Retirement

The S&P 500 gained 26.29% during 2023 when you include the return from dividends. This 2023 return more than offset the 18.11% loss during 2022. With numbers like that, pre-retirees and retirees may feel like they’re being whipsawed by the stock market. If you’re retired, should the 2023 return be a cause to celebrate and

The Corporate Transparency Act (“CTA”) is upon us. January 1 all new entities have to register with the FinCEN. Unless Congress acts to defer filings for pre-2024 entities, those will be required to be filed by January 1, 2025. While there have been extensive articles discussing in some detail the new rules, there seems to

A number of CMOs either choose to retire early (their 50’s) or they transition into an entirely different career. As somebody who left the CMO world behind in my 40’s to pursue a career in academia, I appreciate the allure of change at this point in life. To understand what it is like to transition

By Ellen Ryan, Next Avenue When Irene Glowinski packs grocery bags for critically ill patients and Cheryl White brings her trained service dog to visit hospitals and “read” to children at an elementary school, they recognize the good they’re doing for others. But these volunteers don’t generally think of the good they’re doing for themselves.

You’ve heard the adage “use it or lose it”. It’s particularly apt in describing what happens as we age. Typically we move less, lose muscle strength, and suffer the consequences of losing independence, have greater fall risk and other undesirable things. At the beginning of each year, people commonly make New Year’s resolutions to lose

By Edd and Cynthia Staton, Next Avenue Bud was proud of the successful business he started 40 years ago, from his initial small store he had expanded to several locations around the state with loyal employees, vendors and customers. Everything changed when he died unexpectedly. Bud, a composite of several entrepreneurs whose next of kin

You hear the term now and again, “MCI”. Someone might say it’s what your aging loved one has. Is it a diagnosis? Doctors use the term, but no one seems to exactly pin down what it means. How mild is “mild” and what does it mean in terms of diminished capacity? Here is a way

If you don’t want to feel poor in your retirement, you’ll want to learn about inflation risk and adopt strategies to mitigate it. Inflation is a serious risk that can derail your retirement finances. What Is Inflationary Risk? Inflation increases the cost of goods and services over time. If your income doesn’t keep up with

By Ellen Neuborne, Next Avenue My book club meeting was finishing up when one of the women approached to ask me a favor. “Will you take a look at my resume?” she asked. I’m an editor by profession and I get that request a lot. “I’ve sent dozens of applications in and I’m getting nothing

One of the last things we want to think about as we finish off the holiday ham are taxes. But in years where you see your income hike, now is the time to take advantage of the last-minute tax maneuvers for 2023. It’s not a surprise, but tax time has become one of the most