Retirement

You may see some public notices from governments, nonprofit agencies and consumer organizations warning about increased scammer activity at this time of year. There is a lot of focus on internet and phone scams — everything from fake threats to pay money or fake enticements to get a “deal” on something. People are shopping during

One of my most self-aware friends said of a habit he’d like to change recently: “First, I have to get sick of myself; then I have to get sick of getting sick of myself; then I have to complain about it for a while; then I’ll actually change.” He must have been reading Prochaska and

Key Takeaways Carvana is looking to be on the brink of bankruptcy, with yields on their corporate notes above 30% according to the Wall Street Journal. The stock price has jumped in early trading on Thursday after a major crash this week. Despite this bounce, the price has collapsed almost 98% to just over $4

The time has come. You’re thinking of starting that retirement side hustle you’ve always wanted to. You’ve thought through the idea over and over again. It’s a solid idea. You know there’s an interest in it. You’re ready to go. So, what’s holding you back? If you’re like most people, including many creative people, you’re

Once you’ve tackled the mental world, it’s time to move on to the physical world. If you’ve got a fairly simple web-based side hustle, you’ll have very limited physical needs. “I just needed a laptop, a logo, and a website,” says Julie Bee, President and Founder of BeeSmart Social Media and Lead From Anywhere in

2022 has been a turbulent year for investors and retirees. However, in the month of December, there are some actions that can have a significant positive tax and economic impact. Tax-Loss Harvesting. A simple idea is to harvest losses in taxable accounts. Losses are deductible against gains, can be carried over, and can even offset

It’s that time of year again: The Holidays. As the year starts to wane, the accompanying festivities bring cheer to some hearts and a song to some lips, but it is a knife that cuts deep for others. These holidays are rooted in two things: family and religion. Many Americans believe that those are both

Gertie is a sharp 89, with a history of being well organized in her life. She is widowed, and was living alone. During Covid, one of her four daughters and her husband moved in with her, a plan that was supposed to be temporary. Gertie needed a little help with shopping and transportation, as she

The $100 billion Ohio Teachers pension fund recently responded to a public record request from a former board member indicating it had no records in its possession regarding its cryptocurrency investments. Later, in response to a media inquiry regarding crypto investments identified in its portfolio, officials at the state pension responded, “No comment.” So much

Key Takeaways Treasury yields are up again, hitting 3.589% compared to just 0.55% in 2020. This might seem like good news, but for existing bondholders it means a huge fall in the prices of their existing Treasuries. The inverse relationship between yields and prices has caused bond prices to crash, and it’s likely that they’ve

Ah, yes. This is the need that often arises first in the minds of new entrepreneurs. Notice it is the last in this series after initially getting your mind ready and making sure you’ve got your physical needs. There’s a reason for that. Many folks who start a small side hustle have modest expectations. With

This article explains the terminology and concepts that you should be familiar with as you determine your best Social Security claiming strategy. As you work through this process, keep 3 things in mind: Claiming Social Security benefits is a one-time decision that you must get correct. A married couple needs to look at this decision

One of my most self-aware friends said of a habit he’d like to change recently: “First, I have to get sick of myself; then I have to get sick of getting sick of myself; then I have to complain about it for a while; then I’ll actually change.” He must have been reading Prochaska and

Regularly reported drug trials tell us that pharmaceutical companies have found a new treatment for Alzheimer’s disease. Over time, none so far have been successful in either stopping or slowing the disease. In fact, the drug manufacturers are required to put that in writing in their packaging. Everyone wants a simple pill to “cure” or

The unemployment rate in November remained super low — unchanged from 3.7% in October 2022. The jobs report is hot in another respect. Earnings are much higher than expected — some predicted a much lower rate of increase, instead of the 0.6% month-over-month wage. This report doesn’t bode well for a Federal Reserve reaction. We

Key takeaways Following on from quiet quitting and the great resignation, the latest trend in the labor market is ‘career cushioning’ This new term reflects the concern over the economy, with many workers making plans as to how they’re going to secure themselves should a recession hit It makes a lot of sense to prepare

Gaining a second passport is a crucial step in internationalizing your life. You can be a dual citizen of the United States and another country, depending on the place. For the average American, the advantages of a second passport are many: immediate residency and the right to work in another country; safer, easier, and less

Key Takeaways Artificial intelligence (AI) is hitting the mainstream, though the first form of AI was invented in England, way back in 1951. Nowadays AI is used in a wide range of applications, from our personal assistants like Alexa and Siri, to cars, factories and healthcare. AI has the power to make massive improvements to

The Covid-19 pandemic shined a light on how hard it is for long-term care facilities such as nursing homes and assisted living facilities to balance residents’ health risks with their desire for independence and autonomy. A few have found the secret sauce. Most have not. A new study by the RAND Corporation, a California research

Discussing money with loved ones is asking for a loaded conversation. Money is basically about relationships and it is nearly impossible to be in love without money playing a role. A new book by Stanford professor emeritus, Myra Strober, who is an early feminist economist, and ‘social innovation leader’ Abby Davisson called Money and Love: