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On October 13, the Social Security Administration announced an 8.7 percent increase in Social Security benefits to account for rising inflation. This is the largest cost-of-living adjustment (COLA) since 1981 and amounts to an extra $146 a month for the average retiree, according to the Social Security Administration.
While it’s not something people like to think about, naming beneficiaries for your assets is critical to ensuring that your loved ones are taken care of when you are gone. Watch to learn about the types of assets that should have named beneficiaries, as well as how often you should review your designations.
Making smart money decisions before and during retirement can help protect your nest egg for years to come.
After you retire, you’ll probably focus more on your health than ever before.
In this article, we look at the benefits of naming a trusted contact for your investment accounts.
In this article, we look at the prospect of stagflation in the U.S.
When Dana Gibson was feted at her 80th birthday party, several people attested to how she operates more like a 60-year-old than an 80-year-old. She travels extensively—though her exploring the wilds of Guatemala may have slowed down—attends Broadway plays and cultural events, plays tennis several times a week, hikes, volunteers at a church, is as active as many millennials, and looks 20 years younger than her age.
After a long buildup on the Ukrainian border, Russian troops invaded Ukraine in late February, sparking a regional war and unleashing a major humanitarian crisis. The world responded with economic sanctions against Russia, humanitarian support forUkrainian refugees, and money and arms for the Ukrainian defense.