Most workers approaching their retirement years haven’t saved enough money to retire full time at age 65 and continue their current level of spending. Let that disturbing conclusion sink in for a while. Unfortunately, many workers haven’t realized this fact and have unrealistic assumptions about when they can retire and…

This article was written byFollowProviding alpha-generating investment ideas. I am an independent investor managing my family’s portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge me on my performance.I have…

This article was written byFollowLazard Asset Management is known for its global perspective on investing and its experience with global, regional and domestic portfolios. We believe in fostering a culture of constant dialogue between teams. The resulting views bring us the unique, firsthand market insights that are the key to…

Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe US Congress has averted a government shutdown following days of chaos on Capitol Hill, after the Senate passed a stop-gap funding measure in the early hours of Saturday.The Senate…

Helping aging parents can be a difficult journey as they age. Some elders are relatively simple, though always work, while other families experience a minefield with their parents. Some aging parents have always been manipulative in their lives. It can get worse with aging, when they expect more as their…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The union representing 33,000 striking Boeing machinists said on Saturday that it had reached a tentative agreement to end a month-long work stoppage that has crippled the plane maker.The International Association of…

Many pre-retirees and retirees make serious mistakes regarding their retirement income and spending for living expenses. This is very understandable, since building sources of lifetime retirement income can be complicated and beyond someone’s skill set. Preparing retirement budgets can also be time consuming and frustrating. As a result, either you…

Another 60,000 student loan borrowers will receive student loan relief in the coming weeks. The Biden Administration announced $4.5 billion in relief for public service workers such as nurses, teachers and social workers. The relief comes as a fix to the original Public Service Loan Forgiveness (PSLF) program. The program…

This article was written byFollowJohn M. Mason writes on current monetary and financial events. He is the founder and CEO of New Finance, LLC. Dr. Mason has been President and CEO of two publicly traded financial institutions and the executive vice president and CFO of a third. He has also…

Yahya Sinwar’s killing on Thursday forces Hamas to make a choice of far-reaching consequences: picking a leader at arguably its weakest moment since Israel’s assassination of its founder in 2004.The survival of Sinwar, who led the militant group in Gaza for about seven years, had symbolised Hamas’s resistance under Israeli…

Estimated tax requirements are a frequent problem for retirees, with many incurring penalties for underpaying their estimated taxes. Fortunately, there’s a little-known strategy that can help avoid penalties when a retiree realizes late in the year that estimated tax payments have been too low. Income taxes have to be prepaid…

Mortgage rates continued their upward climb this week, further hindering demand in the housing market amid elevated rates and high home prices. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage surged to 6.44% from last week’s reading of 6.32%.…

This article was written byFollowMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A former art adviser to stars including Leonardo DiCaprio has pleaded guilty to defrauding clients out of $6.5mn to fund what prosecutors claim was a “lavish” New York City lifestyle.  Lisa Schiff, who…

Since January 1, 2023, there has been a cap on insulin for Medicare beneficiaries. The cap applies to those who have Part D prescription drug coverage, whether through a stand-alone plan or as part of a Medicare Advantage plan. (The cap also applies to insulin administered via a pump under…

The Biden-Harris administration on Thursday announced another round of student loan handouts, removing $4.5 billion in debt for more than 60,000 borrowers who work in public service. The Department of Education said in a news release the relief came about from “significant fixes” to the Public Service Loan Forgiveness (PSLF)…

Airbus has announced plans to slash up to 2,500 jobs in its defense and space division, citing a “complex business environment” marked by challenges including rising costs and “rapid changes in warfare.” The European aerospace giant, which competes with beleaguered Boeing (BA) in airplane manufacturing, said Wednesday that it expects to complete the layoffs…

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