Retirement

Looking to an u unknown future getty Are you prepared to live a long time? You should be because many Americans are now living well into their 90s and 100s. If you are over 60, you can probably remember a time when a radio personality by the name of Paul Harvey used to wish a

getty Choosing to work with a financial planner is one of the bigger decisions many will face. The hard part starts when choosing what to look for in an advisor and firm. To start, there is not necessarily an agreed upon title when making your search. You could see titles such as financial advisor, financial

getty If you’re like most employees, one of the most important decisions that will impact your financial future has already been made for you. In 2006, Congress passed the Pension Protection Act. Despite the law’s name, it represented a watershed event for retirement savers using a 401(k) plan. It allowed employers to change how employees

The next step is to see how upside potential develops through a participation rate. The insurance company can use the remaining funds to buy a one-year at-the-money call option on the S&P 500 index. This is a financial derivative that provides its owner with the right, but not the obligation, to buy shares of the

UNITED STATES – OCTOBER 31: Rep. Darin LaHood, R-Ill., arrives to the Capitol before the House vote … [+] on an impeachment inquiry resolution on Thursday, October 31, 2019. (Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images) CQ-Roll Call, Inc via Getty Images In the news today: “Congressman Darin LaHood (R-IL) today introduced the

A retiree walks up stairs after voting at the Greenspring Retirement center during the mid-term … [+] election day in Fairfax, Virginia on November 6, 2018. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo credit should read ANDREW CABALLERO-REYNOLDS/AFP via Getty Images) AFP via Getty Images What Older Voters Want Might Want To Hear From Candidates

Getty It’s time, once again, for the Truth In Accounting Financial State of the States report, in which they rank each of the 50 states by its available assets or, conversely, its indebtedness, on a per-taxpayer basis. And, yes, due to the exceptionally long time that many states take to release their consolidated financial reports

getty Benjamin Franklin was arguably the most successful person who lived in colonial America. There are many lessons to learn from his biography, but the following nugget of wisdom about choosing principles over luxury is timeless. The story goes that a man came to Franklin wanting to publish an article in Franklin’s newspaper, The Pennsylvania

Americans receive emergency payments stimulus checks government US 100 dollar bills currency on … [+] Global pandemic Covid 19 lockdown getty The House and the Senate haven’t been able to come to terms on the next stimulus bill. This month promises to be busy with next year’s spending bill, the possible vote for a new

Topline Wall Street analysts warn that the death of Supreme Court Justice Ruth Bader Ginsburg—and the ensuing battle over her successor—will engulf Washington and further decrease the likelihood of another fiscal stimulus bill to help the economy recover from the coronavirus recession. House Speaker Nancy Pelosi (D-Calif.), Senate Majority Leader Mitch McConnell (R-KY) and Senate

By Diane Eastabrook, Next Avenue Contributor Blue and Bill Reeves, of Starkville, Miss., and friends Courtesy of Blue and Bill Reeves Autumn is making its way into State College, Pa. home to Penn State University. The days are shorter, the nights are cooler and trees are beginning to burst with color. But for local retiree

M How contact tracing works. getty My friend Chris recently told me that she got a call from the city health department. She may have been in close contact with someone who tested positive for COVID-19. The city official asked about symptoms and encouraged her to self-quarantine for 14 days.  This is called contact tracing, a way

The end of the era of Ruth Bader Ginsburg has meaning for many. Trailblazer, fierce advocate for equal rights for women, and icon of dignified feminism, RBG will be deeply missed. Her personal life was an example of a marriage on equal footing for both partners. Her husband Marty did many of the tasks people

By Marguerite Lorenz, Professional Trustee and Executor and Next Avenue Contributor getty When do you need your estate plan to “go to work” for you? While you may think the right answer is “after I die,” the actual answer is “if I lose the ability to manage my own affairs.” That means having the right

WASHINGTON, DC – SEPTEMBER 17: U.S. President Donald Trump walks to members of the press to answer … [+] questions before departing the White House on September 17, 2020 in Washington, DC. Trump is scheduled to travel to Wisconsin for a campaign event. (Photo by Win McNamee/Getty Images) Getty Images When the Senate returned from

getty Your investment future is, in part, tied to the futures Earlier this year, Bespoke Investment Group published a study that said something many investors will find either confusing, disappointing or both. All of the S&P 500’s gains since 1993 have not occurred during the main trading day. Specifically, they said that buying the S&P

getty On March 18, 2020, the “Families First Coronavirus Response Act” (“FFCRA”) was enacted. This means that the Government will pay Employers to provide paid time off for certain virus related situations.  As discussed in my blog post dated March 20, 2020, two separate provisions were established to provide paid leave for employees absent from

Will COVID help or hurt your finances? Emma Slater, Sharna Burgess and Peta Murgatroyd are seen … [+] arriving at ‘Dancing With The Stars’ Studios on September 17, 2020 in Los Angeles, California. (Photo by fupp/Bauer-Griffin/GC Images) GC Images The impact of the Coronavirus on people’s finances may vary, depending on who you speak with.

Charlie Campbell accompanies his mom Dorothy Campbell to see her husband Gene Campbell through his … [+] room window at the Life Care Center nursing home in Kirkland, Washington. (Photo by JASON REDMOND/AFP via Getty Images) AFP via Getty Images A national Coronavirus Commission on Safety and Quality in Nursing Homes has identified more than

By Richard Eisenberg, Next Avenue Managing Editor getty A huge concern for people as they approach retirement and when they’re in retirement is: How can I ensure I don’t outlive my money? One way to try to avoid that unsettling prospect is to figure out ways to spend less in retirement so the money you