BROWSE OUR BLOGS TO LEARN MORE ABOUT CURRENT ECONOMIC NEWS, RETIREMENT TIPS, AND INFORMATION TO HELP YOUR FINANCIAL PLANNING!
How The Coronavirus Shutdown Could Affect You in the Long-Term
Recent events have everyone wondering when a sense of normalcy will return. But the answer isn’t as simple as hoping for a date when stay-at-home orders will be lifted. No one knows if there is a long recession to come, or if the economy will bounce back in the near future. Although things may seem uncertain today, it’s important to [...]
“Never Bet Against America”
Although we’re living in an unprecedented time, it’s not the first time that America has seen a crisis. It’s important to remember that when people talk about recovery, it’s a question of “when” not “if.” America has gone through numerous wars and hardships and always come out stronger. This Memorial Day, many of us won’t be celebrating in the usual [...]
Far-Reaching Effects of This Pandemic on Social Security and Taxes
Long after the restaurants and hotels are open again, the economic impact of the COVID-19 pandemic will still be felt by many individuals and the country. During this time of widespread unemployment, less is collected in payroll taxes that fund Social Security, while emergency federal spending has increased significantly. Here are potential far-reaching effects of this pandemic on Social Security [...]
Three Types of Exercise to Do At Home
You don’t necessarily have to spend a fortune to create a home gym if your gym is closed. We might think it’s too late to get back into shape by the time we’re retired or pointless to carve out time for physical activity, but this isn’t true. Incorporating more physical activity into your day could be a good way to [...]
Tax Minimization in 2020 and Beyond
As the coronavirus spread, the government stepped in with unprecedented economic interventions, from direct payments to Americans, to relief for businesses. While these measures may be necessary to mitigate the damage done by the virus and the economic shutdown, they’ve also resulted in a ballooning of the national deficit.[1] U.S. government debt could soon rise to 130% or 140% of gross [...]
3 Common Coronavirus Scams to Watch Out For
During a time when many people are searching for information about the coronavirus, scams are proliferating. Fraud related to the stimulus checks, malicious websites and products, and fake charities are popping up more frequently, so you should know what to look for. Here are three common coronavirus scams. Stimulus Check Scams The government has sent out stimulus checks to millions [...]
3 Tools to Help Survive Hard Times
Since there is so much uncertainty right now, many are making predictions about where the economy is headed, when the virus will subside, and when we will return to “normal.” While no one can be sure, it’s worth considering the future when planning for it. If you’re nearing or entering retirement, a solid plan is even more important. Here are [...]
How To Stay Independent When You Have To Self-Quarantine
Even as life starts to return to normal for some, those 50 and over may be advised to limit contact with others to avoid catching COVID-19. This can be difficult when you or an older parent need something done around the house. Here are three ways to stay independent when you have to self-quarantine. Reduce the Need for Home Maintenance [...]