Some 40% of those surveyed can’t handle a $400 emergency expense. This recent finding by the Center for Retirement Research at Boston College (CRRC), won’t surprise you. And it’s no eye opener to suggest that the most vulnerable Americans are either deep in debt or stuck in low-income jobs. What is a something of a
Retirement
. Photographer: Andrew Harrer/Bloomberg © 2019 Bloomberg Finance LP Global financial markets could face a nightmare scenario one day: the burst of multiple bubbles, fueled by years of easy money around the globe. That’s what happened back in 2008-9. US stocks dropped 37%, German stocks 42%, and Chinese stocks 62%; commodities dropped 37 percent (with
Target joined Walmart this week reporting strong sales, driven by same-day fulfillment. Online sales leaped 34% during the quarter. Last week, Walmart reported a 2.8% jump in same-store sales and a 37% jump in on-line sales for the fiscal second quarter. All in all, Target has reported nine consecutive quarters of positive sales results. Walmart
Donald Trump won’t say it, but Republicans in the Senate will: Social Security and Medicare would be on the chopping block in a second Trump term. Pointing to rising deficits, Republican senators have all but promised to gut entitlements if Trump gets four more years. Sen. John Thune (R-SD), the second-ranking Senate Republican, expressed hope
Share to facebook Share to twitter Share to linkedin A few million people still are eligible to use a Social Security benefits strategy that’s so valuable Congress banned it. But time is running out for them. The strategy is known as filing a restricted claim for benefits. It’s available to married couples and some divorced
“The best thing to hold onto in life is each other.”~Audrey Hepburn They are your rock, your anchor, your best friend. And while you might be able to live without your spouse or significant other, you don’t ever want to. And as it turns out, there’s not only a romantic, but a practical reason for that—one that
As broke investors worry more and more about a stock market crash, billionaires are quietly loading up on their favorite dividend paying stocks. Investing for growth and income, these “country clubbers” know how to 4X their yields without taking on any additional risk. Who would you rather invest with? Obviously, the rich guy or gal
Separation could be a more financially secure alternative for people over 55 considering divorce says an expert. Photo credit: Getty Getty Thinking about getting a divorce after 55? Healthcare could make legal separation or just separating a wiser choice, suggests attorney Richard Neuworth. He will be leading a discussion on the impact of divorce on
“To die will be an awfully big adventure.” Even Peter Pan, the mischievous little boy who refuses to grow up but rather spends his never-ending childhood adventuring on the island of Neverland, attempted to see death in a positive light. But things were different in 1902 when Peter Pan first appeared in the book “The
If you ever want to retire (or stay retired!), you’ve got a big problem. Bonds don’t pay much now, and they’re likely to pay less and less in the months and years ahead. I probably don’t have to tell you that the yield on the 10-year Treasury note has crashed to 1.6%. In other words,