Retirement

Topline The stock market moved slightly higher on Thursday—clawing back some of its losses from earlier this week—as investors continued to assess recent comments from Federal Reserve officials on the central bank’s plan to combat surging inflation. Key Facts Stocks finished positive, rebounding somewhat from this week’s losses: The Dow Jones Industrial Average rose 0.3%,
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Many people are retiring early. The St. Louis Federal Reserve reported that upwards of 3 million Americans retired early due to the COVID-19 pandemic. If you weren’t among that group that retired early, it’s good to remain working for a bit longer if you can for two main reasons: (1) working one extra year is
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Topline With numerous Federal Reserve officials sounding the alarm on inflation, minutes from the central bank’s latest monetary policy meeting released Wednesday hinted at bigger interest rate hikes ahead this year and outlined a plan to reduce its balance sheet by $95 billion per month. Key Facts Federal Reserve officials, who last month raised interest
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I was 64 on New Year’s Eve 2015, when I worked my last shift at the Chicago Tribune. I packed up my cubicle, turned off the lights and – just like that – dropped the curtain on one of the most rewarding chapters of my life. At first, I was giddy with all the freedom
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Yet Another Tax Proposal The Biden administration released its budget and tax proposals on March 28, 2022. This is called the “General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals,” or more affectionately the Greenbook. Should you care? Honestly, who knows. Speakers at a major estate planning conference speculated that it was unlikely for
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Most people worry about their financial future and yet basic financial education is excluded curriculum from high school to university Building Financial Confidence The need for individual confidence in personal financial planning has never been more paramount. Managing debt, navigating ever changing economic conditions, investment risks, rising inflation, and the increasing need to build a
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By Lazetta Rainey Braxton, Next Avenue As a “preacher’s wife” (so vividly portrayed by Whitney Houston in a cinematic classic), I have witnessed many funerals where confusion and animosity clouded a celebration of life due to the proper lack of estate planning. Specifically, when there is no will in place, all hell tends to break
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By Kerri Fivecoat-Campbell, Next Avenue Jane Coloccia is no stranger to moving long distances, having moved in 2014 from New Jersey to southern California. When she picked up the phone to hire a moving company earlier this year to relocate from California to northwest Oregon with her husband, Victor Teixeira, and their small dog, Sophie,
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