Retirement

TOPLINE The market moved lower on Friday, as investors digested mixed economic data and stocks took a hit from yet another daily record spike in new U.S. coronavirus cases. Stocks are on pace for a third straight week of gains. Angela Weiss/AFP via Getty Images KEY FACTS The Dow Jones Industrial Average was down 0.4%,

By Patti Temple Rocks, Author and Next Avenue Contributor Getty About 10 years ago, my boss, mentor and close friend Angelina — who was then in her early 50s — lost her job at our well-known and respected Fortune 50 manufacturing company after working her way up to the executive suite. In the year before,

TOPLINE The market opened lower on Thursday, with more big banks reporting second quarter earnings, as investors grappled with the latest economic data showing the economic fallout from the coronavirus pandemic. Stocks fell as major banks continued to report earnings. Johannes Eisele/AFP via Getty Images KEY FACTS The Dow Jones Industrial Average was down 0.6%,

Getty Are you just out of college and beginning a new career? Do you want to save money to buy a new car or home, or get married and eventually start a family? Or perhaps you just want to have a financial buffer for emergencies or know when and how you can start saving for

By Cristina Rouvalis, Next Avenue Contributor Mary Ellen and Mark Meyer are drinking up strong sales at their Wigle Distillery Courtesy of Mark and Mary Ellen Meyer Running a small business can be daunting in the best of times. Throw in a pandemic and it can be devastating. But some older entrepreneurs are thriving during Covid-19

By Ken Dychtwald and Robert Morison, Authors and Next Avenue Contributors Getty (In their new book, What Retirees Want: A Holistic View of Life’s Third Age, authors Ken Dychtwald — a Next Avenue Influencer in Aging — and Robert Morison explore marketers’ misconceptions and mistakes regarding older Americans. The book is based on surveys of

Retirement planning in 2020 Getty Are people still talking about retirement in July of 2020? Today, as the novel coronavirus takes center stage in the minds and hearts of people across the globe, should we make room in our psyches to think about a post-coronavirus world and what retirement might look like for today’s retirees,

People Need More Care, But Lack of Support For Aides Puts Everybody’s Health At Risk Getty The coronavirus pandemic continues to spread like wildfire through the U.S. Amid this pandemic, people need to be able to stay home to stay safe. Yet many workers cannot take time off, even if continued work means putting their

By Dr. Jan Gurley, Next Avenue Contributor Getty (The following article represents the views of Dr. Jan Gurley and not the San Francisco Department of Public Health, where she works in communicable disease and prevention during the Covid-19 pandemic. The information included is rapidly evolving and applies to the current situation.) Due to the Covid-19

In this new age of media, podcasts are king. Getty In this new age of media, podcasts are king. They’re entertaining, free, and a great source of information from people who actually (usually) know what they’re talking about. I compiled a list of my favorite podcasts that are perfect for anyone interested in personal finance

Revocable trust. Getty If you have updated your estate plan during the Covid crisis and even found a way to sign your documents while maintaining social distance, do not overlook the last step of trust funding.  Trust funding is a critical step in estate planning that many people either overlook or put on the back

This article is part of a series; click here to read Part 1 How long does the guaranteed rollup rate last? Does it have any other features? Guaranteed rollup rates for the benefit base generally end once guaranteed distributions from the contract have commenced. As well, in cases where those distributions do not begin for

Hands holding piggy bank with Roth IRA. Pension plan. Getty We’re a few days away from this year’s tax deadline on July 15th. It’s also the deadline to make contributions to an IRA for 2019. Contributing to a Roth IRA can be particularly beneficial. (If your income is too high to contribute to a Roth

Economic Security Planning, Inc. Today’s column addresses questions about whether the earnings test would reduce retirement benefits, retirement benefits before survivor benefits, benefits based on a common law marriage and whether an divorced spouse could be eligible for survivor benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president

Chicago Tribune:Allen Beaulieu Are investors ready for another Housequake? Depending on your age, your view of the Nasdaq is different. If you are a baby boomer or older, you remember the time when “Nasdaq” might have been a slang term for Nirvana (the concept or the band, or both). If you are under 50 years

TOPLINE Despite growing concerns about a record number of new U.S. coronavirus cases, the stock market has largely held steady thanks to surging shares of big tech companies—though  that’s resulting in a very imbalanced market, experts warn. The FAANG stocks – Facebook, Amazon, Apple, Netflix and Google-parent Alphabet. Forbes KEY FACTS Even as the United

Getty No matter your age, you invest for only one reason: to accumulate wealth. Anything else is charity. Not that there’s anything wrong with charity (and faith and hope and all those other good things). Charity puts food on other families’ tables. Investing—good investing, smart investing, successful investing—puts food on your family’s table. And if

TOPLINE The stock market moved higher on Friday, reversing early losses, after positive coronavirus vaccine news helped offset growing investor concerns about a record number of new U.S. cases. Stocks ticked higher after Gilead’s coronavirus treatment showed positive data. Marcel Kusch/dpa/picture alliance via Getty Images KEY FACTS The Dow Jones Industrial Average was up 1.4%,

Getty In June, the Department of Labor advanced a rule relating to socially responsible investing – also commonly known as environmental, social, and corporate governance (ESG) investing. The proposed regulation by the Labor Department reiterates that fiduciaries are prohibited from disregarding pecuniary considerations to instead pursue ESG-related considerations. The Employee Retirement Income Security Act (ERISA)

TOPLINE The stock market opened slightly higher on Friday, reversing earlier losses, after positive coronavirus vaccine news helped offset growing investor concerns about a record number of new U.S. cases. Stocks ticked higher after Gilead’s coronavirus treatment showed positive data. Marcel Kusch/dpa/picture alliance via Getty Images KEY FACTS The Dow Jones Industrial Average was up