Is there a way to comfortably retire on Social Security alone? | Smart Switch: Personal Finance

(Maurie Backman) The tricky thing about retirement planning is that it’s hard to anticipate what your costs of living will be like 15, 20, or 30 years from now. You may end up spending $1,000 a month on health care due to rising costs and multiple medical issues. Or maybe you don’t even spend half … Read more

Are S&P 500 Index Funds a Good Investment Right Now? | Smart Switch: Personal Finance

(KaileyHagen) The volatility of the stock market has many investors unsure about what to do with their money right now. Even the corporate giants have seen huge swings in their share prices, and there’s no telling when things will settle down again. That said, investing is still one of the best ways to grow your … Read more

Are S&P 500 Index Funds a Good Investment Right Now? | personal finance

(KaileyHagen) The volatility of the stock market has many investors unsure about what to do with their money right now. Even the corporate giants have seen huge swings in their share prices, and there’s no telling when things will settle down again. That said, investing is still one of the best ways to grow your … Read more

Managing personal finances as the pandemic continues to create uncertainty

WICHITA, Kan. (KWCH) – In the last two years of the pandemic, the financial dynamics of many people have changed. For some, it provided the opportunity to increase savings, while others faced more difficult times. One thing that continues after those almost two years is the uncertainty. Meritrust Credit Union Director of Financial Wellness Chris … Read more

2 differences between you and billionaires, and 1 thing you have in common | Smart Switch: Personal Finance

(Maurie Backman) Becoming a millionaire is doable even if you only earn an average income. However, becoming a billionaire is much less likely. But just because you aren’t or won’t become a billionaire doesn’t mean you can’t learn from those who are extraordinarily rich. And while you may not be able to take exactly the … Read more

The best personal finance book you’ll read this year – Chicago Tribune

If you’re going to read just one financial book this year, read “Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life” (Little, Brown Spark) by noted economist Laurence Kotlikoff, who also co-authored of the definitive book on Social Security, “Get What’s Yours.” Kotlikoff has the extraordinary ability to make complicated … Read more

2 ETFs That Are Everything You Need for Retirement | personal finance

(Chuck Saletta) In 1994, financial planner William Bengen made a compelling case for a very simple withdrawal strategy now commonly known as the 4% rule. His work showed how a diversified investment strategy between common stocks and medium-term Treasuries could help a retiree navigate a 30-year retirement with very little chance of running out of … Read more

How the Bling Ring gang used the Hollywood star’s house as a “personal ATM” and stole millions from celebrities with scandalous tricks

THEY were the audacious Hollywood heists that made headlines around the world, as stars like Orlando Bloom, Megan Fox and Lindsay Lohan had £2.4m worth of jewellery, cash and clothes stolen. Now, two members of the infamous Bling Ring, who raided the homes of A-listers between 2008 and 2009, have revealed how they used gossip … Read more

The Truth About Leveraged and Inverse Exchange Traded Products | personal finance

(FINRA Staff) Exchange Traded Products (ETPs), including exchange traded funds (ETFs), Commodity Funds, and Exchange Traded Notes (ETNs) are a popular way to invest, with thousands of different products available to meet almost every imaginable investment goal. With such a wide variety of products available, it is important to remember that not all ETPs are … Read more

Why I don’t like online retirement calculators | Smart Switch: Personal Finance

(Maurie Backman) In the course of saving and planning for retirement, you may be tempted to use different tools to see if you’re on the right track. In fact, all you need to do is search for the words “online retirement calculator” and you’ll be presented with a host of free options to determine how … Read more

Do you need to get a personal cyber insurance policy?

As Covid has taken hold in the country in the last two years, so has cybercrime, especially after people started working from home. Cyber ​​security incidents increased to 14.02 lakh in 2021, from 2.08 lakh in 2018, according to CERT-In. Meanwhile, losses due to cybercrime (ATM/debit card, credit card and internet banking fraud) were estimated … Read more

Ramsey Solutions Annual State of Personal Finance 2021 Report Reveals Americans Are Hopeful About Finances in 2022

NASHVILLE, Tenn., February 28, 2022–(COMMERCIAL WIRE)–Despite a downward trend in the overall assessment of Americans and personal finances in 2021, 80 percent said they are hopeful about their financial situation in 2022. According to The state of personal finances Annual Report 2021 published by Ramsey Solutions, the optimism is consistent for those who are in … Read more

Here’s what investors need to watch with fuboTV stock | Smart Switch: Personal Finance

fuboTV (New York Stock Exchange: FUBO) You are in a competitive market. But can the sports-focused streaming platform prevail by adding a sports betting component to its platform? In this clip from “IPO & SPAC Show” on motley fool live, recorded on April 11Motley Fool contributors Nicholas Rossolillo, Danny Vena, and Jason Hall discuss fuboTV’s … Read more

Why I don’t like online retirement calculators | personal finance

(Maurie Backman) In the course of saving and planning for retirement, you may be tempted to use different tools to see if you’re on the right track. In fact, all you need to do is search for the words “online retirement calculator” and you’ll be presented with a host of free options to determine how … Read more

Before You Claim Social Security Early, Know These Rules | Smart Change: Personal Finance

(Maurie Backman) The decision to file for Social Security is not an easy one to make. That’s because your filing age will impact the amount of money you receive from the program each month. The earliest age you can sign up for benefits is age 62. However, you’re not entitled to your full monthly benefit … Read more