Don’t Take Even $1 From Your Retirement Account Until You Take This Important Step | Smart Change: Personal Finance

(Christy Pepper) When you enter retirement, you will have to start withdrawing money from your 401(k) or other investment accounts. This requires a massive shift in mindset, given that you’ve been building these accounts your whole life. And you have to be smart about when and how much to quit. Before you start calculating distributions, … Read more

Where to invest $10,000 in a bear market | Smart Change: Personal Finance

(Stephon Walters) Bear markets are interesting. On the one hand, no one likes to see the value of their investment portfolio plummet; on the other side, Bear markets It can present many opportunities for investors – especially if time is on your side. Instead of getting away with investing during these times, it can be … Read more

Where to invest $10,000 in a bear market | Smart Change: Personal Finance

(Stephon Walters) Bear markets are interesting. On the one hand, no one likes to see the value of their investment portfolio plummet; on the other side, Bear markets It can present many opportunities for investors – especially if time is on your side. Instead of getting away with investing during these times, it can be … Read more

3 steps to claim a monthly social security benefit of a maximum of $4,194 | personal financing

(Morri Bachmann) Social Security is not designed to completely replace your pre-retirement pay. If you are a middle-income earner, you can expect your benefits to replace approximately 40% of your previous salary. If you’re an above-average income earner, these benefits may replace less income you’re used to. However, it’s good to have that much money … Read more