Retirement doesn’t just affect your wallet; it also has a big impact on your well-being. Still, only about 1 in 10 Americans are equipped for this transition. In ...
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Comments Off on There’s a Huge Step Toward Retirement Nearly 90% of Americans Are Skipping
A recent report on retirement savings says a comfortable retirement will take the average American $1.3 million in savings to achieve – nearly $200,000 less than the previous ...
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If ever you want to clear out a room, start a conversation about reverse mortgages. You’ll have the hors d’oeuvres and then some to yourself. But folks shouldn’t ...
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Are you rich? The average net worth by age can help you benchmark your financial success against your peers and aid in retirement planning. But when most people hear ...
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As the president’s trade policy has been rapidly evolving, it’s no surprise that where we sit right now is in a place of great uncertainty. While a 10% ...
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Comments Off on Protect Your Retirement Portfolio from Tariff Risks
After the stock market plunged Thursday and Friday following President Trump’s newest announced tariffs, many Americans are seeing their retirement savings, particularly in 401(k) plans, take a hit. ...
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Comments Off on Finance Here’s what to do with your 401(k) – and what not to – as stock market plunges after Trump tariffs
The financial future of the more than 70 million Americans who receive Social Security benefits is slightly more secure than anticipated: The trust fund reserves used to pay beneficiaries are ...
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Comments Off on Will Social Security run out? Here’s what could happen to your benefits
If you’re retired, what should you do about recent gyrations in the stock market? During 2024, the S&P 500 gained 25% when you include the return from dividends. ...
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Once you turn 50, and especially after age 65, you may qualify for extra tax breaks. Older people get a bigger standard deduction, and they can earn more ...
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Hiring freezes, the new Career/Policy classification, freezes on this and that program. It’s all causing lots of federal employees to consider retiring. My next guest warns, don’t do ...
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Comments Off on Thinking of retiring all of the sudden? Haste could be a mistake