Tag: Baby Boomers
How to save $1 million for retirement on an annual salary of $70,000
Consistently saving a small percentage of your salary is a simple way to ensure you're prepared for retirement.As a rule of thumb, most financial advi [...]
The wealthy now have more time to avoid estate taxes
If your family has significant wealth, it's now easier to avoid federal estate taxes, thanks to recent changes from the IRS.The IRS improved a strateg [...]
Lawmaker urges Treasury Department to nix Series I bonds ‘red tape’
As the cost of living soars, one federal lawmaker wants to remove any barriers to buying Series I bonds, an inflation-protected and nearly risk-free a [...]
Why inflation is less likely to hurt retirees
Inflation has continued to rise, but some retirees won't feel the brunt of many soaring costs, experts say.Annual inflation jumped by 9.1% in June, gr [...]
Experts answer three tricky questions about Series I bonds
The demand for Series I bonds, an inflation-protected and nearly risk-free asset, has skyrocketed as investors seek refuge from soaring prices and sto [...]
Some experts say a recession is coming. How to prepare your portfolio
Phonlamaiphoto | Istock | Getty ImagesMonths of stock market volatility, surging inflation and rising interest rates have left many investors wonderin [...]
Retirees traveling check Medicare coverage to avoid costly surprises
Tom Merton | Getty ImagesIf you're a retiree on Medicare and feel the itch to travel, be sure you know whether your insurance plan can go with you.Whe [...]
Inflation is the ‘top problem’ facing America, survey shows
A worker stocks items inside a grocery store in San Francisco, California, May 2, 2022.David Paul Morris | Bloomberg | Getty ImagesMeanwhile, Presiden [...]
Here’s why inflation may be less costly for some retirees
A shopper at a San Francisco grocery store on May 2, 2022.David Paul Morris | Bloomberg | Getty ImagesInflation is a growing concern as Americans spen [...]
Your new ‘retirement’ home could be a cruise ship
Jeff Farschman, 72, is a serial cruiser from Delaware who spends months at sea in retirement.Jeff FarschmanFor nearly two decades, Jeff Farschman, 72, [...]
Worried about a recession? Here’s how to prepare your portfolio
FG Trade | iStock | Getty ImagesMore from FA Playbook:Here's a look at other stories impacting the financial advisor business."We all understand that [...]
Money decisions by women will shape the future for the U.S.
The rising economic power of women in this country is one of the most significant financial shifts of recent decades. The bottom line: Women are gener [...]
I bonds to deliver a record 9.62% interest for the next six months
Marko Geber | DigitalVision | Getty ImagesIf you're eyeing ways to fight swelling prices, I bonds, an inflation-protected and nearly risk-free asset, [...]
Most Americans still feel optimistic about retirement, survey finds
Ipggutenbergukltd | Istock | Getty ImagesDespite the pandemic, most Americans still feel optimistic about a comfortable retirement, but inflation is t [...]
These are the best and worst U.S. places to die, report shows
Your end-of-life experience may be very different depending on where you live, according to a Policygenius report that ranks the country's best and wo [...]