Many people are concerned that the Social Security system is running out of money. Currently, a percentage of every worker's wages are collected and paid into the Social Security trust fund. At present, 6.2% of workers’ wages are withheld from every paycheck and contributed to the trust fund. Employers pay the same amount into the trust fund for a total of 12.4% of all payrolls in the country.
In an era when interest rates are relatively low and inflation is stubbornly high, how does a conservative investor get any return on their money? The Barclays Aggregate Bond index is off to it’s worst start in years as the Federal Reserve is tightening the money supply and raising interest rates
In order to beat inflation should you invest for income or for total return? With inflation at the highest levels, we have seen in 40 years you may be wondering whether you should devote more of your portfolio to dividend paying stocks.
If you are feeling a little uncertain about the markets you are not alone. The S&P 500’s April return of -8.7% was the 14th worst month since 1970. You would have to go back to March 2020 (the very beginning of the pandemic induced Bear market) and September 2008 (the height of the financial crisis) to find worse months.
As you get closer to retirement you need to start thinking a little differently about how you approach your investments. When you were younger you could afford to put your head down, save as much as you can and accept the wild volatility of the markets in the short term.
You’ve probably been hearing about “The Great Resignation” as more Americans than ever are leaving their jobs. We examine why this is happening in our latest informative article.