How Much Will You Spend When You Retire?

Will you have enough money to make ends meet?   You may have heard that people spend less once they are retired. Statistically, that is true. The question is whether a retiree has enough income to meet his or her expenses. Ideally, retirees should be able to live...

The Intriguing Post-Election Rally

Why did some sectors rise more than others?   Wall Street likes certainty. When startling financial, political, or societal events occur, volatility usually follows, and the major indices may fall. In late October, the Dow Jones Industrial Average went on a multi-day...

Could Unclaimed Money Be Yours?

How can you find & obtain it? More than $40 billion in unclaimed cash & property waits to be returned. At first glance, that figure seems staggering, unbelievable – and, yet, it is true. To be more exact, the National Association of Unclaimed Property...

Tiny Social Security COLA in 2017

And a possible Medicare Premium Hike The average Social Security recipient will get a $5 raise next year. Yes, a whopping $5 per month. In 2017, Social Security’s mean monthly benefit is projected to rise – from the current $1,355 – by this scant amount, all because...

The Wells Fargo Scandal

The bank’s fake accounts come to light Since the start of this decade, Wells Fargo employees have created millions of fake bank and credit card accounts to meet their sales goals. While those deemed at fault are being punished, the question is whether the consequences...