While more than18 million people in the U.S. continue to collect unemployment benefits, the pandemic has led some more fortunate American workers to save money and even plan for an early retirement.
The transition to remote work while earning a pre-pandemic...
So how much do you make?
It’s a loaded, deeply personal and often uncomfortable question. Along with our weight and age, our salary is a number to which we’ve assigned almost incomparable value.
And, when we’re asked, what many of us really hear is this: What’s your worth as a person?
“Money...
The answer is more complicated than you might think.
The maximum possible Social Security benefit in 2023 is $4,555 per month, which translates to $54,660 in annual, inflation-protected retirement income. This might sound like an excellent paycheck after you retire, but what do you need to do to get it?
Of...
Every year, the IRS adjusts the maximum amount taxpayers can contribute to tax-advantaged retirement savings plans to reflect increases in the cost of living.
Inflation was so low in 2020 that the maximum you can contribute to retirement savings...
If you're unhappy with your salary at work, you're in good company. In a new study by staffing firm Robert Half, 46% of employees feel they're underpaid for what they do. Not surprisingly, women are more likely to report feeling underpaid than men, which no doubt ties into the...
How would you handle early retirement? Instead of having years of investment and growth left, what if you had to start living on your retirement accounts tomorrow? More importantly, what if you had no choice in the matter?
A financial advisor can help you prepare for life’s curveballs, including forced...
The CDC has found that average U.S. life expectancies have risen for the fifth year in a row. Specifically, that number has climbed from 78.7 years in 2018 to 78.8 years in 2019.
This is good news in theory...
There’s no question that Social Security is a cornerstone of retirement income for many Americans. Yet, deciding when to take Social Security benefits is something that many people struggle with.
As with most financial decisions, the right move depends on a variety of factors unique to each individual. If you...
Delaying saving for retirement by even a few years could potentially cost you hundreds of thousands of dollars.
Saving for retirement is never easy, but with inflation staying stubbornly high and experts still warning about a potential impending recession, it can be even more challenging right now. Unfortunately, putting it...
Americans are coping with a lot of financial stress. While this isn't surprising during the time of coronavirus and the resulting recession, the reality is that millions of people had concerns about the state of their finances before the pandemic -- and they're likely...
