Part of the retirement planning process is realistically imagining what you want your life to look like. Bear in mind that you’re really only planning for the first chapter of retirement — the one where you travel, pursue hobbies and spend more time with family and friends. If you have a partner, it’s important to …
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 …
About nine out of 10 people over age 50 say they would prefer to remain living at home throughout their retirement, and some geriatric experts observe that doing so can help seniors stay mentally and physically fit.1 And yet, planning to “age in place” is more complex than it may first appear. You need to …
In late November, the National Association of Realtors (NAR) reported that home sales could reach a 15-year high in 2021, in excess of 6 million existing homes sold. And despite rising interest rates on mortgage loans, the activity does not look ready to recede yet. In all the major regions of the U.S., homebuyers continue …
Inflation was already on the rise before we learned about the omicron variant. Now on top of supply-chain shortages and transportation disruptions, Federal Reserve Chairman Jerome Powell recently observed that a resurgence of COVID-19 cases could reduce the consumer-driven boom we’ve enjoyed for the past few months. Concerns about safety could result in more workers …
“Try again. Fail again. Fail better.” – Samuel Beckett “You always pass failure on your way to success.” – Mickey Rooney “Mistakes are the portals of discovery.” – James Joyce1 “Failure is success in progress.” – Albert Einstein2 “Success consists of going from failure to failure with enthusiasm.” – Winston Churchill3 Research shows that 90% …
It is interesting to evaluate how various economic events throughout time affect different demographics. For example, the 2007-2009 Great Recession saw higher losses in male-oriented jobs, such as construction and manufacturing. The pandemic-induced recession of 2020 was quite the opposite, affecting women to such a degree that the event spawned the term “she-cession.”1 There is …
