Aug 23, 2022 | Investments, Retirement Planning
SPENCER PLATT/GETTY IMAGE I recently talked to one more reporter who commented that our current inflation situation must be particularly hard for retirees who “live on fixed incomes.” The fact of the matter is that Social Security is the major source of retirement...
Aug 19, 2022 | Retirement Planning
GETTY IMAGES New 401(k) statements will start helping you figure how much income you’ll get, but it may be overly conservative. It’s possible that the new lifetime income projections sent to employees will disappoint them. You probably have money saved up for...
Aug 12, 2022 | Retirement Planning
Photo: Steve Adcock I wasn’t born rich. We did not start our own business. Neither of us inherited a substantial amount of money. We didn’t even have side hustles at the time. We accumulated wealth the old-fashioned way — by working hard and making strategic financial...
Jul 26, 2022 | Investments, Retirement Planning
GETTY IMAGES/ISTOCKPHOTO 5 lessons from an ugly 6 months Over the July 4th holiday weekend, investors were bombarded with headlines announcing “the stock market’s worst first-six-months in 50 years” and “Tech stocks lose $1.6 trillion in worst streak in six months.”...
Jul 22, 2022 | Retirement Planning
Anyone on a fixed income has been hit hard by inflation Good news ahead? Good news. Sort of. If you’re retired or just about to retire, next year’s Social Security checks are likely to see one of the biggest bumps on record as a result of surging consumer prices. The...
Jul 19, 2022 | Financial Planning, Retirement Planning
Use these discussion points in your midyear review. GETTY IMAGES/ISTOCKPHOTO Given today’s challenging markets and unprecedented economic circumstances, a midyear review of your investments and wealth plan takes on a heightened sense of urgency this year. Stock prices...
