3 Things to Buy at a Regular Supermarket Instead of Costco
Image source: Upsplash/The Motley Fool Making a weekly shopping trip to Costco helps me save more money on groceries and household essentials, like cleaning supplies and toilet paper. By purchasing these items in bulk, I pay less on a per-ounce or per-unit basis compared to my regular supermarket in town. But you need to be […]
Americans Are Underestimating Their Healthcare Costs in Retirement. Here Are 3 Expenses to Anticipate — and One Great Way to Pay for Them
Although many people see their living costs decline on a whole once they stop working, healthcare costs have a sneaky way of rising during retirement. And that makes sense, because as people age, health issues tend to arise. Unfortunately, though, many Americans are underestimating their healthcare costs in retirement. And that could throw their finances […]
Decoding the Impact of Lower Mortgage Rates on Home Buying
Image source: Getty Images With the Federal Reserve Board’s recent reduction in the federal funds rate, the expectation is that mortgage rates will follow sooner rather than later. Although the two aren’t directly connected, mortgage rates do tend to follow the federal funds rate — eventually. With more cuts almost certainly in the near future, […]
5 Reasons Costco May Cancel Your Membership
Image source: Upsplash/The Motley Fool From Costco’s generous return policy to its ever-popular sample stations, the retailer prioritizes customer satisfaction. But that doesn’t mean Costco will let just anything fly. Did you know that Costco retains the right to cancel a membership at any time? Although Costco refunds the membership cost when a cancellation occurs, […]
I Used to Think 70 Was the Best Age to Claim Social Security Benefits. Here’s Why I’d Now Rather Claim at 62.
One of the more important decisions anyone makes as they near retirement is deciding when to claim Social Security benefits. It’s not a decision that should be glossed over, as it permanently affects your monthly benefits. This could matter a lot for people who plan to rely heavily on Social Security in retirement. I used […]
Social Security COLAs Often Fail Retirees. But You Can Make Up for That by Doing These 3 Things to Score a Larger Benefit to Begin With
On October 10, the Social Security Administration (SSA) announced that benefits would be getting a 2.5% cost-of-living adjustment (COLA) in 2025. And many seniors are no doubt unhappy about that given that 2025’s COLA is considerably smaller than the COLAs that have arrived in recent years. But here’s the truth. It almost doesn’t matter what […]
