Tag: Michael W. K. Yee

  • Adjusting Your Money Mindset

    Money is a powerful influence on our lifestyle, emotions and behaviors. If you’re serious about improving your financial life, examine your money mindset Acknowledge your personal history. If you grew up in poverty, you may have an underlying sense of scarcity–never having “enough.” If you were accustomed to abundance, you may not know how to…

  • Retiring Into Your Dream Job

    Americans in general have strong work ethic, so a life of extended leisure doesn’t appeal to everyone. With the average U.S. life expectancy estimated at 80.1 years, there’s no reason why you can’t pursue meaningful work in retirement especially if your health is good and your mind is sharp. The desire for activity and income…

  • Financial: Time for a Retirement Dress Rehearsal

    Two emotions are likely to strike those who are nearing retirement — excitement and fear. Leaving the world of alarm clocks and cubicles is liberating, but feelings of apprehension about entering a new life stage can easily creep in. The responsibility of pursuing your passions and filling each week in a satisfying way can be…

  • What Does Gender Have to Do With Retirement?

    When it comes to planning for retirement, women feel less prepared than men. That’s according to the New Retirement Mindscape® 2013 City Pulse index survey, commissioned by Ameriprise Financial. Only 38 percent of women surveyed say that they feel on track for retirement (or the remainder of retirement) compared to 46 percent of men. Women’s…

  • Home Equity Into Retirement Income

    The long-struggling housing market is finally showing signs of recovery, giving many homeowners more equity in their properties. This is prompting more pre-retirees to consider if, and how, home equity can be turned into a source of cash to help fund their retirement. Home equity represents one of the biggest assets for many Americans. However,…

  • Do I Need Long-Term Care Insurance?

    If you never experience chronic illness or an accident resulting in extended care, you won’t need long-term care insurance (LTCI). But, if either were to happen to you today, a nursing home in Hawai‘I could cost you $100,000 – $120,000/year and could last up to 3 years. People age 65 and older with Alzheimer’s survive…

  • How Much Money Do I Need?

    The “million dollar” question many of those preparing for retirement ask themselves is simply stated but not necessarily easy to answer — “how much money do I need to save to secure a comfortable retirement?” In some circles, this is referred to as “the number” — that magical figure that tells pre-retirees how prepared they may be. A recent…

  • Caring for Aging Parents: Don’t Wing It

    As the parents of boomers age, more family members are managing eldercare responsibilities. Healthcare and finances aren’t easy topics for many families to broach. In fact, research from the Money Across Generations IISM study shows that 36 percent of boomers’ parents feel that talking about healthcare with family will likely or very likely create tension…

  • Financial: Selecting Your Financial Advisor

    Speaking from experience, the relationship between financial advisors and their clients is incredibly important. Whether you rely on your advisor to help with retirement planning, saving for college, or meeting other goals, this individual will help determine how you approach some of life’s biggest financial decisions. Here are a few things to keep in mind…

  • Financial: Retirement Confidence Boost

    Dos and Don’ts on Preparing for Retirement As baby boomers near retirement, many are discovering that they aren’t yet financially prepared to leave their careers. Moving from a full-time job to a life of travel, volunteer work and time spent with family and friends may seem like a natural next step. For those who are…

  • Important Tips for Giving Grandparents

    If you enjoy supporting your grandchildren financially — or if this is one of your goals — you’re not alone. Eighty-four percent of seniors say that creating a financially secure life for themselves and their family is an important goal.* Yet, deciding how to best help your grandchildren can be a struggle, especially if you…

  • Now & Then: A Way of Harmony

    In 1957, brothers Al and Clayton Naluai attended Glendale Junior College in California where they befriended two other Native Hawaiians, Bernie Ching and Pat Sylva. They started to compile Hawaiian tunes together for the choir director and came up with a signature harmonizing style. They did concerts up and down the West Coast. While singing in…