Retirement

Topline The stock market struggled for direction on Friday after brutal selloffs in recent days, with the benchmark S&P 500 on track for its worst week since March 2020 as investors brace for a looming recession. Key Facts Stocks were mixed after several sharp selloffs earlier this week: The Dow Jones Industrial Average fell 0.1%,

By Leslie Hunter-Gadsden, Next Avenue The means of marketing a business comes in many forms but with the number of times a day that prospective customers check their social media platforms, it is a good idea for small business owners to at least explore using social media to spread the word about their startup. Platforms

Topline Markets tanked on Thursday as recession fears surged once again, with stocks reversing gains from the previous session when the Federal Reserve announced it would hike rates by 75-basis-points, the biggest increase since 1994, in a bid to combat surging inflation. Key Facts Stocks fell after rebounding a day earlier: The Dow Jones Industrial

Share to Facebook Share to Twitter Share to Linkedin Long-term savers can be thankful that interest rates are higher. They’re finally getting a real return. I f you have a chunk of retirement money in bonds, you’re probably feeling miserable. This year’s spike in interest rates has wrecked what was supposed to be the safe

Are high-net-worth investors more at risk of suffering investment fraud because of their wealth? Attorney Niel Prosser of Prosser, Clapper & Johnson Law of Memphis, Tenn., believes they might be. Prosser, a litigator, explained that those with wealth can be at the greatest risk of possible fraud. A Litigator’s View This is a position that

Medicare Advantage (MA) managed care plans have the potential to vastly improve care for older adults in the US. A fully-integrated health model that combines primary and specialty care, physical therapy, hospital care and even some limited personal supports could improve the quality of life for patients and save the government a substantial amount of

Topline The stock market moved higher on Wednesday after the Federal Reserve raised interest rates by 75 basis points—the largest increase in 28 years, while Fed Chair Jerome Powell also signaled that the central bank could raise rates again by the same magnitude at an upcoming meeting next month. Key Facts Stocks rebounded on Wednesday

On World Elder Abuse Awareness Day, June 15, we are reminded of the extent of this issue. There are endless reports in the press about yet another vulnerable elder who got ripped off by an unscrupulous financial manager, wealth advisor or other in a position of control over money. What we don’t see in the

Share to Facebook Share to Twitter Share to Linkedin The stock market carnage this year continues to get worse, with the S&P 500 recently falling into a bear market amid rising fears of a looming recession. Investors have grown increasingly concerned about the Federal Reserve’s ability to achieve a “soft landing”—bringing down inflation without plunging

For as long as any of us can remember, our chronological age has been front and center in our lives. It started with birthday parties when we were very young and, probably thanks to the greeting card industry, birthday celebrations continue as long as we live – and sometimes beyond. Just last month, some family

Once you’ve been on this Earth for half a century, it is time to get serious about your retirement and financial planning. For many, your 50th birthday is a kick in the butt to really start thinking about the future. When will working become optional? Can you afford the bucket list trips? Even where will

Topline The cryptocurrency market fell victim to a massive selloff on Monday as several large exchanges either halted sales or announced layoffs, and with Bitcoin plunging to its lowest price in 18 months, experts warn that the ongoing “bloodbath” will only result in more selling pressure on stocks. Key Facts The price of Bitcoin dropped

When your parent is losing independence, and you can see what’s coming, you may question yourself. Am I supposed to do something about this? I really don’t like this person! He/she was not a good parent! Why should I have to take this on when my parent was so nasty to me growing up? There

In the news last week: “Sanders, Warren propose bill to extend Social Security’s solvency for 75 years, increase benefits by $2,400 per year.” As reported by CNBC, Senators Bernie Sanders (I-VT), and Elizabeth Warren (D-MA) introduced their latest version of a Social Security expansion and solvency bill, the Social Security Expansion Act. It has many

Today’s Social Security column addresses questions about when you might need to and when you can file retroactively, how disability benefits are calculated versus standard retirement benefits and reduction rates for filing early. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more

Share to Facebook Share to Twitter Share to Linkedin The CPI-linked savings bond isn’t all it’s cracked up to be. TIPS offer slightly better protection from inflation. Personal-finance pundits love those I bonds. Suze Orman: “The No. 1 investment that every single one of you should have no matter what.” Burton Malkiel: “Absolutely superb.” Last

Updating Your Estate Plan: Signs Your Long Past Due So, you signed a will a few decades ago and don’t want to think about estate planning because estate planning is less fun then getting a root canal. Estate planning, you think, is about dying and that’s not particularly enjoyable. It’s also complicated stuff and you

Topline Global markets have recently benefited from positive news out of China, which is lifting coronavirus lockdown restrictions in Shanghai and reportedly easing regulatory crackdowns on its tech sector, leading some experts to up their exposure to Chinese stocks as they bet on an economic rebound. Key Facts With infections trending steadily down, China’s rollback

Topline Stocks plunged on Thursday as recession fears continued to weigh on markets and investors nervously looked ahead to a closely-watched consumer price index reading due Friday, with ongoing concern that inflation could come in higher than expected. Key Facts Stocks fell for a second day in a row: The Dow Jones Industrial Average lost

Topline Shares of energy giant Exxon Mobil surged to a new all-time high on Wednesday, continuing a stellar run this year on the back of rising oil and gas prices, which analysts warn could remain elevated well into late 2022. Key Facts Shares of Exxon Mobil jumped over 1% to a new record high on