You’ve likely heard how important it is to save up as much as you can for retirement. After all, you don’t want to end up overly dependent on Social Security once you retire. Even if you get the absolute most out of Social Security benefits, they’ll only replace around 40% of your pre-retirement income. And, […]
September 30th was the last day for Congress to fund the government. Thankfully, a last-minute agreement was passed by the House and Senate before it expired, funding the government through November 17th. This narrowly avoided a government shutdown. But, what happens when November 17th comes? And how would it affect you, as a pre-retiree or
What Would a Government Shutdown Mean for You? Read More »
Economic experts, investors, and the Federal Reserve have been warning for the past year or so that a recession is coming. A recession is an economic downturn characterized by a significant and sustained decline in economic activity throughout the country. Recessions can be caused by various factors, including financial crises, external shocks (such as natural
Recession Pushed to 2024? Read More »
After you lose a loved one, it’s normal to experience feelings of grief for a long time. You may even feel this way for years following the loss: Grief affects different people in different ways. However, it’s important to distinguish between this feeling, and what mental health experts have called “prolonged grief disorder,” or PGD.
What is Prolonged Grief Disorder? Read More »
An ever-growing number of older Americans have been continuing to work past the traditional retirement age. This is done either because they can’t afford to retire sooner, an unfortunate possibility many face, or by choice. Continuing work into your 70s does come with several benefits. We’ll discuss some of those benefits with you today: If
Should You Continue to Work Into Your 70s? Read More »
The Social Security Administration periodically analyzes the financial security of the program, and adjusts various factors to ensure its sustainability. However, it’s suggested by many reports that it will suffer a benefit reduction in 2033. It’s therefore no surprise that most millennials have said they won’t be factoring Social Security into their retirement strategy. After
The Future of Social Security Benefits Read More »
Cost of Long-Term Care…You’ve worked for a long time to make sure that you and your family will be protected financially. And, you’ve done everything you can to prepare for any surprises that the future might bring you. But, even the most well-thought-out financial strategy might not be able to prepare you for the potential
Cost of Long-Term Care Read More »
Banks are failing…is your money safe? The recent failures of both the Silicon Valley Bank and Signature Bank in New York have led to many Americans being concerned. Now, this concern is natural. If something similar happens to your bank, how safe is your money? Well, we’d like to reassure you: Generally, money kept in
Banks are Failing… Is Your Money Safe? Read More »
