Women face many unique financial challenges in life. Eighty percent of women die single while 80% of men die married. The main reason for this are often women marry men a few years older. This, combined with longer life expectancies, creates the disparity in marital status at death.The average ...
When Franklin D. Roosevelt started Social Security in 1935, the goal was to make the program self-funding. That way, he hoped no politician would be able to hold it hostage to funding from general revenues. The funding would come from a special tax on wages paid equally by employer and ...
Recently, the Fitch Rating Service downgraded the U.S. long-term credit rating to AA+, down from AAA. This was only the second time in history that this happened; the other was in 2011. It took the action because of concerns of the growing national deficit and dysfunction in Washington. This ...
A few years ago, a major insurance company ran ads asking what is your magic retirement number. This was supposed to be the amount of savings someone had to acquire to be able to retire. Recently this same question was posed in a survey. Americans thought they would need nearly $1.3 million to ...
This week, I鈥檒l discuss the economy蘑菇视频 performance for the first six months of 2023. Inflation hit a high that we have not experienced since the 1980s. While many factors, including supply chain issues and excess government stimulus, increased inflation, it was the job of the Federal Reserve ...
This week, I鈥檒l discuss the economy蘑菇视频 performance for the first six months of 2023. Inflation hit a high that we have not experienced since the 1980s. While many factors, including supply chain issues and excess government stimulus, increased inflation, it was the job of the Federal Reserve ...
