Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner

Tech Insider : Economy, Economy
Three friends hold cocktails together in a toast at the bow of a sailboat facing dark blue water
HIFIs — high income, financially insecure — spend their paychecks on lifestyle and leisure at the expense of their savings accounts.

Yana Iskayeva/Getty Images

Americans who moved to Latin America for cheaper retirement, starting a new life, and better work options explain the pros and cons

Tech Insider : Economy
Cheryl Sands (left) and Janet Sussman (right)
Cheryl Sands (left) and Janet Sussman (right) both moved to Central America.

Cheryl Sands/Janet Sussman

I'm Gen X and would love to provide childcare for my future grandkids. But I'll be too old when I can afford to retire.

Tech Insider
A woman on a boardwalk wearing a gray jacket.
Jo Merrett told BI she was sad to not be in a position to look after her future grandchildren.

Courtesy of Jo Merrett

A baby boomer who saved over $2 million for retirement explains what he thinks he did right to make the system work for him

Tech Insider : Economy, Economy
retired couple relaxing in the backyard
Mark (not pictured) is enjoying a comfortable retirement.

Karl Hendon/Getty Images

How a peak boomer who moved from Texas to a tiny home in New York lives 'perfectly comfortably' on less than $30,000 a year

Tech Insider : Economy
Sam Mitchell and his dog
Sam Mitchell lives in a tiny home in upstate New York and a trailer home in Florida.

Sam Mitchell

I'm still working at 79. I've never felt burned out and have no plans to retire.

Tech Insider
headshot of a man in front of a yellow background
Richard Grove.

Courtesy of Ink Inc.

10 of America's most affordable retirement spots, where the weather is good and healthcare is top-notch

Tech Insider : Economy
The Villages, Florida
The Villages, Florida.

Michael Warren/Getty Images

A boomer couple lives on Social Security and receives $23 a month from SNAP for food: 'How are we to survive?'

Tech Insider : Economy, Economy, Politics
Older adult couple facing away from the camera
Mary Dacus, 69, said she and her husband (not pictured) live off their Social Security income.

Image Source / Getty Images

A millennial who retired at 32 explains the 'life happiness index' he used to decide to go back to work after 8 months

Tech Insider : Economy
Jace Mattinson
Jace Mattinson retired at 32 but went back to the workforce eight months later.

Jace Mattinson

Loyalty at work no longer pays — and it's employers who are to blame

Tech Insider
A glitching handshake

iStock; Rebecca Zisser/BI

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