Columbus, OH

TheStreet

These policy changes and retirement considerations can help ease concerns.

401(k) and IRA portfolio values increase, but retirement concerns remain

Are you paying too much for investment advice? Using the following checklist could save you thousands each year…. Check Form ADV Part 2A. The SEC requires registered investment advisors to detail fees and services in this document. Your registered investment advisor (RIA) should have given this to you at your initial meeting, but you can download it at AdviserInfo.SEC.gov or from the advisor’s website.

Negotiate Your Investment Advisor’s Fees

Saving enough money for retirement is top of mind for many working adults. In fact, 53% of Americans feel behind on planning for retirement, according to a 2024 CNBC survey with SurveyMonkey. But you might be ignoring a key future asset you're paying for in the present: your home. "People...

Your mortgage could be an important part of your retirement plan, according to financial experts

Kiplinger

Here are three scenarios in which you might want to consider claiming Social Security benefits later if you have saved a significant chunk of change.

Should You Delay Social Security if You're Wealthy?

GOBankingRates

When creating a family budget, there are so many important factors that come into play with shared financial goals. Parents will be looking to grow their retirement funds, while kids on the other...

Financial Planning for Families: 6 Tips for Balancing Budgets and Goals

The Secure Act and Secure 2.0 Act updated rules around RMDs. The IRS finalized its regulations for enforcing those rules, answering key questions for retirees and inherited IRA owners. Not knowing the rules could end being up very costly. These regulations answer some key questions about the newest RMD rules.

The IRS Just Updated the Required Minimum Distribution (RMD) Rules. 3 Things Everyone Needs to Know.

Have you decided to disinherit a child, leaving him/her nothing in your will? Perhaps you’re estranged and there’s been no contact for years…or your child is well-off and you prefer to leave your money to charity. Problem: If you simply don’t mention the child in your will,...

How To: Disinherit a Child

SmartAsset

For many people, early retirement means 62. This is the age they can start withdrawing money from their retirement accounts and receive Social Security. For example, let's assume an individual with $425,000 in a Roth IRA, a $1,000 monthly pension, and expect $1,600 in Social Security. Is it going to be enough? As often in […] The post I’m 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now? appeared first on SmartReads by SmartAsset.

I'm 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now?

If you’ve exhausted all nonsurgical options to ease the pain of an arthritic hip, it might be time for you to explore hip-replacement surgery. More than a half million such procedures are done in the US each year. A new hip joint will help get you back to the...

Considering Hip Replacement?

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. Being strategic with how you...

Here's Where You Should Pull Money From First in Retirement

Errors in medical test results are common. For example, studies report that up to 12 percent of mammogram results are false positive, meaning they report seeing a lump or mass that is not actually present. Those same studies report that up to 20 percent of all breast cancers are not detected in a routine mammogram, thus labeled false negative.

Medical Testing Errors

You probably have a general sense that snacks, like most things in the American diet, have been supersized—but you may not realize by how much. A data analysis of surveys from more than 23,000 Americans who participated in the National Health and Nutrition Examination Survey found that they were getting nearly one-quarter of their total daily energy intake—400 to 500 calories—from snacks. The survey asked each participant to make note of what he/she eats over a 24-hour period. Even though this may not necessarily reflect how people eat on a regular basis (it could have been taken on a day when some had wine or birthday cake), it gives researchers a good snapshot of the diets of a large number of people.

Is Snacking Your Weight-Loss Downfall?

Retirement Daily

Understand the implications and potential benefits of how the SECURE 2.0 Act simplifies retirement planning by eliminating RMDs for Roth 401(k) accounts.

No More RMDs for Roth 401(k)s: What You Need to Know

After the historic losses bond investors suffered the past two years, it’s no wonder they are content to stash more than $6 trillion in money-market funds at brokerage firms. But cash won’t yield an annual return of 5% forever. When the Fed starts cutting short-term interest rates in 2024 or early 2025, those yields on cash will shrink rapidly. Some bonds, though, will shine because bond prices tend to appreciate when interest rates fall. Here’s what to do…

The Cash Trap

With average U.S. home prices topping $400,000, investing in real estate with just $20,000 might seem challenging. It is entirely possible, however, with the right approach. Crowdfunding platforms, lower-cost markets and real estate investment groups represent just a few of the ways to put $20,000 to work in the real estate market. By exploring these […] The post How to Invest $20,000 in Real Estate appeared first on SmartReads by SmartAsset.

How to Invest $20,000 in Real Estate

There will come a day when your furnace will leave you cold. The typical furnace lasts around 15 years, and even if yours seems fully functional as that age nears, it’s still time to start thinking about replacing it. At some point, something will go wrong with your aging furnace, and it won’t make financial sense to repair it. There’s no point spending four figures to replace failed evaporator coils or a cracked heat exchanger—or even three figures for a blower motor replacement—on an old fuel-inefficient furnace that’s likely to break again soon.

Furnace Replacement: When and How Much?

Arizona State

Florida State

The words “retirement” and “Florida” are practically synonymous…and with good reason. The state has plenty going for it. But Florida isn’t perfect, and it is not unusual for people to rush into a Florida retirement only to regret it a few short months later. Here are a few things to consider before committing to the Sunshine State…

Should You Really Retire to Florida?

Warren Buffett once described his investment style as “benign neglect bordering on sloth.” The Berkshire Hathaway CEO was making a sly point that investors should stop fretting so much about their portfolios. His strategy: Decide on a simple, diversified long-term strategy, then leave it alone, and get on with your life. For many people, that has meant investing in index funds and passively managed exchange-traded funds (ETFs) that track the S&P 500 and other benchmarks so you are guaranteed to do as well as the market.

The Lazy Man’s Mutual Fund Portfolio

Transferring wealth across generations is a multifaceted process requiring careful planning and a deep understanding of tax implications, asset protection and family dynamics. Effective generational wealth transfer strategies can help ensure that financial legacies are preserved and aligned with personal values and family goals. These strategies might include establishing trusts, gifting assets during one’s lifetime […] The post Generational Wealth Transfer Strategies to Consider appeared first on SmartReads by SmartAsset.

Generational Wealth Transfer Strategies to Consider

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Jacksonville, FL

Jacksonville Today

Jacksonville Sheriff T.K. Waters said he will consider more DUI patrols if voters legalize recreational marijuana use in Florida. Voters will consider Amendment 3 in November. It would allow adults 21 or older to possess, purchase or use marijuana products and marijuana accessories for non-medical purposes.

More DUI patrols possible if marijuana issue passes

NewsBreak

How to Deal with a Financial Windfall

Who hasn’t dreamed about getting a financial windfall? Maybe you hit the lottery…received a large insurance settlement or a lump-sum pension payout…or a relative left you...

How to Deal with a Financial Windfall

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