As the economy continues to recover from the effects of the pandemic over the past year, you may have noticed the term ‘inflation’ coming up in the news. But don’t let it scare you! The fact is, some inflation is good because it means the economy is bouncing back....
For many of us, Social Security plays an important part in our financial plans for retirement or later stage of life. Even if you’re years away from applying for benefits, there are good reasons to set up your online Social Security account...
Ancient Chinese merchants were said to have developed a unique way to manage their risk. They would divide their shipments among several different vessels. That way, if one ship were to sink or be attacked by pirates, the rest stood a good chance of getting through....
When trying to identify the most efficient ways to maximize retirement savings, it’s not unusual to ask the million dollar question, “Is it better to use my income to pay off debt or save for retirement?” Not all debt should be treated equally. The trick to knowing...
The Social Security Disability Insurance program is projected to pay out approximately $133 billion in benefits this year. With new applicants each year, the system is expected to exhaust its reserves at the end of 2035 if changes aren’t made.1,2 Qualifying for...
April is financial literacy month. The TIAA Institute recently conducted a survey on U.S. financial literacy, asking 28 basic questions about retirement saving, debt management, budgeting, and other financial matters. The average respondent answered only about half of...
