Financial News

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Annuities or Portfolio Withdrawals: Which Produces More Retirement Income?

March 29, 2022

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…

Working Past the Age of 65 Can Affect Your Social Security and Medicare Benefits

March 28, 2022

“Retirement” is just altering where or how you work for a rising number of Americans. According to TD Ameritrade, more than half of Americans in their forties and fifties anticipate to continue working beyond retirement. This includes 86 percent of adults in their 50s, and a whopping 92 percent of those in their 40s anticipate…

Is the Stock Market the Economy?

February 26, 2022

“The stock market is not the economy,” business writers and economists declared during the COVID-19 recession. According to the Internet Archive, which has a vast library of cable news transcripts, guests on cable news networks — CNBC, CNN, Fox News, MSNBC, and others – said the phrase roughly 100 times in the last year. This…

What Exactly Is Microeconomics?

February 21, 2022

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,…

The Stock Market’s Recovery Could Be Due to Liquidity Injections

February 16, 2022

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…

Making Financial Preparations for Becoming a Parent

February 11, 2022

Raising a kid comes with its own set of problems, including being in charge of another person’s life. Health After your kid is born, one of the first things you should do is enroll them in your health insurance plan. In most circumstances, you have 30–60 days to enroll a new kid, during which time…

A Long-Term Care Plan That Offers More Than Just Hope

January 31, 2022

Many families do not plan for long-term care until a family member need it right away. While emergency long-term care planning is feasible, the optimum time to consider long-term care is before you (or a loved one) require it. When you plan ahead for a prospective need, you’ll have more time to learn about the…

What Kind of Life Insurance Do I Require?

January 29, 2022

Life insurance is crucial, and it’s worth having even if you don’t think you’ll need it. If you agree, but you’re also asking, “How much life insurance do I need?” You’re not the only one who feels this way! We can’t tell when our time is up, but we can decide how much of a…

Questions You Might Find Important To Consider If You’re Deciding Whether Or Not To Retire

January 27, 2022

Where you live in retirement might have a significant impact on your total financial strategy. “Where do I want to retire?” is one of the most fundamental questions people must ask themselves when considering retirement. Will you be content in a new location? The response will differ from one person to the next. So, what…

Is It Possible to Get a Mortgage After Retirement?

January 25, 2022

You may need a mortgage after retirement if you plan to relocate, downsize, or eventually move into your ideal house. Those on a fixed income, however, may find it difficult to qualify for a home loan. Nonetheless, creditworthy homebuyers can acquire a new home using income from retirement accounts and other investments. Suggestions that might…

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