Retirement

Topline Shares of Peloton, a pandemic-era stock darling, tanked nearly 20% on Thursday after reporting a sixth consecutive quarter of losses, as the at-home fitness company continues to struggle with declining sales and excess inventory. Key Facts Peloton’s stock fell more than 18% to $11 per share following the dismal earnings release, which showed the

Topline While traders will be closely watching the Federal Reserve’s annual Jack Hole symposium for clues on future interest rate hikes, history shows that the event rarely moves markets in a big way and experts predict that it is unlikely the central bank will pull back from its path of aggressively raising rates to tame

Daniel Petkevich is an American entrepreneur pursuing the American dream following his parent’s immigration from the old Soviet Union. But, while his entrepreneurial story could shape up to be the quintessential experience that every immigrant family hopes for, unfortunately for his parents, they are also getting the quintessential experience that comes with the U.S. healthcare

With climate change emerging as a significant retirement issue, you may be wondering what retirees can do to protect themselves and their families. It turns out there’s a lot you can do—adapting your lifestyle, protecting your finances, and, if you’re so inspired, participating in activism. Let’s look at each of these possibilities. Evolve to a

The call came from a CA resident to AgingParents.com where we advise families of elders about age-related issues. Daniella, the daughter of an 85 year old woman sounded calmly concerned. She said that she was “a bit worried” about her mother. She related that her mom lived alone in a mostly rural area in another

After a lifetime of working, many seniors have decided to travel the country in a recreational vehicle, commonly known as an RV. How many people do this, is anyone’s guess, but there are plenty. One million Americans live in RVs, according to The Washington Post. A RV statistics website, RV and Playa, reports 57% of

Topline Shares of videoconferencing service Zoom, one of 2020’s pandemic-era stock market darlings, have continued to struggle this year, plunging 15% on Tuesday after several Wall Street analysts downgraded the stock amid concerns that the company faces slowing revenue growth. Key Facts A day after reporting quarterly earnings that underwhelmed investors, Zoom’s stock fell over

Topline The stock market continued to plunge on Monday after the summer rally on Wall Street fizzled out last week, with investors once again growing nervous about aggressive interest rate hikes from the Federal Reserve as experts warn that the “textbook” bear market rally has run out of steam. Key Facts Stocks were on track

Share to Facebook Share to Twitter Share to Linkedin Pay less attention to stock prices and more to what your portfolio companies are earning. Is the bear market about to resume? Maybe. But even if it doesn’t, there will be a big correction at some point and then another and then another. What’s your plan

Public pension benefits provide a vital source of retirement security to the retired public employees who earned them during their years of public service. But the impact of public pension benefits goes beyond the retirees, spouses, and other beneficiaries of these plans. These benefit dollars also play a critical role in supporting local economies, especially

A few million Americans retired earlier than expected during the pandemic, which became known as the Great Resignation. That broke a long-term trend in which the average retirement age gradually increased. But it looks like the long-term trend is back in place. Many of the pandemic retirees have returned to work or are thinking about

The concepts of cannabis use in our society are still confusing, as Federal law conflicts with state laws. 37 states have legalized the use of cannabis for medical use, and more are steadily legalizing it for recreational use as well. Federal law still classifies cannabis as a Schedule 1 drug, the same as heroin. States

Topline With the S&P 500 surging 17% since a low point in mid-June, big names like Ford, Tesla and Netflix have been among the top gainers, while several energy and consumer stocks have slumped despite the broad stock market rebound in recent months. Key Facts The benchmark S&P 500 index has erased most of its

Topline Though stocks have mounted a stunning comeback from June lows as investors grow more optimistic about cooling inflation and the Federal Reserve potentially scaling back interest rate hikes, the recent rebound is nothing more than a “classic bear” market rally which is likely to hit new lows, according to analysts at Bank of America.

Falling stock and bond prices coupled with higher prices for most goods and services are upending many retirement plans. That’s what happens when sequence of returns risk goes from a possibility to a realized event. About 48% of people who were planning to retire in 2022 are putting their plans on hold or reconsidering them,

Topline Shares of Bed Bath & Beyond, a favorite with the meme stock crowd, plunged after analysts warned that the retailer is losing a “key support leg” in the form of activist investor Ryan Cohen, who completed a sale of his more than 10% stake in the retailer late on Thursday. Key Facts Bed Bath

Topline Shares of Bed Bath & Beyond, a favorite with the meme stock crowd, plunged on Thursday after analysts warned that the retailer is losing a “key support leg” in the form of activist investor Ryan Cohen, who disclosed in filings yesterday that he plans to sell his more than 10% stake in the retailer.

Inflation is an obvious concern for retirees. Living on a fixed income and seeing volatility impact your retirement portfolio can be stressful and daunting. A silver lining may be on the horizon. The Senior Citizens League has indicated that the cost-of-living adjustment (COLA) for 2023 could be around 9.6%, the highest increase since 1981. COLA

Topline The stock market fell on Wednesday, with the recent rally on Wall Street taking a breather as investors assessed the latest batch of retail earnings—particularly a sharp drop in profits from Target—and minutes from the Federal Reserve’s July policy meeting. Key Facts Stocks reversed some of their gains from earlier this week: The Dow

Topline The Federal Reserve reaffirmed that it is unlikely to take its foot off the pedal as it continues to raise interest rates until inflation eases in a meaningful way, with officials indicating that it will “take some time” before a reversal in monetary policy, according to the minutes from the central bank’s latest policy