Only a few kinds of gifts have the potential to grow in value over time, and one of them is company stocks. If you plan to gift your loved ones this holiday season, offering them stocks you own can be a practical gift that could positively impact the recipients’ finances in the long run. MAI … Read more
Social Security makes up 40% of the monthly income for millions of Americans aged 65 and above, making the program a crucial aspect of retirement security. While your Social Security income levels depend on when you claim, earnings during working years, and service duration, the net amount you pocket every month also depends on where … Read more
As the rate of “grey divorces” rises among baby boomers, the financial impact on their retirement is becoming more apparent. Late-in-life separations not only affect immediate finances but can also derail long-term retirement plans, leaving many unprepared to live comfortably in their later years. For women, these financial setbacks are often more severe, leading to … Read more
Al Pacino, known for iconic roles in The Godfather and Scarface, had amassed substantial wealth throughout his five-decade career. But, as he approached his 70s, he found himself on the brink of financial ruin, losing an estimated $50 million due to a corrupt accountant’s mismanagement. In recent revelations, Pacino recounted the betrayal that left him … Read more
A dramatic inheritance dispute involving an £800,000 ($970,000) estate has reached London’s High Court after Carry Keats, a 92-year-old pensioner from Nomansland, Wiltshire, tore up her will on her deathbed, leaving her relatives to fight over her fortune. The family feud has pitted five of Keats’ cousins against her younger sister, Josephine Oakley, over the … Read more
Netflix’s “How To Get Rich Show” host and multi-millionaire author Ramit Sethi recently shared his outlook on how money is central to relationships and ways to avoid financial pitfalls when dating in an interview with British entrepreneur and investor Steven Bartlett on the latter’s “The Diary Of A CEO” YouTube podcast. The duo focused on … Read more
During a review of financial advice from top influencers available online, multi-millionaire author and host of Netflix’s “How To Get Rich Show” Ramit Sethi couldn’t wrap his head around how some experts view the middle class. During the review posted on YouTube recently, Sethi was surprised when he saw a clip of real estate investor … Read more
Financial Guru Dave Ramsey isn’t a fan of Social Security. He often describes the program as a “mathematical disaster” that “robbed” him of his own earned money for decades. US Social Security benefits help over 70 million people with monthly income, with the average check estimated to be $1,976 for all retired workers in January … Read more
US Representative Dean Phillips, serving the 3rd congressional district of Minnesota, floated a new bill under the Social Security program that would offer approximately $25,000 to all US citizens when they graduate from high school or receive their GED certificates. Those with disabilities could be exempt from the high school diploma or GED requirement. Investment … Read more
75-year-old Tim F. receives larger monthly Social Security checks because he waited until he was 70 to collect the benefits. He followed the general trend of securing bigger checks by delaying his retirement beyond 62 and even full retirement age, which is 67 for those born after 1960. However, Tim regrets not collecting Social Security … Read more
