Tag #Financial Planning

Showing 49 to 60 of 180 results

cbsnews.com
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American Retirees Reassess Life Insurance Amid Economic Shifts

American seniors are reassessing their life insurance policies in mid-2025 due to economic shifts, including elevated interest rates and rising healthcare costs, prompting evaluations of policy types, beneficiaries, and alignment with estate plans.

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48% Bias Score

Reduced Inequality
cbsnews.com
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Retirees Tap Home Equity: HELOCs vs. Reverse Mortgages

Facing rising costs, retirees increasingly use home equity through HELOCs (revolving credit, repaid within 10-20 years) or reverse mortgages (lump sums or payments, repaid upon death or sale); the choice depends on the retiree's needs and timeframe, impacting estate planning and long-term financial ...

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48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Social Security Claiming Age: Balancing Early Access and Maximum Benefits

American citizens can claim Social Security as early as 62, but delaying to age 70 maximizes monthly payments; however, longevity and investment strategies significantly influence the optimal claiming age.

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48% Bias Score

Reduced Inequality
forbes.com
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The High Cost of Cheap Financial Advice

The article emphasizes the dangers of prioritizing low cost over fiduciary duty when choosing a financial advisor, citing a 12% potential loss in retirement savings from conflicted advice as one example, and advocating for fee-only fiduciary advisors.

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60% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Musk's Cost-Cutting Stint: Billions Lost, Lessons Learned

Elon Musk's four-month tenure as a US government advisor ended with significantly less savings than projected, resulting in a 30% drop in his net worth and substantial losses for Tesla, highlighting the unforeseen consequences of short-sighted cost-cutting.

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52% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Early 401(k) Withdrawals: Penalties, Exceptions, and Alternatives

Withdrawing from a 401(k) before age 59 1/2 usually involves a 10% penalty and income taxes; however, exceptions exist for hardship, disability, death, and other specific circumstances, but income taxes still apply; better alternatives include 401(k) loans or adjusting long-term retirement plans.

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52% Bias Score

No Poverty
forbes.com
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Six Pillars of Long-Term Financial Planning

This article outlines six key components for comprehensive long-term financial planning: estate planning (wills and trusts), taxable brokerage accounts, 401(k) plans, IRAs/Roth IRAs, term life insurance, and indexed universal life (IUL) insurance, emphasizing the importance of starting early and see...

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48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Balancing Student Loan Debt and Savings for Recent Graduates

Recent graduates should balance student loan repayment with saving for emergencies, prioritizing high-interest private loans first and exploring income-driven repayment plans and loan forgiveness programs to manage debt while building savings via high-yield accounts and CDs.

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36% Bias Score

No Poverty
nbcnews.com
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Gen Z's Financial Malaise: Despair, Debt, and a "Pointless" Future

A Credit Karma poll reveals 49% of adult Gen Z considers future planning pointless due to financial despair, high unemployment (5.8% for college grads, 6.9% without degrees), average student loan debt of $29,300, and easy access to buy now, pay later services, which has encouraged 77% of Gen Z users...

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56% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Near-Retirees Find Joy and Purpose in Post-Career Life

Near-retirees often grapple with anxiety about leaving their careers, leading many to seek fulfilling activities like family time, hobbies, or using their expertise to mentor others, ensuring a smooth and joyful transition into retirement.

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40% Bias Score

Decent Work and Economic Growth
forbes.com
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High Personal Debt Doesn't Deter US Entrepreneurs

Despite high personal debt, over 28,000 new US business applications were filed in April 2025, with 28% of small business owners planning to fund their ventures using personal credit cards, creating a significant financial risk.

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52% Bias Score

Decent Work and Economic Growth
repubblica.it
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Navigating Market Uncertainty: A Guide for Italian Investors

The change in US administration has created unprecedented uncertainty in global markets, prompting Repubblica to release a guide for Italian investors to improve their financial literacy and navigate economic turbulence, particularly in light of Italy's low ranking in financial literacy compared to ...

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40% Bias Score

Reduced Inequality

Showing 49 to 60 of 180 results