Retirement

Topline The stock market surged higher on Wednesday after the Federal Reserve raised interest rates by 0.5% in a move widely-anticipated by investors, as the central bank continues on its path of aggressive monetary policy tightening in a bid to combat surging inflation. Key Facts Stocks moved higher following the Federal Reserve’s announcement: The Dow

By Anna M. Rappaport We all want to avoid disappointment and unpleasant surprises later in life. Many people retire in their 60s or early 70s without considering some of the challenges they will likely face later in life. They save money, do their planning and retire with the feeling that all will be well. But

Running to the sidelines in today’s market environment could result in significantly lower long-term returns It was a challenging first quarter for equity investors. After a relatively calm 2021, volatility was on the rise. The Dow, S&P, and NASDAQ all finished the quarter in the red, turning in their worst quarterly performance since the first

When looking to buy a house or just needing some quick cash, it’s not uncommon for people to look to their retirement accounts for easy money. I usually advise against this and feel it can cause more damage to your financial security than good, and I’d like to explain why. Spoiler alert: we’re going to

There is a lot of discussion around the favorable benefits of Roth IRAs, but for many higher-earning Americans, contributions to Roth IRAs are out of reach. The IRS begins limiting contributions to individual Roth IRAs at higher income levels (the current maximum income for eligibility is $144,000 per year for a single filer). However, there

When you picture an 89 year old, you might think of a frail older person who maybe does a lot of TV watching. But not this 89 year old! Maureen is as sharp as any person you might meet at any age. She looks healthy, sounds clear, and knows what she wants. What’s her secret

Topline Stocks finished slightly higher on Monday, attempting to find their footing after last week’s brutal sell-off, but Wall Street experts warn that even after the market’s worst month since the onset of the coronavirus pandemic in March 2020, investors should be wary of more volatility ahead. Key Facts Stocks inched higher on Monday, notching

Technology has been hit or miss when it comes to our money. While fintech apps promise to make managing our money simple if not even enjoyable, not all of them deliver. I’ve tested hundreds of personal finance apps and tools over the years. Here are 5 of the best money apps I’ve found to manage

Women in traditional marriages, as many of our aging parents are, frequently leave the earning and directing of finances to their husbands. Some are in long-term, unmarried relationships that have the same feature. The man handled the money. We also know that statistically, women tend to outlive their men. Where does that leave the aging

So far, 2022 has been an extremely unkind year to investors. To recap, as of this writing: · The S&P 500, which tracks the 500 largest US stocks, is down over 10% · The technology heavy NASDAQ NDAQ , that has delivered stellar performance for over a decade, is down nearly 18% · The Russell