Retirement

The House Democrats’ coronovirus economic package is generous, and complex. Getty How should the federal government mitigate the economic effects of the emerging pandemic’s disruption? The White House has not yet provided a specific package of legislative proposals, but for its suggestion of a cut in the payroll (FICA/Social Security) tax which The Hill and
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Resident with visitor flickr Editorial/Getty Images As the coronavirus spreads, many nursing homes and assisted living facilities are discouraging family members from visiting loved ones, and they are screening those who do come. President Trump created additional confusion last night when he urged facilities to “suspend all non-essential visits.” What should you do? There is
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The spreading coronavirus affects the financial health of millions of low-wage workers. Getty The evolving coronavirus pandemic is shining a light on massive disparities in the U.S. labor market. It is not enough to have a job. People also need good jobs to be financially secure, especially when facing the challenges associated with the spread
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Getty The reaction you get when you tell someone that you are going to retire is generally one of enthusiastic congratulations. They will tell you how much you are going to love it, how lucky you are, that you deserve it, and on and on. But how does it make you really feel? For many people, it frequently
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Understanding the relationship between bond risk and time to maturity and duration of a bond provides the basis for understanding the bond yield curve. The yield curve shows the yields to maturity for a series of bonds—typically US Treasury bonds—with the same credit quality but different maturity dates, along with the term structure for interest
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By Kelly K. James, Next Avenue Contributor Two friends having conversation at work, woman in her 50s wearing glasses smiling and facing female … [+] manager, agreement, support, collaboration Getty When Kathy Pauss retired from her job as a school secretary a few months before turning 65, the Downers Grove, Ill. resident thought it was
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CHICAGO, IL – OCTOBER 01: Illinois gubernatorial candidate J.B. Pritzker speaks during a round table … [+] discussion with high school students at a creative workspace for women on October 1, 2018 in Chicago, Illinois. Pritzker was joined by his Illinois gubernatorial Lieutenant Governor candidate Juliana Stratton and former Secretary of State Hillary Clinton as
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null Getty You’re probably familiar with the idea of a work sabbatical: a paid leave, usually from one month to a year, often to study or travel. But what about a soulbbatical? Never heard that word? It’s OK. Shelley Paxton, author of Soulbbatical: A Corporate Rebel’s Guide to Finding Your Best Life, made it up
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You’re tired of the cold and snow. You want to retain a home up North but want to winter down South. Is being a snowbird in your future?  Having just gone through the process myself, I can report that “snowbirding” is both gratifying and terrifying. If you want to get more of the former and
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Retirees are sacrificing their own retirement savings in order to help their adult children … [+] financially. Getty Are You Supporting Your Adult Children While Endangering Your Own Financial Security?  As an 80-year-old widower I’ll call “Fred” told me, some parents may derive pleasure in helping adult children financially, especially if the children chose careers
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Getty The start of a new year is when many of us ask ourselves what lies ahead personally, professionally and financially. We happily hang a colorful 2020 calendar, jot down birthdays, upcoming vacations, and other future events. My guess is, however, you don’t mark down personal finance events and deadlines there. Big mistake. For your
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Exit Getty A look at certain statutes with unintended consequences. “Ageism in the Workplace” is the cover feature of the February 2020 AARP Bulletin. Tales are told of older workers mistreated or axed, and of their sometimes victorious lawsuits. One must feel some pity for winners of age discrimination lawsuits. What prospective employer would ever
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Getty What’s does 2020 hold for your utility stocks (and closed-end funds)? Will these steady income plays hand us another round of big gains and dividends? Or is there trouble ahead? These are reasonable questions to ask after these “boring” stocks poured on a huge—and rather “un-utility-like”—26% total return last year! Let’s dive into three
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