MONEY put that question to small-business experts and dozens of fiftysomething entrepreneurs for their best advice.
Buying a business after 50
As a regional director for Aflac insurance, Stephanie Ringer had built her Louisville sales team into one of the top in Kentucky. One of her secrets for keeping her staff motivated? Holding brainstorming sessions in a local meeting space called WorkShop. She found that the center -- with its whiteboards, comfy couches, and crazy toys like hula hoops -- fueled productive sessions. So when WorkShop's owners put the business up for sale in 2007, Ringer, then 46, decided to buy it.
5 things to know about going out of network
Going to medical providers and using medical services outside of your health insurer's network can be much more expensive than you imagined. Here are 5 tips to avoid incurring some of the high out-of-network charges.
Keep an eye on vision care savings
If you're among the two-thirds of adults who need glasses or contact lenses, you know vision care often comes at eye-popping prices. You can easily drop $200 for a pair of basic glasses; spring for add-ons like anti-glare lenses or designer frames and the price can double. If multiple members of your family need corrective eyewear, you could face a bill that tops $500 to $1,000 in a single year.
Posen: Millions of Europeans face long slog
These are migraine-inducing times for anyone trying to set aside a little money for the future. If you're investing, you worry that Europe's game of debt-default chicken will wreck your portfolio. Yet you also can't get a decent yield if you try to keep your money completely safe.
When family leave is a must
You're not normally one to let your personal life interfere with work, but when you're ducking out of the office a few times a week to take Dad to dialysis or your kid to physical therapy, it's tough to get everything done to your usual standard.
Want to invest in a startup?
Just got off the CNN Express, the mighty bus I ride to some of the less media-saturated parts of America, where concern about gas prices and frustration over Washington's ability to get much done are both running high.
‘Will contributing the 401(k) max be enough?’
I'm 40 and have more than twice my current salary saved. If I contribute the $17,000 maximum this year to my 401(k) and continue to do the max each year and make catch-up contributions starting at age 50, will I have enough money during retirement? -- Stan A.
For sale: $50M Lake Tahoe compound
When Internet millionaire Tom Gonzales was putting together his elaborate family compound on the shores of Lake Tahoe, he had one big concern: Where to put some of the most valuable cars in his 400-car collection.
‘How much of my 401(k) should be in company stock?’
I work for a Fortune 500 company that matches my 401(k) contributions in company stock, which I can then re-allocate to other investments every quarter if I wish. Given that I won't retire for several decades and I think my company has great growth potential, how much of my 401(k) do you think I should have in my company's stock? John, Minneapolis, Minn.
