If you are currently receiving Social Security or considering how Social Security might factor into your retirement plan, then it’s important for you to understand COLAs. You may have seen the acronym in various information about Social [...]
The current rate of monthly savings across America is currently at 4.6% of gross income. This is a little unusual. Going back to 1959, the average is closer to about 9%.[1] The current economic environment is making [...]
Not unsurprisingly, the economic situation following the COVID-19 pandemic has been erratic. Every positive economic indicator seems to be paired and contradicted by another negative indicator. People have been discussing the possibility of a recession for some [...]
The 2022 economic climate was bumpy for most, and in some cases even bumpier for retirees. Americans and the world at large dealt with the economic ramifications of the Russia-Ukraine war, post-pandemic industrial effects, and rising inflation [...]
The economy in 2022 has set multiple records, first with the highest inflation rate in 40 years, and now with the highest Federal Funds rates since 2008.[1] The US Federal Reserve has now raised interest rates seven [...]
The effects of inflation are proving hard to stave off, and we are all feeling it on our budgets. From food to gas to home repair products, prices seem to be increasing every day. The Federal Reserve [...]
Market downturns and rampant inflation may not have been front and center on your mind last year. But with the cost-of-living surging and market volatility threatening your retirement plans, it's important to make sure you know your [...]
Many of today’s retirees are the wealthiest retirees of all time. Before the recent inflation numbers and market correction, there was a prolonged period of rising home values and strong market returns. You’re part of a generation [...]
