Retirement

Earlier this month, the National Academy of Social Insurance released its new report, “Economic Security for the 21st Century.” It came out of the Academy’s 2019 – 2021 Economic Security Study Panel, the goal of which was to “assess economic insecurity and present policy options to better provide stable and adequate income,” with twin objectives

All economists know that lowering prices by creating recessions hurts the most vulnerable and makes inequality worse. We would welcome a tool that helps boost savings and wealth for the non-rich in times of inflation. Larry Marsh is getting attention for his proposal to slow inflation humanely with digital currency accounts held at the Federal

Topline The share prices of U.S. gun- and ammunition-makers shot up Thursday after the Supreme Court struck down a New York law restricting concealed carry, the widest expansion of gun rights in over a decade that could lead to further rollbacks across the nation. Key Facts In a 6-3 ruling on Thursday, the U.S. Supreme

If you’re approaching retirement or have recently retired, you might be concerned that the recent decline in the stock market or high inflation could derail your retirement. And indeed, there are good reasons to pay attention in today’s uncertain environment. But instead of being paralyzed with worry or making the wrong moves, channel your fear

Topline The stock market rebounded strongly on Friday, posting its first positive week this month as recession fears subsided somewhat thanks to positive economic data suggesting that inflation may have peaked, while some experts expressed optimism about the health of the economy. Key Facts Stocks snapped a three-week losing streak on Friday: The Dow Jones

Topline The Federal Reserve’s “heightened sensitivity” to rising inflation expectations could be triggered by a barrage of political ad campaigns that are expected to highlight surging consumer prices ahead of the midterm elections in November, analysts at Goldman Sachs warned on Friday, adding that the central bank may feel “compelled” to keep hiking rates aggressively.

Some elders live in multi-generational households and family is always nearby. Most do not and millions of seniors live far from their families, on their own. Whether widowed or living with a spouse or partner who is also impaired, the aging parent can create incessant worry for their adult children. No one wants to take

So, What estate documents do you really need to have? Here’s a list and explanation of each. If you’re missing anything or not certain what you have or whether you need more, call your estate attorney, and follow up. If you don’t have an estate attorney, ask your CPA or wealth adviser for a referral.

Topline With oil prices down this month, billionaire investor Warren Buffett is once again buying the dip by adding to one of his favorite energy stocks, as his investing conglomerate Berkshire Hathaway purchased roughly $500 million worth of Occidental Petroleum shares this week. Key Facts Buffett’s Berkshire Hathaway purchased roughly 9.5 million shares of Occidental

Topline Stocks fell on Wednesday as a growing number of major Wall Street firms warned that the likelihood of a recession has risen sharply, predicting that markets could tank even further as the Federal Reserve aggressively raises interest rates to combat inflation. Key Facts The market’s rebound from a day earlier petered out as stocks

Topline Federal Reserve Chairman Jerome Powell pledged in testimony before Congress on Wednesday that the central bank is “moving expeditiously” to raise interest rates and remains “strongly committed” to doing so until there is “compelling evidence” that inflation is normalizing. Key Facts In his semiannual testimony on monetary policy to Congress, Powell faced questions from

There are so many books, articles, podcasts, and shows about planning for retirement that it might seem overwhelming to you. With so much information coming at you, it’s possible to lose sight of your overall strategy and not see the forest for the trees. To help you focus on the most important decisions, you’ll want

Topline Energy stocks once again outperformed the rest of the market as oil and gas prices remain elevated due to inflation; despite ongoing risks to tight global supply such as Russia’s invasion of Ukraine, some experts are now predicting that prices will decline by next year. Key Facts Energy prices have been surging in recent

The period when you transition into retirement is one of the most critical times of your life. It’s comparable in importance to the period when you transitioned into adulthood, roughly between ages 20 and 30. Think about it: Your decisions during that time put your life on a course with implications that have likely lasted

Topline Stocks moved higher on Tuesday as the market attempted to recover from its worst week since March 2020, despite the fact that investors widely remain nervous about surging inflation and rising rates leading to a recession. Key Facts Stocks bounced back somewhat after a heavy week of losses: The Dow Jones Industrial Average rose

Health experts anywhere, including those in the Federal government tell us we need to move more, sit less and eat a healthy diet, especially as we age. Yet, the majority of adults over 65 aren’t following these guidelines. What’s stopping ordinary folks from following this advice? Over half of American seniors are not getting the

By Nancy Collamer, Next Avenue Serving on a corporate board of directors can be a rewarding second act, especially if you’re eager to keep learning and earning after retirement. But finding and landing a corporate board seat isn’t easy. Debra Boggs, a job search and resume expert who helps executives find board seats, offered some

By Richard Eisenberg, Next Avenue We all want value when shopping for a car, a home or a college for our kids. So, it seems only natural that value-based health care — where health care providers get rewarded with bonus payments for better patient health outcomes and penalized for poorer outcomes — would be a

By Randi Mazzella, Next Avenue Years ago, Tracy Beckerman moved from New York City to the suburbs of New Jersey with her husband to raise her two children. But when the kids grew up and left the nest, her husband urged her to move back into the city. “He is a musician and works in

Topline With stocks falling into a bear market this year amid fears that aggressive rate hikes from the Federal Reserve will plunge the economy into a looming recession, top firms on Wall Street are advising investors to stick with stocks that have historically performed well during past downturns, such as consumer and healthcare companies. Key