Planning to get Social Security at 62? 3 reasons to wait until age 70

(Adam Levine Weinberg) The big question for Americans nearing retirement is when to apply Social Security benefits. While the US government has set the full retirement age at 67 for people born in 1960 or later, Americans can choose to receive reduced Social Security benefits as early as 62 — or wait past the full … Read more

Why you should spread your retirement savings across multiple accounts. Here why | personal financing

(Adam Levy) There are a variety of accounts available to most investors to save for retirement. You can choose the traditional 401(k), IRA, or Roth versions of those accounts, or stick with a regular taxable brokerage account. You can even use a tax-free HSA to save for retirement. If you are planning for the long … Read more

The surprising truth about the future of Social Security | Smart Change: Personal Finance

(Selina Marangian) Here are some scary headlines you may have come across that give the impression that Social Security is on the way to becoming a thing of the past: “Social Security is expected to be insolvent a year earlier than previously expected” (New York times, 2021) “Why is Social Security running out of money?” … Read more

How much will your Social Security benefits increase in 2023 based on current inflation? | Smart Change: Personal Finance

(Bram Berkowitz) New inflation data for August sent the market lower earlier this week, with Dow Jones Industrial Average It gave up a staggering 1,250 points on Tuesday as inflation came in higher than expected last month. Inflation data doesn’t just affect the markets; It also plays a big role in determining how much to … Read more

Craft promotes UN role in promoting Kentucky governor’s bid | Health, medicine and fitness

By Bruce Schreiner – The Associated Press Glasgow, Kentucky (AP) – Describing her time as a United Nations ambassador for Donald Trump, Republican Kelly Craft told a crowd of her hometown residents Tuesday that her work on the world stage showed she was strong enough to “fight for Kentucky values” when she launched her 2023 … Read more

Cash Advance vs Payday Loan Apps: Which is Better? | Smart Change: Personal Finance

Annie Millerbrand If you were asked to photograph a lender on payday, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “daily payday.” You probably wouldn’t imagine a mobile app advertising on TikTok and showing a colorful logo. But Cash Advance Applications Like Earnin and Dave … Read more

Down 25%, Is It Safe to Invest in Nasdaq Now? | Smart Change: Personal Finance

(Dave Kovalsky) No sector in this bear market has been affected more by technology – and tech stocks, by far, make up the bulk of Nasdaq Composite index. It should come as no surprise, then, that the Nasdaq is down about 25% year-to-date, with the benchmark index in alcohol market for most 2022. After the … Read more

Consumers Spent More Enjoyment in 2021 | Smart Change: Personal Finance

According to data released on September 8 from the Bureau of Labor Statistics, American consumers indulged in entertainment in 2021. People were photographed here at Nathan’s Famous at Coney Island in New York in May of 2021. Alexey Rosenfeld/Getty Images/File After spending 2020 as a deadly, rapidly spreading virus that defined most aspects of daily … Read more

When are Airbnbs more cost-effective than hotels? | Smart Change: Personal Finance

Remember the days when one of the best money-saving travel tips was booking an Airbnb versus a hotel? Not only have nightly rates always been much cheaper, but Airbnbs and the hosts themselves are often shaped to be the most memorable aspects of the trip. These days, an Airbnb stay rarely involves big savings or … Read more