Catherine Ziegler | Digital vision | Getty Images As inflation kept prices high in 2022, Social Security recipients can expect a record cost-of-living adjustment in 2023. “Your Social Security benefits will increase by 8.7% in 2023 due to an increase in the cost of living,” the Social Security Administration says in the annual statements it …
Money / Financial Planning Eva Katalin/Getty Images It seems the older you get, the faster the holiday season sneaks up on you. While that may mean happy get-togethers and festive cocktails, the end of the year also signals that it’s time to do some financial cleaning. Looking back: 2022 in review Retire at any age: …
It’s time to take stock of your personal finances in 5 points at the end of the year Read More »
Tim Robbert | Digital vision | Getty Images Finding enough money for retirement is a challenge for all workers. Women are 50% more likely to say they are late, compared to 35% of men, according to a new report from Goldman Sachs. In addition, 24% said they were “very late”, compared to 14% of men. …
By Mary Helen Gillespie ‘Shannon’, 61, from New Hampshire, describes the financial lessons learned after her 33-year marriage ended. What was the financial impact of your divorce on your retirement plans? Drastically. I don’t really have any retirement plans. Did you hire a financial advisor, CPA or other financial professional to help you plan for …
Women, divorce and retirement: Divorce puts retirement on hold – permanently Read More »
Thomas Barwick | Digital vision | Getty Images Many families struggle to come up with money when faced with an unexpected $400 expense. This lack of emergency savings may force them to borrow money at high interest rates to pay for the surprise expense, putting their financial security at risk. Congress now has a window …
How Congress can make it easier to set aside money for emergency spending Read More »
Opinions expressed by Entrepreneur the contributors are theirs. In generations past, children needed to understand how to balance a checkbook and smooth out a budget. But thanks to modern technology, checkbooks have been replaced by online banking, apps have replaced paper budgets – and the changes don’t stop there. At almost every turn, other new …
