Managing finances efficiently during retirement is critical to avoid financial distress. So judicious use of money, health, and insurance should be your top priority

There is a thin line of difference between financial freedom and financial distress and the line separating them is financial literacy

While other situations can be postponed, a medical emergency must be attended to on priority, so seniors should surely have a separate emergency fund

Life is uncertain. It has its ups and downs. While ups make people happy, satisfied, and contended, downs are accompanied by loss, trauma, and financial distress. To sail over the downs, we need an emergency fund