‘It seems too good to be true’: At a steak-dinner retirement seminar, the guy said annuities can outperform the market. Is that true?
“He claimed that fixed-rate annuities are the sparkly, rainbow-fairyland of investments.”
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Fed and BOE Stay Guarded After 100 Days of Iran War
For several global central banks, the question of whether the Iran war poses more of an immediate danger to inflation or to growth is likely to remain open in the coming week.
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Social Security is facing a 22% cliff — 4 ways to build an income stream Washington can’t touch
The countdown to insolvency is accelerating — and the rules of retirement planning just broke.
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Social Security insolvency is ‘entirely solvable,’ says commissioner under Biden
The solution is simple — but it won’t be easy.
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My wife and I are 61. We have $2.2 million and expect $5,000 in Social Security benefits. Do we claim early?
“We need our assets and income to support us for the next 25 years.”
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Social Security’s COLA could be 4.7% in 2027 as inflation hits the highest level in 3 years
A total of 44% of older Americans depend on Social Security for all of their income, according to the Senior Citizens League.
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The true national debt just hit $1 million per U.S. household
The effective U.S. national debt just crashed through $100 trillion for the first time in history, and now stands at an extraordinary 400% of annual gross domestic product — but almost nobody seems to care.
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Millions of grandparents are spending their retirements raising their grandkids — and it’s taking a financial toll
Grandparent-headed households are more likely to live in poverty.
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Social Security benefits and costs are perfectly reasonable — no case exists for massive cuts
It might be nice to reduce the large share of benefits going to high earners who retire later and live long lives.
CLO ETFs Boom on Higher Rates, Private Debt Woes
Wall Street has an answer for retail investors seeking to profit from elevated interest rates and dodge defaults in private credit: funds that buy collateralized loan obligations.