With the onset of remote and hybrid work, the practice of moonlighting has come into focus again. Moonlighting is when employees have a second job in addition to a regular job. Hybrid workers are using time saved from the commute to work and idle time left over from finished assignment to work a second or […]
Billionaire Warren Buffet still lives in the house he bought in 1958 for $31,500. Mega-star Keanu Reeves is worth over $350M but says he’s happier living a modest lifestyle rather than in a Hollywood mansion. In fact, he didn’t own a home for many years after he became a famous, high-paid actor. And Virgin Group […]
As the lower-paid sex, women have no shortage of insecurities about their retirement finances. Only one in five working women feels “very confident” of being able to retire comfortably, the Transamerica Center for Retirement Studies reports in its annual retirement survey. More than half say they don’t earn enough or have too much debt to […]
My best wishes to you and your loved ones for 2023. On New Years eve, I wrote about the top consumer and personal finance stories of 2022. Inflation and higher interest rates topped the list, and I predict that those two issues will continue to confront consumers throughout the new year. My recommendations include: be […]
It’s time for my annual article on the top consumer and personal finance articles of the year. As usual, there aren’t many reporters covering this important topic. However, in addition to the best news, health, political, and science stories of the year, there’s a new category: the top climate change stories. Of course, climate change […]
Now Is the Time To Talk to a Financial Advisor About What These New Rules Mean for You Update Your Financial Plan Now The post Terry Savage, Richard Eisenberg and Pam Krueger Explain the New Retirement Law That Just Passed appeared first on Resources | Wealthramp.
In more than 30 years of researching, writing, and advising about retirement and retirement planning I’ve learned that a key to a successful retirement is an open, inquisitive mind. That’s because almost everything about retirement finances changes over time. I could fill a book with only the changes to both income taxes and estate taxes […]
Retirement should be a time of relaxation, reflection checking off items on your bucket list and just enjoying life in general. But with the current economic uncertainty, celebrating one’s golden years is not as straightforward as it used to be. As a result, more and more retirees are having to confront the realities of a […]
Joanna McIsaac-Kierklo in Dublin Many retirees, freed from their work obligations and looking for adventure, dream of living overseas. Edward Kierklo and Joanna McIsaac-Kierklo don’t dream. They just do. In May 2021, the couple, feeling trapped by the pandemic in their sleepy town in the Sierra Foothills east of San Francisco, decided to break out […]
The economy expanded smartly in the years before the Great Recession, just as it did before the COVID downturn. But the two recessions were markedly different, with opposite effects on when older workers signed up for Social Security, a new study finds. In 2008, the stock market slid nearly 40 percent. Older Americans with retirement […]
