Money

Money

Featured Income Money Retirement

Sequence of Returns: What It Means and How to Deal

If you’re a buy-and-hold investor with a long time horizon, it’s helpful not to focus too much on shorter-term total returns. Despite ups and downs from year to ...
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Featured Income Money News Retirement Social Security US

Social Security cost-of-living increase will boost benefits 5.9% in 2022 as inflation spikes

Now that’s more like it. Older Americans scraping by on meager increases in their Social Security checks the past decade will reap a relative windfall next year. The ...
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Featured Lifestyle Money Retirement

How to Inflation-Proof Your Retirement as Prices Continue to Rise

The reopening of the economy means that consumers are finally spending more money on goods and services, driving inflation up to 5.3% in August compared to a year earlier. In ...
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Featured Income Retirement Taxes

Types of Annuities and How they Work

The Main Types of Annuities Generally speaking, there are two basic annuity types, immediate and deferred. The main difference between them is your payout options. With an immediate ...
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Featured Income Retirement Social Security Taxes

6 Things Many Americans Get Wrong About Social Security

Social Security is a significant source of income for many retirees, but people often misunderstand even basic concepts behind this government program. Nearly 90% of American adults say ...
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Featured Lifestyle Money Retirement

3 costs you can’t avoid in retirement, no matter how hard you try

In retirement, taking care of yourself and your family should be your top priority, and that will come with expenses. However, those expenses don’t have to take you ...
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Featured Income Money Retirement

Retirement Planning Tip: Try A Six Month Drawdown Instead Of Monthly

We are creatures of habit, especially when it comes to finances. Even looking back at your first allowance, likely that you received it on a regularly scheduled day ...
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Featured Money Retirement

Planning for retirement? You should also plan for inflation

Whether retirement is two years away, 10 years away or three decades away, inflation will affect how you save and spend your money in the future — that’s ...
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Featured Money Retirement

8 inflation tips for your savings, investments and retirement planning

This article is reprinted by permission from NextAvenue.org. As we’ve all noticed, inflation has been on the rise lately — the Consumer Price Index rose from 1.6% at the end of ...
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Featured Retirement Taxes

Why Today’s Retirees Need to Pursue Tax-Minimization Strategies

IRAs are the name of the game for today’s retirees. While they come with helpful tax breaks for savers, pulling money out in retirement comes with major tax ...
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