Money
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9 Factors That Affect the Size of Your Social Security Check
PeopleImages.com – Yuri A / Shutterstock.com How much money will be in your Social Security retirement check and how much can you keep? For retirees, these are burning questions. Even retirees who continue to work may count heavily on this long-anticipated monthly benefit. Here we take a look at the deciding factors behind the size of your check and how…
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5 College Majors That May Not Pay Off
Ollyy / Shutterstock.com Earn a degree, land a job, live the dream — right? Maybe not. Recently published data from the Federal Reserve Bank of New York (FRBNY) shows that starting salaries barely crack $40,000 for graduates in some fields, which is less than many jobs requiring only a high school diploma. With student loan payments looming and living costs…
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How Fast Can Fortunes Change? Lessons From the Fed Survey
Artashes / Shutterstock.com The Federal Reserve’s latest Survey of Consumer Finances reveals how dramatically American household wealth shifted during the pandemic. Families experienced unprecedented financial changes that created clear winners and losers across all income levels. Some households built substantial savings while others fell further behind. Homeowners saw massive property value gains while renters… Source link
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How Older Americans Are Powering an $8.3 Trillion Economic Revolution
Studio Romantic / Shutterstock.com Americans over 50 now control a vast portion of the country’s wealth, and businesses are taking notice. AARP’s Longevity Economy Outlook estimates the 50+ age group contributes about $8.3 trillion a year — and that figure is several years old. Yet stereotypes persist. Many firms still treat this demographic as tech-averse or stuck in their ways. Several long-term…
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Why Women Face a $400,000 Retirement Savings Gap and How New Laws Could Help
Jason Stitt / Shutterstock.com The retirement savings gap between men and women remains a pressing concern, with women often entering retirement with significantly less financial security. CNBC estimates that women enter retirement with up to $400,000 less than men, reflecting a lifetime of lower wages, interrupted careers, and unequal access to retirement benefits. To address this, Congress has reintroduced the…
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10 Questions to Ask Before Taking a Job in Retirement
Drazen Zigic / Shutterstock.com More Americans are working after retirement, whether for financial stability, social connection, or personal fulfillment. About 19% of adults 65 and older are still employed, according to a 2024 Pew Research Center analysis. But before you take on a new role, it’s important to think through how it fits into your retirement plans. These ten questions…
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Millions of Americans Are Working Past 65 and Reshaping the Meaning of Retirement
Image Point Fr / Shutterstock.com Working well into your 60s, 70s, and even 80s isn’t just becoming more common. It’s transforming retirement in America. Nearly one in five adults over 65 now holds a job, a figure that continues to climb, according to a Pew Research Center analysis. This shift marks a dramatic departure from recent decades. The Pew analysis…
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Jobs Report Eases Recession Fears: What It Means for Your Money
fizkes / Shutterstock.com The latest May jobs data just delivered a reality check to anyone stockpiling canned goods and preparing for economic doomsday. U.S. employers added 139,000 jobs in May, beating expectations, and the unemployment rate held steady at 4.2 percent — a historically low level that reflects a healthy labor market, according to reports from Investopedia and Reuters. TheStreet…
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Profit Fast: 6 Shrewd Moves to Make As Pennies Disappear
trekandshoot / Shutterstock.com The penny’s days are numbered, and while its disappearance might seem like a small change, it signals bigger shifts in how we spend, save, and value money. The U.S. Mint courts that it produces over 7 billion pennies each year, yet each one costs about 2.5 cents to make, making it a money-losing effort for the government.…
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No Experience Needed for These 20 Remote Jobs (Plus Hiring Companies)
Likoper / Shutterstock.com You want to jump into the world of remote work, but you don’t have formal experience in any of the fields you’re interested in. Maybe you just graduated. Maybe you spent years as a caregiver. Whatever the case, you’re now googling “remote jobs no experience,” and it seems like you’re not qualified for anything. But there are…
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