In the digital age, matters of the heart have extended into the realm of the virtual world. Unfortunately, this shift has also given rise to a particularly heart-wrenching cybercrime known as romance scams. These scams exploit individuals seeking love and companionship online, often leading them down a path of emotional manipulation and financial loss. [...]
Most children stop being "and-a-half" somewhere around age 12. Kids add "and-a-half" to make sure everyone knows they're closer to the next age than the last. When you are older, "and-a-half" birthdays start making a comeback. In fact, starting at age 50, several birthdays and "half-birthdays" are critical to understand because they have [...]
Some of us share a common experience. You're driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops. “Are you aware the registration on your car has expired?” You've experienced one of the costs of procrastination. Procrastination can [...]
Traditional Individual Retirement Accounts (IRA), which were created in 1974, are owned by roughly 36.6 million U.S. households. And Roth IRAs, created as part of the Taxpayer Relief Act in 1997, are owned by nearly 27.3 million households.1 Both are IRAs. And yet, each is quite different. [...]
In the realm of cybercrime, impersonation scams stand as a significant threat to individuals and organizations alike. These scams involve perpetrators assuming false identities to deceive victims into believing they are interacting with a trustworthy source. In this article, we will delve deep into the world of impersonation scams, focusing on tactics such as [...]
Predicting exactly what your retirement will be like is about as possible as a meteorologist predicting the weather correctly every single time. In fact, few retirees find their financial futures playing out precisely as they assumed. But, understanding some of the more common assumptions about retirement may help you get closer to your [...]
Much is written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Some classic financial missteps have been known to plague retirees, too. Calling them "missteps" may be a bit harsh, as not all of them represent errors in judgment. Either way, becoming aware of these potential pitfalls may [...]
Taking withdrawals from a traditional portfolio exposes fixed-income investors to “sequence of returns” danger. In other words, experiencing negative returns early in retirement can deplete your portfolio more quickly than expected and potentially undermine the sustainability of your assets. So you may want to consider a couple of strategies to help manage this [...]
As interest rates increase and prices for everyday items continue to move higher, many people are looking to make their money go farther, save more, or make their financial life easier. You might also look to manage consumer debt as part of your overall financial picture. A financial life hack [...]
As we welcome the arrival of fall and the 2023/24 school year, it’s worth acknowledging that many of us may be experiencing the Summer Blues as the result of high interest rates and historical inflation. In 2023, you might have felt forced to choose between making new vacation memories or sticking to a strict budget. [...]
