Retirement

Medicare expects it will spend more $550 million this year for the controversial anti-Alzheimer’s drug Leqembi and predicts the cost will skyrocket to $3.5 billion in 2025, according to Stat News. The program spent $5.7 billion on drugs such as Ozempic and Mounjaro in 2022, according to the Kaiser Family Foundation. These GLP-1 medications were

By Lucy Lazarony, Next Avenue Companies lay off or discharge approximately 1.5 million people every month, shocking family finances of those affected — particularly if the finances include college plans for a son or daughter. Students and their parents are not helpless, however. Here is a closer look at how college plans may be affected

April 17th is my birthday! I’ve been fortunate to spend 39 years on this Earth, with 17 of those years working as a financial advisor. In that time, I’ve met with thousands of people regarding their personal finances. By interacting with so many families, discussing money and goals, I’ve amassed a wealth of helpful insights.

As you move closer to retirement, you’ll want to begin planning for your life in retirement, given the financial resources you’ve accumulated. This requires shifting your mindset, since for many years, your most important retirement decisions may have involved how much to save for retirement and how to invest your savings. Accordingly, the most important

My buddy Phil is a former nuclear submariner. He recently interviewed a special forces operator and asked him to identify his favorite piece of equipment for a mission. To my surprise, given the many options at his disposal, the operator selected a map. He said with a map, you are never lost. Oh, you can

By Richard Eisenberg, Next Avenue Although the Conference Board Index says consumer confidence in the U.S. is markedly higher than it was in 2020, money struggles are serious for many households with incomes under $75,000, The Financial Well-Being 2024 survey of 5,000 U.S. adults from Assurance IQ has found. Financial concerns are especially weighty for

Inflation – the change in overall prices – is back in the news again. After a persistent decline from a year over year high of 9.0% in June 2022 to a recent low of a year over year increase of 3.1% in January 2024, inflation recently has stopped falling. Prices were 3.5% higher in March

“No more ladders; we only work for checks,” exclaims a late 20-something woman. While many observers are focusing on the future of work as being reshaped by artificial intelligence and macroeconomic shifts, a new generation of workers is already rewriting the future of work, career, and retirement. Edward Jones, in collaboration with NEXT360 Partners and

The legacy of late California Senator Dianne Feinstein was tarnished by a series of lawsuits filed before her death. The suits revealed rifts in the family and shortcomings in the estate plans of Feinstein and her late husband. Feinstein’s late husband Richard Blum, a wealthy investor, passed away in February 2022. Both Blum and Feinstein

As yields have risen from their historic lows, many retirees ask me if they should put all their savings in T-bills. This movement even has a name: T-bill and Chill. Moving to the safety of U.S. government short-term bonds has an initial appeal for retirees. T-bills are one of the safest Investments in the world.