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The Social Security Fairness Act is now in the hands of the Senate. Here’s what could happen next.

Decades in the making, the legislation would eliminate a provision that reduces Social Security payments to some retirees who also collect a pension from jobs that aren’t covered ...
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Here’s what a new Trump administration could mean for your money, financial advisors say

Now that Donald Trump has been elected president, many individual investors are wondering what that means for their money. The markets rallied last week on news of Trump’s win, with the Dow Jones ...
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Morningstar: How the 2024 Election Could Affect Your Portfolio

Election Day is Tuesday, Nov. 5, and the uncertainty can present pitfalls for investors. “There are a lot of emotions involved,” says Dan Lefkovitz, a strategist with Morningstar Indexes ...
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CBS EVENING NEWS: Why the “sandwich generation” struggles to save for retirement

  Many people in their 50s are part of the so-called “sandwich generation” of workers who support both young relatives and aging parents. Roughly 5 million U.S. households ...
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9 Ways Retirement Has Changed

Key Takeaways: Inflation has long-term impacts on retirees’ purchasing power. Higher inflation has forced retirees to take larger withdrawals, increasing the risk of outliving savings. Becoming a millionaire ...
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Could Political Arguments Ruin Your Estate Plan?

At one time, political disagreements were just that — disagreements. It wasn’t uncommon for political talk to make its way into conversation at Thanksgiving dinner, and when someone ...
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MoneyWatch The new middle-class retirement plan: Working into old age

A new glimpse into how middle-class people in the U.S. think about retirement is revealing some startling views about how long they expect to live and to work. ...
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How long you may live is one of retirement planning’s biggest unknowns. How experts say to get the best estimate

To effectively plan for your retirement, experts say, you need to watch your savings rate and total nest egg. But how much you really need to have set aside depends on ...
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US inflation cools again, potentially paving way for Fed to cut interest rates soon

WASHINGTON (AP) — Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and ...
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How long you may live is one of retirement planning’s biggest unknowns. How experts say to get the best estimate

To effectively plan for your retirement, experts say, you need to watch your savings rate and total nest egg. But how much you really need to have set aside depends on ...
Read more Comments Off on How long you may live is one of retirement planning’s biggest unknowns. How experts say to get the best estimate