Well, maybe not in love (see Romeo, Juliet, etc.) but according to – gasp! – both parties in Congress and former President Joe Biden, Social Security is getting a little fairer this year. The Social Security Fairness Act, signed into law by President Biden on January 5, 2025, ends the Windfall Elimination Provision (WEP) and…
It was suggested that I write an article about the Delta Dental annual report about the average Tooth Fairy payout decreasing in 2023. And I just couldn’t figure out anything to say about it. The a-ha moment I got from USA Today article discussing the report is that people actually try to extrapolate serious economic…
Is it safe to write about the banking crises that almost was? I try not to feed into the media frenzy when financial news is freaking people out. Maybe we can look back now and see what happened and if you should (or should not) worry about the banking system. First, why do banks fail? …
Okay, were you REALLY that much happier in your life back when your investments were worth 25% more? Probably, but research says that wealth is only part of the happiness equation. In years like 2022, it might be important to remember that. Thanks to Alert Reader Sean Sullivan for passing along this article from…
What is the Inflation Reduction Act of 2022? Is it just a lesson on being more careful when naming laws? Is it an inflation law, a climate law, or an insurance law? As with all laws, it’s complicated so here are three things you may find helpful in the new regulations. Drug costs for…
But the decision to focus on saving for a house before you pay off your student loans is one you should make in the context of your total financial life. Two to three financial goals are the most anyone can work on at one time. CLICK HERE FOR THE FULL ARTICLE
“Remember, the physical guardian of your kids doesn’t have to be the same person as the monetary guardian…It doesn’t have to be the same person handling the emotional and financial well-being of the minor children.” CLICK HERE FOR THE FULL ARTICLE
Ah, the books, debates, software applications, and gnashing of teeth around the perfect order to tap into retirement savings. Herewith, two reasons I think the conversation is overblown, followed by three ways to think about the mysterious Order of Withdrawal. CLICK HERE FOR THE FULL ARTICLE
Kristin Sullivan, owner of Sullivan Financial Planning, also embraces the cautious approach saying, “if you truly need the stability of cash as an emergency fund or for expenses coming up in the next 12 to 18 months, you need to let go of beating inflation as a goal.” “Instead, calculate the smallest amount that needs…
“You could call it business, but it’s really more of interesting ways to look at life in general.” CLICK HERE FOR THE FULL ARTICLE
Stay organized and prepared for retirement with my comprehensive checklist and timeline. Enter your name and email below to get instant access.
