Today’s Social Security column addresses questions about who will and who will not have the 2022 COLA applied to their benefit rates, what happens to divorced spousal benefits when an ex dies and whether SSA actually overpaid benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Retirement
“We all of us have limited amounts of energy,” said novelist Doris Lessing, “and I am sure the people who are successful have learned, either by instinct or consciously, to use their energies well instead of spilling them about.” Yes, it’s true, and if you want to know why financial resolutions are made—and broken—every January,
By Richard Eisenberg, Next Avenue You know that feeling when you’re having a delightful time at a picnic, but you start seeing storm clouds in the horizon? That’s pretty much what prospects for retirement look like for most working Americans, according to the latest annual survey by the Employee Benefit Research Institute (EBRI) and Greenwald
By Richard Eisenberg, Next Avenue Kerry Hannon has written for Next Avenue about work and personal finances since the site was founded in 2012. The journalist, 61, recently became a Yahoo! senior columnist; launched “The Second Act Show,” a biweekly streaming livecast with career coach John Tarnoff; and published a book, appropriately called “In Control
Topline Stocks finished lower on Friday, adding to recent losses despite stronger-than-expected jobs data, as investors continue to remain nervous about a slowdown in economic growth and experts warn of more market downturns ahead. Key Facts All three major indexes were down for at least the fifth week in a row: The Dow Jones Industrial
We’ve all heard the old adage, “A mother’s work is never done.” From surviving sleepless nights with a newborn, to navigating the tumultuous teen years, to gently guiding adult children through life’s challenges, a mother’s job is forever. Another complexity for mothers is safeguarding their family’s financial security while also saving enough for their own
By Ellen Marks, Next Avenue It might come as an email, disguised as a message from a friend who needs help buying a gift card. It might be a phone call, threatening jail time if you don’t immediately pay a fine for missing jury duty. Or it might be a budding online relationship with someone
Topline The stock market moved sharply lower on Friday, adding to recent losses despite stronger-than-expected jobs data, as investors continue to remain nervous about a slowdown in economic growth and rising recession risks. Key Facts The Dow Jones Industrial Average was down nearly 1.5%, roughly 500 points, while the S&P 500 lost 1.8% and the
The American Association of Colleges for Teacher Education recently released a troubling report on the state of teacher preparation. Between the 2008-09 and the 2018-19 school years, the number of people completing a teacher education program plummeted by almost a third. The analysis also found that the number of bachelor’s degrees awarded in education dropped
Topline The stock market moved sharply lower on Thursday, reversing most of its gains from the previous session when the Federal Reserve raised interest rates by a half-percentage point, as volatility remains elevated and investors continue to worry about risks to economic growth. Key Facts Stocks plunged: The Dow Jones Industrial Average was down 2.6%,