Social Security Retirees Will Face Historical Changes in 2023
Social Security can help make retirement more reasonable, but with inflation on the rise, living on a fixed income is becoming increasingly difficult.
Here’s what to expect in 2023.
retirement
What You Need to Retire In 2023
Anyone nearing retirement must believe they are doing so at the worst time. As you approach retirement, a portfolio is at its peak just before savings are withdrawn. The S&P 500 is down 20% this year, and most portfolios have lost value.
You can still retire click on the link to see how.
How the Great Resignation Changed Retirement
While it was a good year for launching businesses, it was a lousy year for hiring. By 2021, more than 47 million Americans will have left their jobs willingly, according to the Bureau of Labor Statistics. This reflects an unequaled workforce mass exodus prompted by the pandemic, known as the Great Resignation.
The Best Method to Combat Inflation
Are you wondering how to combat inflation? Does it keep you up at night? Are you on a fixed income? You seem to be making less money, and everything seems to have gotten more expensive. You are not alone with these thoughts.
Good News, Medicare to be More Affordable in 2023
Medicare Part B rates will be reduced in 2023 for the first time in more than a decade, according to the Centers for Medicare and Medicaid Services.
How to Bear Market Proof Your Investments
The state of the economy is causing a lot of anxiety among investors right now. Some people are concerned that they won’t have enough money to retire because of rising inflation and the recent bear market. Financial advisors may put their customers at ease by outlining the steps they should take to prepare their investments for retirement.
Why U.S. Retirement Falls Short in the Developed World
Even though the U.S. retirement system may seem good, it is not as good as those in other developed countries. According to the Investment Company Institute, Americans saved more than $39 trillion for their old age in 2021. In many global retirement rankings, like the Mercer CFA Institute Global Pension Index and Natixis Investment Managers 2021 Global Retirement Index, the U.S. does not even rank in the top 10. For example, the United States got …
Scammers Use Zelle to Target Your Side Hustle
The Better Business Bureau (BBB) has issued a fraud notice for those individuals who sell their wares on Facebook Marketplace. Users of Facebook Marketplace should be wary of scams involving Zelle, in which fraudulent purchasers attempt to acquire expensive things using the popular peer-to-peer lending app Zelle.
Why You Need an Estate Plan?
A lot of people believe that estate planning is only necessary for the rich. An early estate plan, however, may assist assure a stress-free retirement. Remember that proper estate planning will go a long way toward protecting and growing your assets over time.
Are You Thinking About Retiring and Moving Overseas?
At this time of year, lists from expatriate associations, financial investment companies, and global real estate advisers rank the best places to live for Americans who want to leave the country.