Make no mistake: Inflation is an enemy of your retirement savings. Over time, even relatively low...
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When people hear about hackers getting access to card numbers and other personal information, they probably worry about identity theft or fraud to their bank accounts and credit cards. However, in this scenario, it is important that people also ensure the security of their
The largest cost-of-living-adjustment since 1982 to impact 90% of seniors. On October 13, the Social Security Administration announced that Social Security benefits for tens of millions of Americans will increase in 2022. The press release stated the following: “Social
It is estimated that only one in three people have planned their retirement. Also, that seven out of ten people will need long-term care services at some point during that period, said Carlos López, Popular’s retirement planning specialist. Therefore, some people have left
The word retirement may sound like something that’s too far away. It probably isn’t even among your priorities. However, now that your adult life is starting and you’re gradually taking on more responsibilities, it’s important to understand that the earlier you start
Heading into your retirement years brings a slew of new topics to deal with, and one of the most exasperating may be Medicare. Figuring out when and what to enroll in and what coverage will be best for you can be daunting. To help you wade easily into the waters, here are eight
It is a good idea to review your retirement plan account statement in detail at least once a year. You will want to ensure that the information in your statement is accurate, as well as assess whether you should make any changes to your contribution level or investments going
Considering the current low interest rate environment and the expectations of the return of a volatile market, you may want to revisit your investing and financial strategies as well as your retirement timetable. Even if retirement is still several years away, you can determine
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After all those years of saving, investing and planning its finally time to retire. But what is it that those who successfully planned for the long term do to ensure their funds last for the duration of their retirement? Consider these strategies: Sacrifice current
Are you helping or hindering your future retirement security? It may be time to rethink your approach to retirement planning if any of the following apply to you. Failing to Understand Retirement Income Sources Too many people believe that Social Security will provide a
