How to Save for Retirement in Tough Times, According to the Top Financial Expert

Kristen Benz morning star ‘s Personal Finance Manager, is a mixture of analytical and practical. Her analytical side says US growth stocks are overvalued, so she advises investors to take on foreign stocks and cheaper US-value stocks. Its practical side understands that Americans are worried about their mortgage loans or saving enough to send their … Read more

Americans Underestimate These Major Retirement Expenditures | Smart Change: Personal Finance

(Morri Bachmann) Many people retire on the assumption that their cost of living will magically decrease. It may happen to some extent. If you can make your home payments before retirement, you may not have a mortgage to deal with by the time your job in the workforce is over. Likewise, if you’re not commuting … Read more

3 reasons why you need international stocks in your portfolio | personal financing

(Steven Walters) Investment is not and should not be limited to the United States. Their activity is limited to US companies only. As an investor, you want to give yourself the best chance of getting a good return on your investment, and you can push yourself towards that by looking outside the US Here are … Read more

Want a maximum Social Security benefit of $4,194? This is the salary you need | Smart Change: Personal Finance

(Selina Marangian) If you plan to rely mostly on Social Security in retirement, you may want to rethink your plan. The average monthly retirement benefit recently was just $1,666 — or about $20,000 year-over-year — and it probably wasn’t the kind of income you imagined for yourself. (Note also that it is average, which means … Read more

Inflation makes everyone spend more, but it may be the engine to save our money — and our planet

Inflation worries many Americans — a jump in the price of groceries and gas means paying more for fewer items, and potentially restricting any savings in the future. But it could also be an opportunity to rethink daily spending, and perhaps even help the environment. There is a link between consumer spending and climate change. … Read more

Invest smart and not harder with these 3 methods | personal financing

(Steven Walters) Investing doesn’t have to be difficult. In fact, it shouldn’t be difficult – it should be rewarding. Fortunately, there are things you can do to become a smarter investor that doesn’t require you to work any harder. Here are three methods you can use to invest smarter rather than too seriously. Image source: … Read more

Americans Underestimate These Major Retirement Expenditures | personal financing

(Morri Bachmann) Many people retire on the assumption that their cost of living will magically decrease. It may happen to some extent. If you can make your home payments before retirement, you may not have a mortgage to deal with by the time your job in the workforce is over. Likewise, if you’re not commuting … Read more

The ridiculous way you could end up losing Social Security | personal financing

(Morri Bachmann) Social Security is an important source of income for many seniors. And chances are, you’ll end up relying on the benefits you get once your time in the workforce is over. That’s why you might be motivated to get the highest possible monthly interest. And there are steps you can take to achieve … Read more

The ridiculous way you could end up losing Social Security | Smart Change: Personal Finance

(Morri Bachmann) Social Security is an important source of income for many seniors. And chances are, you’ll end up relying on the benefits you get once your time in the workforce is over. That’s why you might be motivated to get the highest possible monthly interest. And there are steps you can take to achieve … Read more

How much will health care cost in retirement? Prepare to be shocked | personal financing

(Morri Bachmann) It’s a big misconception that the cost of living drops dramatically in retirement. The truth is that some of your expenses may go down, but others may go up as well. Healthcare is likely to fall into the latter category. That’s because medical problems tend to arise as we age, and also because … Read more