Social Security: By the Numbers
Here are five facts about Social Security that might surprise you. Transcript: Social Security has been a fact of retirement life since 1935, but how much do you really know about it? Here are five facts that might surprise you. 1: The social security trust fund exceeds the gross domestic product of every country in […]
Preparing for the Expected
As Teddy Roosevelt once observed, “Old age is like everything else. To make a success of it, you’ve got to start young.” The challenges seniors have met throughout their lives have made them wiser and stronger, preparing them for the unique challenges that come with aging. As we age, the potential for cognitive decline increases, […]
Where is the Market Headed?
We all know the stock market can be unpredictable. We all want to know, “What’s next for the financial markets? Transcript: We all know the stock market can be unpredictable, and after the COVID-19-related drop in 2020, some may tend to overreact when prices become volatile. We all want to know what’s next for the […]
The Business Cycle
Investments What has upswings and downturns, troughs, peaks, and plateaus? Though such terms could easily describe a roller coaster ride, they are also commonly used to describe the business cycle. The business cycle – also known as the economic cycle – refers to fluctuations in economic activity over several months or years. Tracking the cycle […]
Helpful Retirement Strategies for Women
Preparing for retirement can look a little different for women than it does for men. Although stereotypes are changing, women are still more likely to serve as caretakers than men are, meaning they may accumulate less income and benefits due to their time absent from the workforce. Research shows that 31% of women are currently […]
Building a Solid Financial Foundation
When you read about money matters, you may see the phrase, “getting your financial house in order.” What exactly does that mean? To some, when your financial “house is in order,” it means it is built on a solid foundation. It means that you have the “pillars” in place that are designed to support your […]
Eight Mistakes That Can Upend Your Retirement
Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. 1. The return and principal value of stock prices will fluctuate as market conditions change. And shares, when sold, may be worth more or less than their original cost. […]