WHO ARE THEY? • Financial fraudsters are after your assets. • Identity thieves steal your personal information (often to then commit financial fraud). WHAT DO THEY WANT? YOUR MONEY AND YOUR LIFE • Social Security Numbers, passports, driver’s licenses, and similar identifying information. • Financial account and credit card numbers. • Passwords (or insights about …
In planning for retirement, one topic is often top of mind: What if Social Security goes bust? Most of us have been paying into the program our entire working life, and we’re counting on receiving some of that money back in retirement. But then there are those headlines, warning us that the Social Security trust …
Markets are powered by ingenuity. Viewing the market’s daily frenzy, it’s easy to forget where all that action is coming from to begin with. Close up, markets are a messy mix of companies, industries, sectors, and regions, often locked in fierce competition. But take a step back to view the whole. In aggregate, the stock …
Is rising inflation affecting your financial plan? Protecting the bulk of your wealth is mostly about building and maintaining a well-structured investment portfolio with a few anti-inflation elements. Outside of your core portfolio, there’s an inflation hedge to consider that might work for you. Consider purchasing U.S. Series I Saving Bonds (I Bonds), whose payouts …
Retirement is not as easy as it looks. Everyone has retirement dreams, but not many people spend time on the nitty-gritty details. If the word ‘retirement’ conjures thoughts of an older you relishing travel, volunteer work, and time with friends and family, that’s great. Or, perhaps, your version of retirement shows a younger you working …
Retirement is like a trip to a new destination. It’s unfamiliar and unpredictable territory, and your expectations are likely to have a tremendous influence on your happiness and satisfaction in retirement. In a recent article penned for the Nerd’s Eye View, Anna Rappaport wrote about the challenges that accompany the end of our working lives. …
Here are six ways to bolster your financial well-being. 1. Do nothing. Seriously. If you have a well-built investment portfolio in place, guided by a relevant investment plan, your best move in hyperactive markets is to let that plan be your guide. That often means doing nothing new with your holdings. I list investment inaction as …
