Weekly Tips & Strategies

Weekly Tips & Strategies

Written on 09/28/2019
Professor Anthony Rivieccio, MBA, PFA

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Retirement Planning

The changing faces of Retirement

Retirement Planning

The changing faces of Retirement

This Is the Average Social Security Benefit Check Following the Latest COLA | The Motley Fool

Every October, tens of millions of Social Security beneficiaries wait on the edge of their seats for the most important announcement of the year. You see, the second week of October is when the U.S. Bureau of Labor Statistics (BLS) releases September's inflation data, providing the last piece of the puzzle needed to calculate Social Security's cost-of-living adjustment (COLA) for the upcoming year.

6 Social Security Changes for 2019

For 2019, more than 67 million Social Security recipients saw a 2.8% cost-of-living adjustment (COLA) to their monthly benefits. The adjustment helps benefits keep pace with inflation and is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) as calculated by the Bureau of Labor Statistics (BLS).

A financial planner's best tool to start investing has probably been in front of you all along

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. If you're wondering how to invest money, the answer isn't all that complicated.

How much you can expect to receive from Social Security if you make $50,000 a year

Your Social Security benefits are based on income, the year you were born and the age you decide to start taking money out. So what if you earn a $50,000 salary? Here's how your monthly benefit amount is calculated.

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Tips & Strategies

60 Day Rollovers By Ed Slott

Many people use this IRA distribution tactic as a short term loan , with the intention of paying it back. Some do. Many do not

Note there are many issues that come with lateness, including another one: if you are under the age of 59 1/2 because now, an additional 10% penalty now applies.

Now you can fight this penalty to US Tax Court, but are you ready to spend legal fees that , with the new changes in law, that you can not deduct?.

There are only three safe measures: a hardship waiver, a private letter ruling or self certification.

Risks Of DIY Retirement Savings Are Real As People Lose $4 Trillion In Just 3 Months

Households lost trillions in wealth in the last three months of 2018, most recent data from the Federal Reserve show. These losses starkly illustrate the risks that people face when they need to make retirement and savings decisions mainly on their own.

Retirement, Estate Planning: Documents You Should Have

Managing your estate, regardless of the size, begins with working with an expert to help give you greater control, privacy and security of your legacy - the one you worked so hard to build. The documents you need to get started are outlined below:

Is inflation a threat??? By Mark Miller

While you are putting away money for retirement and accumulating jnterest- is inflation taking it all away? In some ways, yes! Some of our retirement income sources are not inflation adjusted.

From 1900 , every ten years, to today, are average rate of inflation is 3.15% Nite though, in 20 years, inflation will eat that purchasing power by as much as 70%.

Social Security for 2020 is already scheduled to increase to 2.8%. Inflation adjusted US Treasury bonds seem to be the only way to both preserve your principal while adjusting for inflation


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Tips & Strategies


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