Personal finance

How to Beat the Average $ 1,661 Monthly Social Security Benefit | Smart Change: Personal Finance

(Sam Swenson, CFA, CPA) Getting the most out of Social Security is a common goal for those approaching retirement, and understandably so: With inflation at a multidecade high and pension plans increasingly uncommon, funding retirement isn’t as seamless as it once was. The good news is that if you’re still working, there are a number …

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How to Beat the Average $ 1,661 Monthly Social Security Benefit | Personal-finance

(Sam Swenson, CFA, CPA) Getting the most out of Social Security is a common goal for those approaching retirement, and understandably so: With inflation at a multidecade high and pension plans increasingly uncommon, funding retirement isn’t as seamless as it once was. The good news is that if you’re still working, there are a number …

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4 Things Your Emergency Fund Should Be Able to Cover

Image source: Getty Images Make sure you’re all set in the savings department. Key points It’s important to have a fully-loaded emergency fund at all times. That means having enough money to cover specific expenses, like big repairs and your health insurance deductible. Having an emergency fund could spell the difference between covering unplanned bills …

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Dollar General turns away activists and workers from shareholder meeting after they arrived late and USDA offers to help states access more baby-formula brands for low-income families

Hi, MarketWatchers. Don’t miss these top stories. Dear college grads: I used to think networking was tacky. Now I know it’s the most valuable thing you can do Networking feels a little unfair. But at the core it’s about helping others. Read More ‘You saw us coming’: Dollar General turns away activists and workers from …

Dollar General turns away activists and workers from shareholder meeting after they arrived late and USDA offers to help states access more baby-formula brands for low-income families Read More »

This Social Security Decision Could Cost You More Than $ 800 per Month | Smart Change: Personal Finance

(Katie Brockman) It’s getting more and more challenging to save for retirement, and many workers head into their senior years depending on Social Security benefits to make ends meet. However, the average retiree only collects $ 1,657 per month, according to the Social Security Administration, which adds up to just under $ 20,000 per year. …

This Social Security Decision Could Cost You More Than $ 800 per Month | Smart Change: Personal Finance Read More »

Are You Eligible for the $ 4,194 Max Social Security Benefit? | Personal-finance

(Sam Swenson, CFA, CPA) Attaining the maximum Social Security benefit is no easy task, which is why only a small percentage of retirees actually receive it. On one hand, the steps to earning monthly checks of $ 4,194 are concrete and mathematically driven. On the other hand, you’ll also need to be fortunate enough to …

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This Social Security Decision Could Cost You More Than $ 800 per Month | Personal-finance

(Katie Brockman) It’s getting more and more challenging to save for retirement, and many workers head into their senior years depending on Social Security benefits to make ends meet. However, the average retiree only collects $ 1,657 per month, according to the Social Security Administration, which adds up to just under $ 20,000 per year. …

This Social Security Decision Could Cost You More Than $ 800 per Month | Personal-finance Read More »

Your Decision to Delay Social Security Could Backfire If This One Thing Happens | Smart Change: Personal Finance

(Maurie Backman) Many seniors depend on Social Security to provide the bulk of their retirement income. As such, many take steps to score as high a benefit as possible. The monthly benefit you’re entitled to during retirement is based on your wages during your 35 most highly paid years in the labor force. And you’re …

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5 Ways to Prepare for Better Interest Rates in Savings Accounts | Smart Change: Personal Finance

Kurt Woock The Federal Reserve has raised its rate twice in 2022 and has said additional bumps are likely. These changes are designed to wrestle inflation down to manageable levels, but they have ripple effects in other areas of the economy – with mortgage rates and credit card interest rates heading up and the stock …

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