MEMPHIS, Tenn.- The catalyst behind the failed gambit to sell off the iconic Graceland property in Memphis is a mystery. So it's a bit surprising on that end, "said Nicole Forbes Stowell, a business law professor at the University of South Florida's St. Petersburg campus. Naussany Investments and Private Lending said Elvis Presley's daughter, Lisa Marie Presley,…
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AmeriLife adds a pair of new acquisitions as strong growth continues
AmeriLife Group announced two recent deals that continue the company’s steady growth as a holistic retirement services juggernaut.
May 27— This story was originally published in June 2021. You'll also want to monitor your anticipated Social Security benefits. "To qualify for social security benefits, you earn credits throughout your work history," said Zach Means, CEO of Means Wealth Management, a financial advising firm in Bangor.
![Image of a senior citizen who is living on retirement savings and investments. Many-Americans-embrace-the-possibility-of-living-to-100,-but-plan-to-retire-by-65-to-69.](https://insurancenewsnet.com/wp-content/uploads/2024/05/Many-Americans-embrace-the-possibility-of-living-to-100-but-plan-to-retire-by-65-to-69-175x92.jpg)
Many Americans hope to live to 100, but are their retirement plans up to the challenge?
More than half of those surveyed want to live to 100, according to a new study, but can their retirement funds support that goal?
![Illustration of a group of workers looking at a sign that has a "do not enter" symbol on it. Workplace-retirement-plan-access--More-needs-to-be-done.](https://insurancenewsnet.com/wp-content/uploads/2024/05/Workplace-retirement-plan-access-More-needs-to-be-done-175x92.jpg)
Workplace retirement plan access: More needs to be done
Recent efforts to improve access to workplace retirement plans are a step in the right direction, but more work needs to be done to provide workers with the means to save for retirement.
More older employees choose to reduce theirwork hours and phase into retirement. In 2024, people 50 and older can contribute up to $8,000. Increaseslifetimeincomebydelaying Social Security: The extra income you earn fromworking part time can help you afford to postpone claiming Social Security benefits and could boost your monthly payout when you…
The Alliance for Lifetime Income released a study with an eye-catching headline: Two-thirds of peak baby boomers are not financially prepared for retirement. According to the study, more than half of these soonto-be retirees will rely primarily on Social Security for income, whichwas intended to replace about40% of annual pre-retirement earnings.
Equitable Holdings, Inc., the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, today announced that Peter Tian has been named Group Treasurer, effective June 3, 2024. Tian will report to Robin M. Raju, Chief Financial Officer of Equitable Holdings, and join Equitable’ s Operating Committee.
Have you ever thought that saving too much money for retirement could be a problem? In reality, saving too much money is never a problem; however, when you have a lot of money, you often have to pay a lot in taxes— which can be a problem for some investors. The investor is taxed on every dollar taken out; therefore, they might need to withdraw $120,000 to $130,000 for every…
Here's the basic tax information on some key sources of retirement income:· Social Security- Many people don't realize they may have to pay taxes on their Social Security benefits. You'll want to check with your tax advisor to detennine whether your income reaches the threshold where your Social Security benefits will be taxed. The Social Security…
Your credit score remains an important financial indicator throughout retirement, influencing various aspects of your financial life and overall well-being. While retirement often involves a shift in financial priorities, maintaining a healthy credit score can provide essential benefits and opportunities during this life stage.
The California- based company reported a net profit of $14.9 billion, while its revenue of $26 billion was almost four times what it took in during the same fiscal quarter last year. Nvidia also announced a 10- for-one stock split effective June 7 to make owning shares more accessible. Nvidia shares were up nearly six percent to $1,003.50 in after-market trades.
![Image showing a retired couple with their extended family.](https://insurancenewsnet.com/wp-content/uploads/2024/05/AdobeStock_534445216-175x111.jpeg)
Study sheds light on a changing retirement landscape
As the youngest baby boomers begin to reach the age of 65, new research sheds light on the changing retirement landscape.
Registered investment advisors’ views are largely mixed on the impact of upcoming U.S. elections on the investment climate.
Half of Americans ages 61 to 65 have already retired and started claiming Social Security payments. Additionally, 28% are still providing financial support to adult-age children and extended family members.
Trump Media& Technology Group, which runs former President Donald Trump's Truth Social, on Monday reported a first-quarter operating loss of $12.1 million, way more than the $3.6 million of last year. Shares of the Sarasota, Florida- based firm began trading on the Nasdaq under the ticker symbol DJT in March following its merger with Digital World Acquisition…
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Content marketing planning: 5 best practices for advisors
Content marketing strategy requires more than just quantity — it demands strategic planning and execution.
![Image of a dart striking a bullseye on a dartboard covered in money. Retirees-shifting-portfolio-focus-from-growth-to-new-target.](https://insurancenewsnet.com/wp-content/uploads/2024/05/Retirees-shifting-portfolio-focus-from-growth-to-new-target-175x92.jpg)
Retirees shifting portfolio focus from growth to new target, study finds
Retirement-aged Americans are changing their investment priorities from growth and higher returns. We talked to an expert to find out why.
![Image showing a split screen image of a dirty factory with dying grass and vegetation vs. a green factory with windmills and other green energy sources. KPMG-panelists-debunk-ESG-myths-surrounding-new-SEC-climate-rules.](https://insurancenewsnet.com/wp-content/uploads/2024/05/KPMG-panelists-debunk-ESG-myths-surrounding-new-SEC-climate-rules-1-175x92.jpg)
Panelists debunk ESG ‘myths’ surrounding new SEC climate rule
Ahead of the SEC moving forward with new Climate Change Disclosure Rules, experts debunk four ESG-related “myths.”
With campus protests grabbing the headlines, it’ s easy to lose sight of an important fact: About 4 million Americans will graduate from college this year and for them, life is about to become more complicated. The median annual wage for recent college graduates aged 22 to 27 was $60,000 last year, according to the Federal Reserve of New York. That’ s a big jump up from…