The majority of Americans (74.7%) agree that itâs important for advisors to demonstrate emotional intelligence both with their clients and themselves.
My husband, Jay, retired 6 years ago when he turned 65. I spoke with a representative at the Social Security office and asked if Jay would receive a penalty for delaying enrollment in Part B. The rep said he would not but that Jay will need to provide evidence that he has been enrolled in my employer health insurance. I have good news for you because the Social Security…
Finances were a more impactful driver for workers’ stress levels than their jobs, their personal relationships, current events, their health or even their safety.
President Biden and former president Donald Trump don't agree on much, but both have pledged not to touch Social Security benefits. Social Security has a broadly progressive impact on income distribution: The bottom half of earners rely on it to stay out of poverty in retirement. Social Security will be insolvent by 2035 and Medicare's Hospital Insurance…
The majority of Americans (74.7%) agree that itâs important for advisors to demonstrate emotional intelligence both with their clients and themselves.
ANOTHER VIEW| TAMPA BAY TIMES. Low savings, longer lives and a rickety safety net are combining to present new challenges, especially in Florida. A survey released last month by AARP puts the sobering facts into perspective.
Hedge fund manager Ken Griffin, chief executive of Citadel, has carved out a legendary status for himself in the finance industry. So when Griffin talks, people listen, and he had some things to say about Federal Reserve policy on May 6. What's ahead for the Federal Reserve?
A recent oft-quoted survey from Northwestern Mutual Life Insurance tried to boil the results down to one number, and it is $1.46 million, upâ a whopping 53% from the $951,000 target Americans reported in 2020.â. Obviously, the survey result number is much higher than the median or mean amount of money held in a retirement account, according to the Federal Reserve.
MINNEAPOLIS, Minnesota, May 8– Allianz Life Insurance Co. of North America, a provider of retirement solutions, including fixed and variable annuities and life insurance for individuals, issued the following news release:. Americans' view of retirement is shifting as nearly half of Americans think about retirement as a slow transition away from full-time work…
Reviewing your bank statements and retirement account balances might not sound romantic, but the purpose of a money date transcends these tasks. These regular meetups build trust and intimacy, saysBariTessler, a financial therapist and author of "TheArt ofMoney." Money dates allowyou and your partner to understand each otherâ s financial perspectives,…
A recent oft-quoted survey from Northwestern Mutual Life Insurance tried to boil the results down to one number, and it is $1.46 million, up "a whopping 53% from the $951,000 target Americans reported in 2020.". Obviously, the survey result number is much higher than the median or mean amount of money held in a retirement account, according to the Federal Reserve.
When the Securities and Exchange Commission sued developer Rishi Kapoor in December, accusing him of defrauding investors in his real estate projects, the SECâ s lawsuit made no mention of his companyâ s consulting agreement with Miami Mayor Francis Suarez. The Miami Herald has previously reported that the mayor received a $10,000 monthly retainer but has now…
One of the fastest growing sectors of the retail economy is beauty, and it's pretty hard to overstate its popularity. Just a few years back in 2018, the beauty space was valued at approximately $508 billion. Less than six years on, that figure has grown to $579 billionâ a 14% uptick in growth.
The U.S. economy likely added nearly a quarter of a million new jobs last month, extending the longest streak of sub-4% unemployment since the 1960 s, as the labor market continues to defy repeated warnings of a slowdown and Federal Reserve interest rate hikes. Economists expect the Labor Department to report headline job creation of around 243,000 for the month…
By the time you reach retirement age, you may have accumulated a 401, IRA and other investment accounts, along with insurance policies and physical properties. You'll use some of these assets to support your retirement, but the rest may end up in your estate- which is why an estate plan is so important. So, to leave a legacy for your family and those philanthropic…