These posts contain links to the the latest important financial news.
You (and your friends) are invited to join a Social Security Benefit Options educational workshop hosted by Ash in State College! Best Western Plus Conference Room: 115 Premiere Dr, State College, PA 16801 Tuesday, September 13th 6pm-8pm OR Thursday, September 15th 6pm-8pm See the flyer for more details Register online at myafea.org/chapterevent/4525 … Continue Reading September Social Security Workshop – State College
You (and your friends) are invited to join a Social Security Benefit Options educational workshop hosted by Ash in Lewisburg! Bucknell University Rooke Science Center Biology Building • Room 101 715 Dent Drive, Lewisburg, PA 17837 Tuesday, September 6th 6pm-8pm OR Thursday, September 8th 6pm-8pm See the flyer for more details Register online… Continue Reading September Social Security Workshop – Lewisburg
Heading image: The tall bleached “bathtub ring” is visible on the rocky banks of Lake Powell on June 24, 2021 in Page, Arizona. Photo: Justin Sullivan (Getty Images) You may have seen images of dried-up lakes and reservoirs in the American Southwest but might not realize that this particular drought recently ‘celebrated’ its 22nd… Continue Reading Megadrought in the Southwest
Financial planning professionals often hear people confess, sometimes in embarrassment, that they don’t really understand investing or the markets. The investing part is pretty simple: you put together a thrifty portfolio (meaning low annual internal expenses) with a mix of U.S. and international stocks and bonds, leavened perhaps with real estate or gold. The precise… Continue Reading Market Mysteries
Anecdotally, we hear that anybody who wants to find a job today will find him/herself in a competitive bidding situation. There are articles that advise job seekers on how to manage competing salary offers, while articles for employers offer advice on how to avert bidding wars for valuable members of their staff. Other articles simply… Continue Reading The Real Job Picture
You may have read that the Social Security Trust Fund is due to be depleted in 2033, a year earlier than previous projections. This sounds alarming, except for several caveats. First, the projected date of depletion has been in the 2035 range for the past decade, so this shift is really nothing new—or particularly alarming.… Continue Reading Will Social Security Go Bust?
What’s more eternal than the famous Olympic Eternal Flame? Eternal cost overruns by Olympic sponsoring nations. By all accounts, the Tokyo Olympics are extremely unpopular among Japanese citizens, and the reasons have nothing to do with the resurgence of COVID in that country. The events are taking place with no live spectators allowed in the… Continue Reading The Eternal Olympic Boondoggle
The U.S. inflation rate hit 5.4% before scaling back a bit to 5%—rates which have raised alarms among investors, economists and most importantly the financial press. But how bad are these recent jumps in consumer prices compared with the rest of the world? If you look at inflation rates for other countries, our current CPI… Continue Reading Inflation Fears in Perspective
Every year since 1975, the Social Security Administration has automatically adjusted its benefit payments upward to account for inflation; the goal is for the payments to keep pace with the cost of living that recipients are experiencing. For the past decade, these inflation adjustments have been pretty modest, as you can see in the chart.… Continue Reading Inflation and Social Security
After being postponed for a year, the Olympic Games are scheduled to begin on their revised schedule on July 23 in and around Tokyo, Japan. But it looks like the games will be held without the usual crowds of spectators. The Japanese government has banned international travelers from entering Japan to attend the games. After… Continue Reading Empty Olympic Stands?