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
Retirement
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
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
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
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
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
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
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