3 Retirement Strategies That Spin Circles Around a 401(k) | Smart Change: Personal Finance

(Chuck Saletta) It’s true that 401(k)s can be excellent places to start investing for retirement. Indeed, if you get a match on your contribution, investing to maximize that match is without a doubt the first investment you should make. But once you get past that match, there are often good reasons to take a different … Read more

2 Social Security changes that could benefit you in 2023 – and 1 that might cost you | Personal Finance

(Maurie Backman) While Social Security has been around for many decades, the program tends to change every year. Some of those changes can be positive in nature. Others, not so much. In 2023, things could look very different in the field of Social Security. But while some of the changes we can expect are positive … Read more

3 reasons to avoid dividend paying stocks | Smart Change: Personal Finance

(Maurie Backman) It’s easy to see why dividend stocks might appeal to investors. After all, who wouldn’t want the chance to sit back, do nothing and enjoy a steady stream of payments? But while dividend stocks can serve as a great passive income tool, they aren’t automatically a great investment. Here’s why it pays to … Read more

3 Retirement Strategies That Spin Circles Around a 401(k) | Smart Change: Personal Finance

(Chuck Saletta) It’s true that 401(k)s can be excellent places to start investing for retirement. Indeed, if you get a match on your contribution, investing to maximize that match is without a doubt the first investment you should make. But once you get past that match, there are often good reasons to take a different … Read more

If you receive Social Security benefits, prepare for a record increase in 2023 | Smart Change: Personal Finance

(Mark blank) This has been a whirlwind year so far, with inflation hitting its 40-year high and eating up Americans’ savings. Inflation tends to hit seniors even harder because their budgets have little wiggle room and health care costs tend to rise as we age. But for Social Security recipients, there may be some relief. … Read more

Less than half of employees believe they will meet their retirement savings goals. Do these things when you have to catch up | Personal Finance

(Maurie Backman) It’s not uncommon to come up with a magic savings number during your retirement planning — a number that you believe will contribute to long-term financial security and the ability to enjoy your senior years to the fullest. Maybe that number is $1 million. Maybe it’s $2 million. There is no such thing … Read more

2 Social Security changes that could benefit you in 2023 – and 1 that might cost you | Personal Finance

(Maurie Backman) While Social Security has been around for many decades, the program tends to change every year. Some of those changes can be positive in nature. Others, not so much. In 2023, things could look very different in the field of Social Security. But while some of the changes we can expect are positive … Read more

2 Social Security changes that could benefit you in 2023 – and 1 that might cost you | Smart Change: Personal Finance

(Maurie Backman) While Social Security has been around for many decades, the program tends to change every year. Some of those changes can be positive in nature. Others, not so much. In 2023, things could look very different in the field of Social Security. But while some of the changes we can expect are positive … Read more

How Private Equity Can Teach You To Resist Recessions | Personal Finance

(Carolina Hartley) Private equity (PE) investments are not listed on public markets. With money from institutional and individual investors, PE groups buy companies that they want to refurbish and turn around – hopefully for a hefty profit. Since this asset class became popular in the 1970s and 1980s, PE’s patient, long-term approach to investing has … Read more

Here’s Exactly How To Optimize For Social Security’s $4,194 Monthly Cap | Smart Change: Personal Finance

(Kailey Hagen) A monthly Social Security check of $4,194 can help you fund a fairly comfortable retirement, especially if you also have personal savings. Few people manage to do this. If you’re up for the challenge, here are the three steps you need to take to lock in the maximum Social Security benefit. Step one: … Read more