You can quit work, but can you quit retirement? Many people are. Why? The answer is about more than money and may surprise many people who are working hard to plan their dream retirement. Pulling out of the driveway, my chatty rideshare driver volunteered that he retired a few years ago from the hotel that
Retirement
There is no doubt that the economy is now stronger than it was four years ago. But, are people better off than they were before the pandemic? Looking at employment alone, it is clear that the quick and strong jobs recovery has meant that those workers, who were from 25 to 44 years old in
More than 70% of Americans are worried that higher taxes will be imposed on future distributions from traditional IRAs and 401(k)s, according to Allianz Life’s Quarterly Market Perceptions Study for the third quarter of 2023. That’s one reason a high percentage of participants in the same survey said effectively managing taxes on retirement income is
Medicare expects it will spend more $550 million this year for the controversial anti-Alzheimer’s drug Leqembi and predicts the cost will skyrocket to $3.5 billion in 2025, according to Stat News. The program spent $5.7 billion on drugs such as Ozempic and Mounjaro in 2022, according to the Kaiser Family Foundation. These GLP-1 medications were
By Lucy Lazarony, Next Avenue Companies lay off or discharge approximately 1.5 million people every month, shocking family finances of those affected — particularly if the finances include college plans for a son or daughter. Students and their parents are not helpless, however. Here is a closer look at how college plans may be affected
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