When you invest money, you are putting it at risk — all investments can lose money. The key is to gauge your risk, and to not put more money at risk than you are willing to lose. This is a relative concept. If you have only $10,000 to invest, then putting $9,000 in a high-risk …
During 2020, more than 65 million American women provided unpaid care for their children, family members and elderly relatives.1 It’s easy to imagine that many of them likely juggled caring for a combination of these types of dependents. If you’ve ever provided ongoing caregiving duties for a parent, partner, child, sibling or someone else, you may …
In a recent survey by the American Psychological Association, more than 80% of American adults said they were feeling increased financial stress due to: Higher inflation (87%) Ongoing supply chain issues caused by the pandemic (81%) Global uncertainty due to the war in Ukraine (81%) Furthermore, hardships related to the pandemic — including poor health, …
In recent months, Procter & Gamble has raised prices for its Tide, Gain, Downy and Bounce product portfolio. It recently announced that this spring, consumers also will start paying more for many of its personal health care brands. The company is hardly alone. Nestle, Danone, Unilever and other consumers goods giants say their prices will …
By mid-January 2022, the United States had recorded more than 865,000 deaths attributed to COVID-19. Once the vaccine was available in early 2021, life insurance companies expected COVID-related deaths to decline. However, the inability to effectively contain the virus has led to the highest death rates ever seen in the history of the life insurance …
In general, retirement rates have increased during the pandemic. Before COVID-19, the retired population grew by about 1 million retirees per year. But during 2020 and 2021, 3.5 million more people retired.1 As it turns out, part of the “Great Resignation” that we’ve all been hearing about has been driven by the “Great Retirement” of …
As America’s work environment continues to evolve, one thing that has become evident is that — in many cases — the work-from-home (WFH) model has proved to be effective and even cost-efficient. However, many companies with significant investments in their office buildings and campuses are not likely to want their employees to keep working from …
Pew Research Center reported that in 2019, about 38% of adults ages 25 to 34 in the U.S. were not married or living with a partner, up from 29% in 1990.1 While marriage and even long-term relationships are growing less prevalent, the data shows that single people tend to be less financially stable than those with …
This year’s open enrollment for Medicare runs from Oct. 15 to Dec. 7. Any changes you make to your Medicare plan will begin on Jan. 1, 2022. Eligible Medicare beneficiaries can start receiving benefits once they turn age 65. Those who were already drawing Social Security benefits before that age are automatically enrolled in Original …
Thelma Sutcliffe turned 114 years old in April, making her the oldest living American and the seventh-oldest person in the world, according to the Gerontology Research Group. The Omaha, Nebraska, resident attributes her relative good health and longevity to the fact that she never had children, never smoked and made it a habit not to …
