Retirement Planning According to a recent poll, roughly half of couples disagree on how much money they should have saved by retirement. ¹ New study suggests, however, that couples who work together on financial planning are happier and more successful in retirement. Couples who score high on cognitive interdependence (meaning they think of themselves as… Continue reading Is It Possible to Relieve Financial Worries?
Investors witnessed one of those typical but nerve-wracking stock market pullbacks in mid-to-late January. Inflationary pressure, potential monetary policy adjustments, and geopolitical concerns all conspired to send the stock market into a tailspin. 1 If there’s one thing investors should remember, it’s that none of this was completely unexpected, and that a market reset may frequently lead… Continue reading Are You Having Market Jitters?
As America’s workplace evolves, one thing that has become clear is that the work-from-home (WFH) model has shown to be productive and even cost effective in many circumstances. Many businesses with major investments in their office buildings and campuses, on the other hand, are unlikely to want their staff to work from home indefinitely. Working… Continue reading What Retirement Options Do I Have If I’m Self Employed?
COVID-19 fear erupted again towards the end of the year, sparked by the emergence of the omicron form in the United States. During the Christmas season, families and friends gathered in large groups, the weather became colder, forcing people indoors, and hospitals became overburdened with new coronavirus cases. It resulted in a jumbled and chaotic… Continue reading What Are Some Good Reasons To Be Positive For This Year’s Economy?
The pandemic has added a new factor to consider when considering whether to retire. After losing their employment, some near-retirees chose to call it quits. Others were more concerned about their health and decided that it was preferable to retire while they were still healthy. Others, however, have utilized the crisis to re-evaluate their careers… Continue reading What’s In Store for Boomers and Retirement?
Employers took up much of the cost of weekly COVID testing, insurance coverage, and paid leave for ill and quarantined staff when many workers returned to their workplaces this autumn. These additional costs might result in increased insurance premiums for everyone. However, some businesses are taking steps to mitigate COVID-related costs for employees who are… Continue reading How Might You Be Affected by Health Care Changes in a Post-COVID Era?
If you’re coming closer to the retirement date you envisioned but haven’t been able to save anything toward it, you’re not alone. According to financial gurus, this is a pretty frequent circumstance. “I believe it’s almost taboo to talk about it,” says Cory Phillips, a financial advisor at Fort Pitt Capital Group in Pittsburgh who… Continue reading Great Ways to Catch Up On Your Retirement Funds
When it comes to converting retirement savings into lifetime retirement income, many retirees and advisers follow the 4 percent rule: withdraw 4% of savings in the first year of retirement and increase it by inflation each year to maintain purchasing power (although, given today’s low yields and expected returns, some are reducing that initial draw… Continue reading Annuities or Portfolio Withdrawals: Which Produces More Retirement Income?
Microeconomics is a social science that investigates the consequences of incentives and actions, particularly how they impact resource usage and distribution. Microeconomics explains why and how various things have varying values, how individuals and corporations conduct and profit from efficient production and exchange, and how people may effectively coordinate and cooperate with one another. Microeconomics, in general,… Continue reading What Exactly Is Microeconomics?
Lockdowns in several countries across the world, as well as a dramatic rise in unemployment in the United States, have caused a 30 percent decrease in stock values since March. However, despite statistical estimates of much weaker, possibly negative economic growth and company profits for 2020, stock prices have recently rebounded, surprising many. This stock… Continue reading The Stock Market’s Recovery Could Be Due to Liquidity Injections
