Stock Markets All major indexes are up for the week. The 30-stock Dow Jones Industrial Average (DJIA) inched up by 0.42% while the Total Stock Market gained by 0.52%. The broad S&P 500 Index gained 0.56% and the technology-heavy Nasdaq Stock Market Composite climbed by 0.83%. The NYSE Composite added...
Not to alarm you, but have thought long and hard about whether you’ll have enough money to live on when you retire given the rising cost of living? According to the findings of the Employee Benefit Research Institute (EBRI) “Spending in Retirement 2024” report, nearly half of the 3,600 retirees...
With a little over a month left until Christmas and the New Year, many retirees and beneficiaries of public assistance are starting to look to the future and plan how the 2025 cost of living increase (COLA) they will receive in January will help their finances and Social Security checks. The adjustment happens...
The Social Security Administration (SSA) has announced a 2.5% increase in monthly benefits for the 2025 Cost-of-Living Adjustment (COLA). While intended to help beneficiaries keep up with inflation, many are concerned that the adjustment falls short of covering rising living expenses. This has sparked disappointment among retirees who heavily depend on these benefits as...
There's a broader line between busy and bored in retirement than you might expect. It hardly takes a genius to figure out that our perception of the time-space continuum can wobble madly as we age. Grasping this new worldview is difficult, but it can help pave the road to...
When Americans measure success, they’re not often thinking about their net worth or account balances. About 59% of polled Americans say that happiness — specifically, the ability to spend money on things that make them happy — is the most important benchmark of success, according to a new report by...
The holidays are upon us and so is the busy shopping season. According to research from Vericast, 74% of people plan to do their holiday shopping in November. According to a new survey, 24% of people say they plan to spend more than last year, but just over a third...
Helping your teens and adult kids get started saving for their future can give them a tremendous advantage in the future. Here are a few ways you can help them start off on the right foot, in no particular order. 1. HSA opportunities for everyone Health savings accounts (HSAs) have a...
According to the 2024 UBS Global Wealth Report, the U.S. is home to more than 22 million millionaires. That’s about 1 in 15 Americans claiming membership in the two-comma club. Some, of course, got rich the old-fashioned way — they inherited it — but most built their wealth from scratch....
Energy prices have increased this autumn and are set to rise further in January as Ofgem announced it was raising the price cap by 1.2%. As well as driving up the average energy by £21 a year, it...
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