economics

GHS seniors required to take personal finance, following passage of LB452

PennyWise Podcast host Teri Barr is talking with Sara Rathner, a Personal Finance Expert with NerdWallet, to learn how you can use debt as a financial tool. Sara shares the differences between bad and “good” debt, and explains the three ways to use it to your advantage, especially right now. Gering High School seniors will …

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5 Unexpected Sources of Retirement Income | Personal-finance

(Selena Maranjian) Here’s a majority you don’t want to be in: Most people have not saved enough for retirement. According to the 2022 Retirement Confidence Survey, only 33% of workers have saved $ 250,000 or more for retirement, meaning that 67% have not. (Indeed, 19% have saved less than $ 1,000.) If you’re way behind …

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2 Reasons Retiring on Social Security Alone Could Be Disastrous | Personal-finance

(Maurie Backman) Social Security pays millions of seniors a monthly benefit, and for many, that income is the only money they have access to during retirement. But going a similar route could be disastrous for you. Here’s why. 1. You won’t get a lot of replacement income The amount of replacement income you need during …

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3 Surprising Ways You Could Lose Some Social Security Benefits | Personal-finance

(Christy Bieber) If you’re like most people, you’ll count on Social Security as an important income source in retirement – especially since these benefits last throughout your lifetime. That’s why it’s important to understand what circumstances could result in losing some of them. Here are three situations when you could end up with less money …

3 Surprising Ways You Could Lose Some Social Security Benefits | Personal-finance Read More »

5 Unexpected Sources of Retirement Income | Smart Change: Personal Finance

(Selena Maranjian) Here’s a majority you don’t want to be in: Most people have not saved enough for retirement. According to the 2022 Retirement Confidence Survey, only 33% of workers have saved $ 250,000 or more for retirement, meaning that 67% have not. (Indeed, 19% have saved less than $ 1,000.) If you’re way behind …

5 Unexpected Sources of Retirement Income | Smart Change: Personal Finance Read More »

5 Unexpected Sources of Retirement Income | Smart Change: Personal Finance

(Selena Maranjian) Here’s a majority you don’t want to be in: Most people have not saved enough for retirement. According to the 2022 Retirement Confidence Survey, only 33% of workers have saved $ 250,000 or more for retirement, meaning that 67% have not. (Indeed, 19% have saved less than $ 1,000.) If you’re way behind …

5 Unexpected Sources of Retirement Income | Smart Change: Personal Finance Read More »

Are You Eligible for the $ 4,194 Max Social Security Benefit? | Personal Finance

(Maurie Backman) Social Security doesn’t pay all seniors the same amount of money. Rather, the monthly benefit you’re entitled to will hinge on different factors, and you may end up collecting $ 2,000 a month during retirement while your neighbor, for example, only gets $ 1,600. Meanwhile, there’s a maximum benefit Social Security pays every …

Are You Eligible for the $ 4,194 Max Social Security Benefit? | Personal Finance Read More »

3 Great Investments to Include in Your Traditional IRA | Personal Finance

(Adam Levy) As you put together your retirement portfolio, you might have some assets spread across a 401 (k), a taxable account, and an IRA. The types of accounts you use to invest in each type of asset can have a meaningful impact on your after-tax returns. If you use a traditional IRA in your …

3 Great Investments to Include in Your Traditional IRA | Personal Finance Read More »

Are You Eligible for the $ 4,194 Max Social Security Benefit? | Personal-finance

(Maurie Backman) Social Security doesn’t pay all seniors the same amount of money. Rather, the monthly benefit you’re entitled to will hinge on different factors, and you may end up collecting $ 2,000 a month during retirement while your neighbor, for example, only gets $ 1,600. Meanwhile, there’s a maximum benefit Social Security pays every …

Are You Eligible for the $ 4,194 Max Social Security Benefit? | Personal-finance Read More »