09 Aug Inflation Cuts into Wage Gains
Driven by labor shortages, median hourly wages increased at an annual rate of 5.2% in December 2021, the highest level since June 2001. However, inflation cuts into buying power, and real...
Budgeting
18 May When Buying Is Easy, Paying Later Can Be a Problem
If you shop online, you might have noticed a growing number of buy now, pay later (BNPL) services that offer the option to spread out the payments on your purchases....
25 Apr The Health/Wealth Conundrum
For those who are healthy, the odds are in favor of a long retirement. And because women live longer than men, on average, they may face higher lifetime health care...
10 Apr Should You Speed Up Your Retirement Plans?
According to a March 2021 survey, an estimated 2.8 million Americans ages 55 and older decided to file for Social Security benefits earlier than they expected because of COVID-19. This...
10 Apr Home Prices Have Risen at Record Pace
Posted at 14:06h
in 2022, Archive, Budgeting, Economy, Investing, Retirement, socially responsible investing
U.S. home prices rose 20% during the 12 months ending in August 2021 as buyer demand far exceeded the supply of dwellings for sale. This was the largest annual price...
10 Apr If You Drive but Don’t Own a Car, Consider Non-Owner Insurance
If you don't own a vehicle but regularly rent or borrow one, you might consider purchasing non-owner car insurance. This type of liability insurance provides coverage when you're driving a...
10 Apr Annuity Income: Annuitization vs. Lifetime Withdrawal
Posted at 13:22h
in 2022, Archive, Budgeting, Economy, Investing, Retirement, socially responsible investing
During your working years, you're accustomed to living on an income from your job. When you retire, the income from employment ends. Social Security provides a steady income, but it...
23 Feb Charitable Giving Can Be a Family Affair
Posted at 15:43h
in Archive, Budgeting, Economy, Insurance, Investing, Retirement, socially responsible investing, sustainable investing, Uncategorized
As families grow in size and overall wealth, a desire to "give back" often becomes a priority. Cultivating philanthropic values can help foster responsibility and a sense of purpose among...
21 Jan The Fed Pivots to Fight Inflation
The Fed's current plan is aimed at slowing inflation by returning to a more neutral monetary policy. On December 15, 2021, the Federal Open Market Committee (FOMC) of the Federal Reserve...
19 Nov Company Stock and Your Retirement Strategy
Posted at 08:00h
in Archive, Budgeting, Economy, Insurance, Retirement, socially responsible investing, sustainable investing, Uncategorized
The opportunity to acquire company stock — inside or outside a workplace retirement plan — can be a lucrative employee benefit. Your compensation may include stock options or bonuses paid...