For decades, Social Security has been the bedrock for many Americans’ retirement plans. In 2021 alone, Social Security paid over $1 trillion to its over 70 million beneficiaries. However, for over a decade, the Social Security Administration (SSA) has been raking in less revenue than it pays out to its beneficiaries, resulting in the system…
Future Changes in Social Security
June 4, 2022
admin
BrightFixed Incomefuture changesfuture changes in social securitypersonal financeretirementSocial Security
0 Comment
What You Should Consider Including in Your Retirement Portfolio
When setting up a retirement plan, many of us have been taught that as a rule, we should save at least 10 to 15 percent of our annual pre-tax salary. Yet, even as we see the cost of living increase, and adjusting our savings for any hurdles that may be thrown across our path—creating a…
How Social Security Works for Business Owners
Social Security is a government-backed retirement program. Workers across the country pay a Social Security tax each year in exchange for a payment each month in retirement, or if disabled in some cases. This retirement fund isn’t quite a guarantee. For the most part, workers from all backgrounds can count on social security. Still, there…
Should You Delay Social Security?
For many Americans, the age of 62 is a noteworthy milestone. At this age, those paying into Social Security are first eligible to draw from their benefits. Because of the crucial role that Social Security checks play in many Americans’ retirement, the age of 62 often becomes the magical age where many finally choose to…
The Best Credit Cards for Retirement
Retirement is a significant milestone in life, and it’s essential to be prepared for the exciting time of your golden years. One way of doing so is by making sure you’re financially prepared, and a great way to start preparing is to get yourself a sound credit card. While most credit cards will target a…
Retire a Millionaire: 9 Steps to Begin Building Your Nest Egg
May 18, 2022
admin
become a millionaireBrightearn moneyFixed Incomemillionairepersonal financeretirementsave for retirement
0 Comment
In your 20s, retirement seems like a distant dream. But, if you don’t start saving while you’re young, that’s exactly what it will remain forever: a dream. Just 39 percent of Americans start saving for retirement in their 20s. If you want to retire a millionaire, you had better be one of them. Here’s how to…
Retirement Planning is More than Retirement Savings Rates
When we talk about retirement planning, the most common focus is how much we are saving to support ourselves in retirement. Simplifying to one goal is a great way to get started, but planning for retirement requires a lot more than just picking a savings rate. Here are some other considerations to think about when…
Everything About Annuity Fees
Hopefully, you are now a little more knowledgeable when it comes to the different types of annuities. Next up? Learning all about the fees that are associated with annuities. Regardless if you buy a variable annuity or fixed annuity, there are different fees charged on these different types of annuities. How are they determined? Well,…
7 Tips to Help Boost Your Retirement Funds
The notion of retirement is a lot like the idea of driving a motorhome from coast to coast. At the beginning of your career journey, your goal of retirement seems remote and almost theoretical. By the time you arrive at your retirement destination, you’re surprised and delighted—but may wonder: “What happens now?” How do you…
How to Stop Being Nervous About Retirement
Retirement can be scary, no matter who you are. It makes sense that some people are nervous about retirement. How much money do you really need for 20 years? What about 30 years? Will you get bored? Will you be lonely? Planning ahead and predicting the future is extremely difficult. It’s tempting to just make…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`