Sunday, July 28, 2019
What is the maximum social security benefit?
Your personal maximum social security benefit will vary based on the income level you achieved throughout your working career. If by the age of 22, you were contributing the maximum amount possible to social security and are scheduled to r... READ MORE >>
Monday, July 22, 20197 Smart Ways To Lower Your Taxable Income!! By: Sandra Block, Senior Associate Editor, Kiplinger's Personal Finance Reducing your taxable income is one of the most effective ways to lower your taxes, with some moves doing double duty as both deductions themselves and as a means to slide under income thresholds at which other taxes would kick in. READ MORE >>
Monday, July 1, 2019 3 retirement Rules Everyone Should Follow -- at Any Age The more you think about and plan for your retirement, the better it's likely to be. And since it can be 20 or 30 years of your life or more, it's well worth it. READ MORE >>
Thursday, June 20, 2019Many new investors don't understanding that saving money and investing money are entirely different things. They have different purposes, and play different roles, in your financial strategy and your balance sheet. READ MORE >>
Thursday, June 13, 2019 Finding the Right Annuity Product to fit Your Financial Puzzle In “The right fit: Choosing the appropriate annuity,” Paul Hechinger of On Wall Street discusses the need for complete clarity in the annuity industry. READ MORE >>
Thursday, June 6, 2019 You're Retiring. Now What? A lot has been written about the Baby Boomer generation, whose moniker came from the explosion of births following World War II. This large portion of the population is heading into or is currently in retirement with ages ranging from 53 to 71 in 2019. READ MORE >>
Sunday, June 2, 2019 How to Maximize Your Social Security Benefits • Wait to Tap Into Your Social Security Benefits While you’re allowed to start taking Social Security at age 62, it’s a good idea to wait until you’re 70 to start. READ MORE >>
Thursday, May 30, 2019 Whom to trust when buying an annuity? Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. READ MORE >>
Monday, May 27, 2019Know that interest rates will probably rise Many experts will tell you that today's rock-bottom interest rates will probably rise. At least a bit. If they do, two areas can challenge investors: bond duration and adjustable-rate loans. "You'll want to switch to shorter-duration bonds," says David Fleisher, CEO at Firstrust Financial Resources in Philadelphia. READ MORE >>
Thursday, May 16, 2019Calculate Future Value Assume you have $5,000 in your savings account right now and that your bank pays interest of 1.5% each year. Let’s use the future value formula to find out what your account will be worth in 40 years. PV = $5,000 t = 40 i = 1.5% Plugging those numbers into the formula, we get: READ MORE >>
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