(Daniel Foelber) Fight or flight is a natural survival mechanism. But history tells us that holding through periods of volatility is the best way to compound wealth over time. It’s tempting to fight a bear market by shifting your investment strategy toward whatever is working in the moment, or to sell everything and clear your …
(Catherine Brock) The best advice you can get about preparing for retirement might be from those who’ve already done it: retirees. In a new study from the independent Employee Benefit Research Institute (EBRI), called Retiree Reflections (PDF), retirees share insights about their past financial decisions and current financial worries. You might be able to use …
Fear is a powerful emotion. And when it gets involved with your finances, it can end up costing you. Instead of “trusting your gut,” set a long-term strategy and stick to it. Working with a professional can help. A mindfulness practice can also help you separate fear and anxiety from your money decisions. Loading Something …
3 Things You Can Do to Stop Your Emotions From Ruining Your Finances Read More »
(Keith Speights) Bad news usually gets more attention than good news does. That’s especially the case when the news is about Social Security, a program that millions of Americans depend on to help make ends meet every month. There’s been plenty of bad news lately about Social Security lately. The Social Security Trustees recently released …
Whether you’re aiming to start a business, expand an existing one, retire early, or just upgrade your lifestyle, an essential first step is getting your financial house in order. And there is no shortage of tools out there to help you. A million and one retirement calculators, budget apps, and helpful rules of thumb offer …
(Maurie Backman) Social Security has been around for a long time, and certain aspects of the program can change from year to year. But Social Security has a number of basic rules it’s important to know about. And buying into these misconceptions could leave you with less money during retirement. 1. Benefits are only reduced …
(Mark Blank) For the last several decades, a curious statistic has kept popping up in various studies all over the world. It seems women tend to generate a consistently higher rate of return than men when it comes to investing. This was first reported by a research team from the University of California at Berkeley. …
(Maurie Backman) Social Security has been around for a long time, and certain aspects of the program can change from year to year. But Social Security has a number of basic rules it’s important to know about. And buying into these misconceptions could leave you with less money during retirement. 1. Benefits are only reduced …
Image source: Getty Images Learn how to become financially independent through a side gig. Key points One in three Americans have a side hustle, and more plan on starting one. A side hustle can help you generate extra income and help develop new skills. There are plenty of opportunities available such as starting a blog, …
(Christy Bieber) If you’re retiring, you need to make smart financial decisions to ensure you’re comfortable in your later years. This is especially important when it comes to Social Security since you’ll likely rely on these benefits to help you cover your costs — especially since they adjust due to inflation and don’t run out …
Retirees Can’t Afford These 3 Social Security Mistakes | Smart Change: Personal Finance Read More »
