Retirement

Investors are waiting with bated breath for the Federal Reserve to lower interest rates in 2024. The Fed signaled a probability of lowering rates this year, which historically has benefited the stock market. However, at this point, rates are still high and may not be lowered for many months. While this reality may be frustrating,

“Crypto” or “digital assets” are now very much a part of the mainstream discussion, as interest in crypto has grown even for individual (retail) investors. The question is, are investors prepared, and further, can they rely on what they hear from their financial advisers? First, let’s review what regulators found in examinations of brokerage firms

This piece is written in collaboration with a colleague of mine, Amir Noor, CFP®, director of financial planning at United Financial Planning Group, who first developed the idea of the phantom month. Not only do Americans struggle with budgeting, it simply doesn’t seem to work for them. The issue – and solution – to this

A relatively new way cyberthieves steal wealth is by taking over the identities of people after they die, an act known as ghosting or ghost hacking. Anecdotes and some news reports indicate incidents of ghost hacking are increasing rapidly. There are many variations of the crime, but the main approach used by the crooks is

Daughter is in her late 50s, with a difficult mother who is in her mid 80s. Daughter’s mother, V, has always been “kind of nutty” as Daughter describes her. They were semi-estranged for years but not entirely out of contact, with Daughter living in a different state. One day, Daughter got a call from V’s

The world is in the midst of a profound demographic transformation as countries in Europe, North America, and parts of Asia grapple with the potent combination of an aging population and declining birth rates. Meanwhile, countries in other parts of the world, such as Africa, are seeing their populations surge. The New York Times documented

I’m reading the short book, The Gap and the Gain, co-authored by Dan Sullivan, the famed founder of Strategic Coach, and Dr. Benjamin Hardy, and while it applies to many areas of life, its implications in how we approach our finances and goal-setting are profound. This infographic perfectly illustrates the concept: Here’s how it works:

Don’t wait until late in the year to plan your charitable gifts. Maximize the benefits to both the charity and you by considering contribution strategies throughout the year and implementing them well before December 31. When most people think of the benefits of charitable gifts, they think of tax deductions. But many giving strategies provide

The wildly popular Golden Bachelor’s (age 72) televised marriage to a movie-star looking 70-year-old bride put a welcome spotlight on older adult sex. Not making it look icky at all – a departure from the portrayal of older adults in humor which typically falls back on negative ageist stereotypes. Just in case I have to

The labor market recovered quickly from the massive pandemic induced downturn in early 2020. The labor market regained its pre-pandemic strength within a few short years. Moreover, it stayed strong with low unemployment and rising wages. This stability helped to eventually overcome the onslaught of supply side driven inflation, so that wages outpaced inflation in