If your portfolio contains T-Bills, some good news, it is the first time in 15 years that investors can earn nearly 4% on U.S. Treasury notes, while returns on some money-market funds have reached 2% and are set to rise further. At the beginning of 2022, these yields were almost nonexistent.
Chicago, IL – As the city prepares to bid farewell to Chief Meteorologist Tom Skilling after 45 years, the community is coming together to celebrate his impressive career. From special shoutouts to heartfelt messages, the city is abuzz with gratitude for the beloved weatherman. Located in Chicago’s Lincoln Park neighborhood, The Wiener’s Circle joined the chorus of well-wishers by paying tribute to Skilling on their marquee. The gesture not only highlights Skilling’s impact on the …
Millions of other Americans, especially millennials, who believe Social Security will barely cover a portion of their retirement requirements. Right now, all this money that everyone is paying is going to the baby boomers, who are spending it to enjoy their life.
A happy retirement requires more than money. Here are seven things happy retirees do besides save for retirement.
Here are seven habits that can boost retirement happiness.
Strong plans for retirement and estates always take into account bad times. We can’t deny that inflation is a big deal these days. It seems like inflation has reached every part of consumers’ lives, from the gas pump to the grocery store to the mall.
New York, NY – Achieving a $1 million retirement portfolio may seem like a distant dream for many, but recent estimates show that only 3.2% of Americans have managed to reach this milestone by the end of the last decade. Surprisingly, these individuals are not privy to any special savings plans or knowledge that the average person doesn’t possess. What sets them apart are a few simple yet powerful secrets that have propelled them to …
You can save money with a two-year installment sale if you want to sell an asset, property, or business which significantly increased in value. Essentially, it is a double-sale method designed to generate a tax timing gap between when the asset sale funds are received and when they are taxed.
Tampa, Florida – Social Security beneficiaries are set to receive a significant increase in their payments next year, with the cost-of-living adjustment (COLA) expected to be the largest in recent years. In the past decade, COLA increases have ranged from as low as 0.0% in January 2016 to as high as 8.7% in January 2023. This upcoming increase of 8.7% in January 2023 is the largest in ten years, providing relief to retirees and beneficiaries …
Saving for a post-work world has become a near-universal ideal: the 50-something workers who worry about their nest eggs have been joined by younger workers who experienced new working arrangements and the promise of life outside the office during the pandemic. Could you be saving to much?
Is Canada on your list as one of the places you are considering moving to in retirement? It is essential to think about the various outcomes that can result from this choice if you spend your retirement up north.