In the past year, we’ve seen some big swings in the financial markets. This volatility may make you feel as if you have little control over your investment success.
But the truth is, you do have more control than you might think — as long as you don’t let fear guide your decisions.
We all want to stay healthy and live independently throughout our retirement years.
Unfortunately, that won’t be possible for some of us, so it’s a good idea to be prepared for health-related challenges — such as the need for long-term care.
Before you turn 65, you’ll want to become familiar with Medicare’s rules and features.
And if you’re a high earner, you’ll want to be especially aware of the Medicare premium surcharge — because, over time, it can add up to some significant dollars.
There aren’t many drawbacks to having a high income — but being unable to invest in a Roth IRA might be one of them.
Are there strategies that allow high-income earners to contribute to this valuable retirement account?
As you know, inflation was big news throughout 2022.
But will it continue in 2023? And looking even further ahead, how should you account for inflation in your long-term plans?
Have you recently retired but are now thinking of going back to work? If so, you aren’t alone, as many people are choosing to “unretire.”
But if you do reenter the workforce in some capacity, what opportunities might be available to you?
It’s that time of year when many of us promise ourselves we’ll go to the gym more, or learn a new language, or take up a musical instrument, or any number of other worthy goals.
But this year, when making New Year’s resolutions, why not also consider some financial ones?
Cybercrime is booming. In 2021, the FBI reported that cybercriminals scammed nearly $7 billion from Americans — a figure slightly higher than the gross domestic product (GDP) of Switzerland for that year, according to research organization World Economics. How can you protect yourself from cyberthieves?
As the year winds down, your thoughts might drift to the future.
And, as part of that future, you may be thinking of where your financial assets will end up.
To achieve your financial security, and that of your family, you will need to create a comprehensive strategy.
But for this strategy to succeed, you’ll need to guard it from various challenges – and that means you’ll need to build in different layers of protection.
