When it comes to preparing for retirement, a holistic approach is imperative. As you map out your golden years, three pivotal considerations stand out: life expectancy, health care costs, and retirement risks. Each plays a significant role in ensuring you have adequate funds to support a comfortable and fulfilling retirement. Let’s delve deeper into each.

1. LIFE EXPECTANCY: PLANNING FOR A LONGER FUTURE

In the 21st century, thanks to advancements in medical science and healthier lifestyles, people are living longer. That’s great news, but it also means we need to plan for extended retirement years.

Understanding the Numbers: The average life expectancy continues to rise. In many...

The New Mexico Mortgage Finance Authority launched its Restoring Our Communities Program Sept. 1 to help meet New Mexico’s need for affordable housing units while assisting communities in reducing vacant and abandoned houses that decrease property values. Homeowners within close proximity to abandoned homes can pay higher insurance premiums as well.

“By implementing this much-needed program, our goal is to help our fellow New Mexicans get into affordable homes, while at the same time, improve and strengthen communities by eliminating houses that are vacant or have been abandoned,” Isidoro Hernandez, MFA Executive Director/CEO, said.

The ROC program provides funding to approved...

U.S. Senator Martin Heinrich, D-N.M., Vice Chair of the National Service Congressional Caucus and the first AmeriCorps alum to serve in the U.S. Senate, welcomed President Joe Biden’s launch of the American Climate Corps, which will put more than 20,000 young people on skilled trades career pathways in the growing fields of clean energy and climate resilience.

“As the first AmeriCorps alum in the Senate, I have been calling to create a Climate Corps for years,” Heinrich said. “There is a lot of work to do to solve climate change and build our clean energy future—young Americans are eager to be the heroes in this story. We need to invest in providing them the training and...

Congress passed a bill on Sept. 18 that renames the U.S. Department of Veterans Affairs Community-Based Outpatient Clinic for the late Corporal Hiroshi “Hershey” Miyamura, who died on Nov. 29. The bill was sponsored by Rep. Teresa Leger Fernández, D-N.M. Senators Martin Heinrich and Ben Ray Luján, D-N.M., led the companion bill in the Senate.  S. 475 previously passed the Senate and now goes to President Biden’s desk to be signed into law.

"The call of service is one that a select few among us choose to answer,” Leger Fernández said. “Hershey Miyamura chose to answer it twice. He volunteered to serve not only in World War II, but also in the Korean War, where he was...