personal finance

3 Key Things About Social Security’s Big 2023 Boost Retired Seniors Should Know | Smart Change: Personal Finance

(Kailey Hagen) Nothing’s been finalized yet, but 2023 seems poised to bring Social Security’s biggest increase in over 40 years. This is a big deal for the millions of Americans who count on Social Security to help them cover their expenses. But there are still a lot of misconceptions about this impending benefit boost. Here …

3 Key Things About Social Security’s Big 2023 Boost Retired Seniors Should Know | Smart Change: Personal Finance Read More »

Best Budget Apps for Couples in 2022 | Saving and Budgeting

Managing your money can be difficult enough when it’s just you. Throw in another person with his or her own expenses, accounts and spending habits, and it becomes even harder to track expenses and stay on budget. Thankfully, there are an array of budget apps for couples that you can share with your spouse or …

Best Budget Apps for Couples in 2022 | Saving and Budgeting Read More »

3 Ways to Score a Richer Monthly Social Security Payout | Personal finance

(Kailey Hagen) Seniors are usually the ones claiming Social Security, but they’re not the only people who should be thinking about it. If you plan to rely on Social Security in retirement, you need to understand how the decisions you make today will affect your benefits later. Here are three things you can start doing …

3 Ways to Score a Richer Monthly Social Security Payout | Personal finance Read More »

Want More Social Security? Make These Key Moves While You’re Still Working | Smart Change: Personal Finance

(Maurie Backman) Saving for retirement is important. While you can expect some monthly income from Social Security, those benefits may not be enough to cover all your bills. That said, there are steps you can take to lock in a higher monthly Social Security benefit. And the good news? You don’t have to wait until …

Want More Social Security? Make These Key Moves While You’re Still Working | Smart Change: Personal Finance Read More »

Market route sends US state and city pension funds to worst year since 2009

Public pension plans lost a median 7.9% in the year ended June 30, according to Wilshire Trust Universe Comparison Service data released Tuesday, their worst annual performance since 2009 and a fresh sign of the chronic financial stress facing and retirement savers. Much of the damage occurred in April, May and June, when global markets …

Market route sends US state and city pension funds to worst year since 2009 Read More »

Want More Social Security? Make These Key Moves While You’re Still Working | Smart Change: Personal Finance

(Maurie Backman) Saving for retirement is important. While you can expect some monthly income from Social Security, those benefits may not be enough to cover all your bills. That said, there are steps you can take to lock in a higher monthly Social Security benefit. And the good news? You don’t have to wait until …

Want More Social Security? Make These Key Moves While You’re Still Working | Smart Change: Personal Finance Read More »

What Everyone Gets Wrong About the Future of Social Security | Personal finance

(Katie Brockman) Social Security benefits are an integral source of income for millions of retirees, so it pays to understand as much as possible about how the program works. There are some misconceptions about Social Security that could potentially affect your retirement plans, and there’s one thing many people get wrong about the program’s future …

What Everyone Gets Wrong About the Future of Social Security | Personal finance Read More »

This savings account is now paying 5% — plus other accounts that offer $100+ cash bonuses and more

Some savings accounts pay far more than others Getty Images/iStockphoto The national average interest rate for savings accounts is a paltry 0.11%, according to Bankrate data from July 27. The good news? Many online banks offer rates far higher than the national average — something you may want to consider as pros say that despite …

This savings account is now paying 5% — plus other accounts that offer $100+ cash bonuses and more Read More »

Generation Z, Prepare for Retirement Fund Sticker Shock | Smart Change: Personal Finance

(Kailey Hagen) Generation Z — those born between 1997 and 2012 — are the newest workers on the scene and, despite the pandemic, inflation, and everything else we’ve gone through in the last few years, they remain optimistic about their futures. Their average estimated retirement age is 63.6, according to a recent BlackRock survey. That’s …

Generation Z, Prepare for Retirement Fund Sticker Shock | Smart Change: Personal Finance Read More »

Here’s Exactly How to Optimize for the $4,194 Social Security Monthly Max | Smart Change: Personal Finance

(Kailey Hagen) A $4,194 monthly Social Security check could help you finance a pretty comfortable retirement, especially if you have personal savings too. But few people manage to pull this off. 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 …

Here’s Exactly How to Optimize for the $4,194 Social Security Monthly Max | Smart Change: Personal Finance Read More »