Save $150 on This 10-Foot Animated Alien at Costco Now
Image source: Getty Images I’ve never been much of a holiday decor person — part of that is owed to the fact that until very recently, I was a renter and wasn’t necessarily able or allowed to put up decorations outside my home. But now I have a mortgage — and a front lawn of […]
What Will Happen to Your Benefits if Social Security Runs Out? And Should You Be Worried?
If you’re worried about the future of Social Security, you’re not alone. A 2024 Gallup poll found that 87% of U.S. adults are concerned about the program, with 43% of that group admitting they worry a “great deal” about it. Also, 47% of nonretired adults believe that Social Security won’t be able to pay them […]
A Recession May Be Coming. Here’s How to Prepare
Image source: The Motley Fool/Upsplash When the Federal Reserve raised its benchmark interest rate numerous times in 2022 and 2023 to fight inflation, the fear was that higher loan and credit card borrowing rates would lead to a decline in consumer spending and cause a recession. But that hasn’t happened so far. The economy has […]
These Tables Are All You Need to See to Know About Saving for Retirement
I’m far enough away from retirement that I haven’t really thought too much about how I’d like to spend that time in my golden years. One thing is for sure, though: I want to make sure money is the least of my concerns. I’m sure a lot of people feel the same way. Most people […]
Here’s How a Donald Trump Win Could Affect Social Security Benefits
If you’ve watched TV or picked up your phone in the last few weeks, you’ve probably seen at least 100 political ads. Social Security isn’t getting as much press as other topics, but it’s still a big concern for seniors, especially after the 2025 COLA came in at just 2.5%. Donald Trump has recently tried […]
5 Changes Coming to Social Security in 2025
Each year, there are several key adjustments made to Social Security. Some are linked to inflation, while others are determined by wage growth. In this video, Certified Financial Planner® Matt Frankel discusses the changes you need to know about for 2025. The $22,924 Social Security bonus most retirees completely overlook If you’re like most Americans, […]
5 Delicious Costco Bakery Items You Don’t Want to Miss Out On
Image source: Getty Images Costco is a popular warehouse club brand with many great deals. You must pay an annual membership fee to shop the members-only deals, but many shoppers continue to carry a Costco card in their wallet because they save money when buying everyday essentials. You can maximize your Costco membership by shopping […]
2 Overlooked Social Security Rules Could Raise Your Monthly Benefit Up to 77%
In 2022, the National Bureau of Economic Research (NBER) published a paper titled: “How Much Lifetime Social Security Benefits Are Americans Leaving on the Table?” The answer to that question was surprising. The authors determined more than 90% of workers aged 45 to 62 would optimize lifetime benefit income by claiming Social Security at age […]
Worried About Excess Funds in a 529 Plan? This Rule Could Save You.
When it comes to saving for college, a 529 plan has been the go-to for many people. Rightfully so, too. A 529 plan allows parents, grandparents, guardians, or other loved ones to put money into a tax-advantaged account to invest, (ideally) grow, and use it for qualified education expenses, such as tuition, books, and other […]
3 Reasons to Make Roth IRA Conversions Early in Retirement
Using a traditional IRA or 401(k) to save for retirement is a great way to supercharge your savings. The big advantage of those accounts is that you can deduct your contributions from your taxes. With a lower tax bill, you’ll have more money to invest and save for your future. By the time you retire, […]
