As America’s economy reopens, we’re seeing higher inflation rates, and this unwelcome surge should prompt retirees to consider the threat it could pose to their financial security. The 5.4% rise in the consumer price index in the last year...
Postponing your claim could make for a more comfortable retirement. When it comes to signing up for Social Security, you get a choice. You can take benefits once you turn 62. But if you don't wait until full retirement age (FRA) to file for Social Security, you'll have to accept...
It's natural to be concerned about your future finances. But today's retirees are doing surprisingly well. If you're worried you won't end up with enough money to retire on, you're in good company. Recent Gallup data finds...
Among the chief proposals to fix Social Security before a major funding source runs out of money is to have wealthy Americans pitch in through higher taxes and lower benefits. One way to do that is through the so-called “Buffett Rule,”...
When is it time to talk to my children about money? It is a good idea to start educating your children about money when they are young. If they are old enough to ask for a toy or a bicycle, they are old enough to start learning financial lessons that...
Every passing day brings you a little closer to retirement, but if you haven't taken steps to prepare for it, this thought may bring you more anxiety than comfort. It's not as difficult as you think to ease that anxiety, though. If you do the following three things right...
Americans are getting crushed by inflation across the board, but one area that isn’t regularly addressed is energy prices. CPI data released Friday morning detailed that in the past year, the energy index soared 34.6%. In May alone, the energy index jumped 3.9%, natural gas rose 8% and the...
The seven-figure club is growing fast as America adds millionaires to its ranks at a record pace. New data from Fidelity shows that the first quarter of 2024 saw great growth among two-comma 401(k) balances, and the latest crop of million-dollar...
If you want to grow your net worth, saving as much of your income as possible is a good start—but it’ll only get you so far. To truly maximize your income’s potential, you’re going to have to do more...
CORVALLIS, Ore. – In a world of increasing climate change and the invasion of more exotic insects and pests, sustainable gardening is more important than ever. We can all do our part to help by changing our practices –...
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