For some, 2020 will be the year that retirement becomes a reality. For others, it will be a financial improbability. Retirement readiness nationwide is shaky overall. Only 23% of men and just 12% of women are “very confident” in their ability to fully retire with a comfortable lifestyle, according to recent research from the Transamerica
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Getty A lot of people these days believe they’ll receive little or nothing from Social Security. They’ll hear otherwise from Social Security, which will provide statements of estimated benefits to those who request. Most workers who are age 60 or over are mailed the statements each year, whether they ask for them or not. Beginning
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This survey of high-payout funds will steer you to the bargains and warn you of the pitfalls. How to pay for it? Getty Stocks and bonds yield 2% these days. That’s problematic if you had in mind withdrawing 4% a year from your savings. Wall Street’s answer to this predicament: a rich menu of exchange-traded
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In November 2020, Baltimore’s American Visionary Art Museum will mark its 25th anniversary with a retrospective show featuring work from its past 40 exhibitions. Pictured here, “What, Me Worry” bed by Patty Kuzbida. Nick Prevas | AVAM If history, art and eclectic adventures are what you seek out when you travel, you’ll have plenty of
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Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images News | Getty Images When it comes to money-managing, three is better than one. “Teams do better than single-managed funds,” Michael Mauboussin, director of research at BlueMountain Capital Management, said at the Project Punch Card Conference
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There’s one form of discrimination that the 1990 Americans with Disabilities Act didn’t fix: economic. Until recently, people who were eligible for federal assistance programs such as Medicaid and SSI still faced an uneven playing ground. Using these programs meant you could not have assets over $2,000, a paltry amount when you consider life’s various
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An interview with billionaire private equity titan and founder of Blackstone, Stephen Schwarzman. In this interview, Stephen discusses his motivations and journey in creating Blackstone. Stephen also talks about early deals, hiring the right people and interest rates. ???? Books on Stephen Schwarzman and Stephen Schwarzman’s favourite books are located at the bottom of the
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By Michele Wojciechowski, Next Avenue Contributor Getty It’s the most wonderful time of the year — unless you get scammed. “In this season of generosity, people let down their guards and tend not to be as skeptical as they would be the rest of the year,” says Christopher Elliott, founder of the consumer-advice nonprofit Elliott Advocacy
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