Today: 5. Nov, 2024
As the tax deadline draws near, the Internal Revenue Service (IRS) has already processed an impressive number of tax refunds, marking a significant period for American taxpayers. The agency has issued over 43 million refunds totaling nearly $135.3 billion, highlighting an active…
Entering retirement is like opening a new chapter in life, filled with opportunities for relaxation, exploration, and cherished moments with loved ones. Amidst the excitement of this phase, financial security remains crucial. Credit cards, often seen as mere tools for transactions, can…
Social Security plays a pivotal role in the financial planning of older Americans, carrying profound implications for their retirement years. This significance is even more pronounced for women, as highlighted by Mary Beth Franklin, a certified financial planner and Social Security expert,…
As retirement looms closer, many individuals start assessing their financial preparedness for life beyond the workforce. With the average retirement age in the United States around 61, the decade of your 40s becomes crucial for laying the groundwork for a comfortable retirement.…
The idea of leaving the workforce earlier than the conventional retirement age is a dream for many. However, turning this dream into reality demands thorough planning and contemplation. Before embarking on the path to early retirement, it’s essential to tackle three critical…
In a world of financial uncertainties, especially for the Gen Z demographic, the quest for economic stability and growth has become more crucial than ever. As a Gen Z personal finance reporter, I embarked on a journey to be more intentional with…
On a groundbreaking Friday, the S&P 500 shattered previous records, eclipsing the 5,000 mark for the first time, a milestone buoyed by the soaring performances of megacap and semiconductor stocks, notably Nvidia. This historic surge was primarily driven by the burgeoning investor…
During an economic climate marked by high-interest rates and inflation, Canadian millennials face an unprecedented financial challenge regarding retirement planning. According to BMO’s annual retirement survey, millennials between 28 and 44 estimate they will need a staggering $2.1 million to retire comfortably,…
Retirement planning is an evolving challenge, with changes in Social Security, Medicare, taxes, and savings strategies significantly impacting retirees’ financial landscapes. As 2024 approaches, it’s crucial for those nearing retirement to understand how these adjustments might affect their financial planning. This article…
In a startling prediction that has sent ripples through the financial world, Jon Wolfenbarger, a seasoned market strategist with 30 years of experience, is sounding the alarm bells. He warns of a looming yearlong recession and the onset of a bear market,…
