Retirement

By Nancy Collamer, Next Avenue My husband and I sold our Connecticut home in the fall of 2020. At the time, our plan was to rent a cottage in Bucks County, Pennsylvania, while searching for a charming country home. Alas, we moved during the height of the pandemic, when finding a decent rental was nearly

Across the financial landscape—the industry, the media, the blogosphere, the DIY community—virtually all attention is paid to attaining and sustaining wealth. You’ll find more than you’ll ever need or want on saving, investing, and insuring, but then what? It seems the presumption is that once you hit your number, or someone else’s, the game is

If you are eligible for a company 401(k) plan, but haven’t signed up because you can’t afford to contribute to the 401(k), I have two questions for you: Does the plan have a match? And, do you get a tax refund? If so, we need to talk. I’d also like to talk with all of

With the regularity of Halley’s comet, but more frequent, the myth of the Greedy Geezer circles our orbit. The latest is the New York Times columnist Peter Coy and well-respected economist C. Eugene Steuerle and Glenn Kramon former editor of the New York Times implying a dollar taken away from the old go to the

Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 3.2% starting in January 2024, far less than the previous two years’ 5.9% and 8.7%, for 2022 and 2023 respectively, but not surprising considering the reduction in inflation over the past two years. Recall that the headline Consumer Price Index

Ford Motor F Co. and the United Auto Workers (UAW) reportedly have reached a tentative agreement to end a 41-day strike at selected plants. Experts predict that the Ford deal could have a domino effect on negotiations with the other two automakers involved in the strike, General Motors GM Co. and Stellantis. The agreement reportedly

A lot of elders like to enter sweepstakes. They’re hoping for a big win, and a huge check, just as they see folks receiving on TV. What they never know is whether they are being lied to or tricked. The Federal Trade Commission tracks and reports fraud to Congress. Their most recent report highlights a

America’s retirement system is failing reveals the new Fed Survey of Consumer Finances. True, retirement account balances are up from 2018, but despite the increase, Americans are far behind where they need to be on track for a secure retirement. Americans aged 55-64 have a median before-tax income of $82k and $185k in their retirement

America’s retirement system is failing, reveals the new Fed Survey of Consumer Finances. True, retirement account balances are up from 2018, but despite the increase, Americans are far behind where they need to be for a secure retirement. Americans aged 55-64 have a median before tax income of $82k and just $185k in their retirement

By Barbra Williams Cosentino, Next Avenue The only time I was ever aware of shopping compulsively was at the beginning of the pandemic, when everyone I knew was frantically stocking up on toilet paper, hand sanitizer and Clorox CLX cleanser. Masked and morose, I’d head to the nearest drugstore, join the line of anxious shoppers,