Picture of the metrocable metro system in Medellin, Colombia, on June 10, 2022. – Candidates Rodolfo … [+] Hernandez, a 77-year-old millionaire outsider, and Gustavo Petro, a leftist former guerrilla, will face in a run-off election for the Colombia presidency on June 19. (Photo by Joaquin SARMIENTO / AFP) (Photo by JOAQUIN SARMIENTO/AFP via Getty…
getty A recent survey has announced something you already know. The Employee Benefit Research Institute conducted an online survey in late January and early February. It found that retirement confidence among workers has dropped to 64%. This is the lowest level since 2008 when America was on the cusp of its credit-crunch recession. The 2023…
Should I put off saving for retirement to save for my children’s college or continue saving for … [+] myself and let them take out student loans? getty For parents, trying to navigate retirement savings and college tuition at the same time—while also having enough money to cover expenses and keep a decent quality of…
getty The United States Social Security website, quite frankly, is a very informative website. The website contains many useful tools and has a wealth of information available to you. Plus, it is quite easy to navigate. As you approach retirement, you should become familiar with the website. When you reach the website, there are several…
getty It happens to everyone. It will happen to you, too. There’s no escaping it. Sooner or later, you’ll be toiling away at your nine-to-five, and it will hit you. “I’m not going to spend the rest of my life doing this.” You might not say it out loud, but your brain certainly hears it.…
Take steps to protect your retirement finances from a recession. getty With all the talk lately about a looming recession, I’ve been thinking about strategies that retirees and pre-retirees can adopt to protect themselves from severe financial disruptions if the predicted recession lands on our doorstep. It reminded me of how my parents retired and…
Planet earth from the space at night . 3d render, textures furnished from … [+] https://visibleearth.nasa.gov/images/144875/earth-at-night-black-marble-2012-color-maps-v2 getty The SpaceX Starship, the most powerful rocket ever to fly, exploded shortly after liftoff on April 20th. Despite the disappointing ending, the launch attempt of the uncrewed rocket was hailed as a success by both SpaceX and officials at…
(Photo by Scott J. Ferrell/Congressional Quarterly/Getty Images) CQ-Roll Call, Inc via Getty Images It’s not an easy choice for retirees hitting 65: Do you stay with traditional Medicare or choose Medicare Advantage? Since Medicare doesn’t cover everything, Advantage plans often cover more, but with lower or no premiums. There’s always a catch, though. Nothing is…
Getty Images A lot has been written as to why you should wait until 70 to start collecting your Social Security benefits. In the right situation, that is a true statement, but everyone’s situation is different. I have always said that there are as many good reasons as bad reasons to wait to collect your…
Ask Larry Economic Security Planning, Inc. Today’s Social Security column addresses questions about how continued work might be able to increase retirement benefit rates, how survivor’s benefits are calculated and how a non US citizen might be eligible for US Social Security benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the…