Retiring abroad requires additional planning to account for visa requirements and currency exchange factors, but like any financial goal it can be reached with proper planning.
Retiring in the U.S. is difficult on its own, given rapidly rising cost of health care and the fact that most Americans under-save. Retiring abroad, while possible, makes matters even more difficult.
Amongst other factors to consider, a retiree needs to plan for a myriad of additional costs such as tax implications, currency fluctuations, visa requirements, and health care.
Growth mutual funds invest in companies that are developing and/or have a high potential for growth, as the name implies
The choice between a Roth IRA and a Traditional IRA depends on available discretionary income and financial situation
Operating profit is synonymous to operating income, and represents a company’s profitability from its core operations
Debt financing occurs when a company borrows money or secures financing through loans, with the obligation to repay
Liar loans are a term that refers to loans or mortgages that were granted with little or no request for documentation
The Glass-Steagall Act was passed in 1933 to place a dividing wall between commercial banking and investment banking
Some people use the term “home office” to loosely refer to the fact that they work primarily from their home, while...
An income statement is a business’s financial statement that gives the income results from operations and non-operations
The IAA sought to regulate an industry that was deemed to be of public concern and within the Federal jurisdiction
Par rate is the fair market value of a loan for a person with certain risk characteristics, from a lending institution