Some Americans nearing retirement are facing a harsh reality. They haven’t saved nearly enough for retirement and must now decide how to address the looming shortfall. The following is a list of suggestions for helping those nearing retirement to increase the amount of disposable income necessary to insure they don’t outlive their projected income stream. […]
The average American has about $73,000 saved and more than $98,800 set aside for retirement. Yet the hard truth is that most Americans couldn’t save for retirement, even if they wanted to. For example, the average American household owes over $92,700 in debts. Meanwhile, the typical American worker is only making about $48,700 annually in […]
The United States often has millions of jobs vacant, even if millions are out looking for work. That means if you are retired and looking for work, your odds of finding something usually are pretty good. However, there are three ways you should consider how your retirement might be affected by going back to work. […]
Most victims of auto dealer fraud don’t realize it until long after purchase. The purchase price can be inflated by deceptively hiding the full options package. Or employing bait-and-switch schemes to get you to buy a more expensive vehicle. Don’t even get us started on dealer financing! There are numerous ways you can get conned […]
Your credit score is one of the most important numbers that lenders use to determine your creditworthiness. The higher your score, the better your chances of getting approved for loans and credit cards with favorable terms and lower interest rates. If you have a low credit score, it can make it difficult to qualify for […]
Working full-time or part-time as a senior citizen can be self-defeating in a world where the cost of living standards is always rising. The median salary for most senior citizens working in 2018 was barely $22,000. However, the typical retiree needs at least $45,000 annually to cover their living expenses. If you are age 65 […]
Wall Street analysts have a penchant for jumping on the conventional wisdom bandwagon and reflexively engaging in group think. One of the most common examples of this phenomenon is the unwavering belief, embraced by investors and analysts alike, that electric or self-driving vehicles are the implacable wave of the future. But far too many who […]
Many Americans are retiring abroad to save money and make their retirement savings last longer. Over 413,000 American retirees access their Social Security benefits outside of the United States. However, many Americans are wary of retiring abroad. They will have to adjust to new cultures, downgrade standard of living lifestyles, and learn a new language. […]
Bread is one of the most common foods in the American diet. Toast for breakfast. Sandwiches for lunch. Dinner rolls at night. But what many people don’t realize is that one type of bread may quietly contribute to rising blood pressure — even in people who otherwise eat a relatively healthy diet. And the problem […]
Careful what you wish for in life — you just might get it. Winning the lottery, for instance. Most people don’t understand how much winning the lottery can change a life. First off, lottery taxes will diminish the size of your winnings significantly. Then family, friends, even strangers will beg you for money incessantly. You’ll […]
