Defense Department to Cut Over 5,000 WorkersThe Pentagon is set to initiate layoffs of 5,400 civilian employees, part of larger expected reductions amidst budget cuts at the Defense Department.
Unpopular opinion: financial advisors provide a valuable serviceFinancial advisors provide personalized investment strategies and valuable insights that can significantly impact your financial success.
Social Security: 3 Things You Must Do Before Claiming Benefits at 62Claiming Social Security at age 62 may lead to permanently reduced benefits, making informed decision-making essential.
I'm 34 with $3.3 million saved up and I'm wondering if I need to pay a financial advisor to keep everything in checkA 34-year-old Redditor has a $3.3 million net worth, allowing her to consider early retirement with a sustainable financial plan.
The Dividend King You Never Heard of That's Beating the Market by 2-to-1Dividend stocks, particularly those that grow payouts, are ideal for comfortable retirement funding.National Fuel Gas exemplifies a reliable investment with its long history of dividend increases.
Retirees May Have a Better Option Than Dividends Right NowRetirees should diversify their passive income portfolios beyond dividend stocks, especially in a high market valuation climate.
We're in our mid 50s with $2 million in our 401(k) and a $120k pension per year coming our way - are we good to retire?Guaranteed pension income eases the path to early retirement, but there are still risks to consider.
Unpopular opinion: financial advisors provide a valuable serviceFinancial advisors provide personalized investment strategies and valuable insights that can significantly impact your financial success.
Social Security: 3 Things You Must Do Before Claiming Benefits at 62Claiming Social Security at age 62 may lead to permanently reduced benefits, making informed decision-making essential.
I'm 34 with $3.3 million saved up and I'm wondering if I need to pay a financial advisor to keep everything in checkA 34-year-old Redditor has a $3.3 million net worth, allowing her to consider early retirement with a sustainable financial plan.
The Dividend King You Never Heard of That's Beating the Market by 2-to-1Dividend stocks, particularly those that grow payouts, are ideal for comfortable retirement funding.National Fuel Gas exemplifies a reliable investment with its long history of dividend increases.
Retirees May Have a Better Option Than Dividends Right NowRetirees should diversify their passive income portfolios beyond dividend stocks, especially in a high market valuation climate.
We're in our mid 50s with $2 million in our 401(k) and a $120k pension per year coming our way - are we good to retire?Guaranteed pension income eases the path to early retirement, but there are still risks to consider.
How IRS firings are expected to screw up tax seasonThe IRS's termination of probationary workers could severely impact tax filing season efficiency.
IRS Employee Purge Scheduled for Thursday Could Disrupt Tax-Filing Season': ReportThe IRS is facing potential layoffs of thousands of employees, impacting its ability to handle the tax-filing season.
IRS expected to fire 6,700 employees beginning ThursdayThe IRS plans to fire 6,700 employees, primarily affecting probationary staff, causing significant concern across the agency.
IRS firings have begun. Tax evasion enforcement could be hit especially hard.The IRS has started terminating probationary workers amid workforce cuts during tax filing season.These terminations could disproportionately impact tax enforcement efforts at the IRS.
I.R.S. Fires 6,700 Employees Amid Tax Filing SeasonThe Trump administration has initiated substantial layoffs at the I.R.S., primarily affecting newly hired probationary employees, to cut costs.
IRS plans to lay off 7,000 probationary workers beginning Thursday, AP source saysThe IRS will lay off approximately 7,000 probationary workers primarily in compliance departments as part of federal workforce reduction.
How IRS firings are expected to screw up tax seasonThe IRS's termination of probationary workers could severely impact tax filing season efficiency.
IRS Employee Purge Scheduled for Thursday Could Disrupt Tax-Filing Season': ReportThe IRS is facing potential layoffs of thousands of employees, impacting its ability to handle the tax-filing season.
IRS expected to fire 6,700 employees beginning ThursdayThe IRS plans to fire 6,700 employees, primarily affecting probationary staff, causing significant concern across the agency.
IRS firings have begun. Tax evasion enforcement could be hit especially hard.The IRS has started terminating probationary workers amid workforce cuts during tax filing season.These terminations could disproportionately impact tax enforcement efforts at the IRS.
I.R.S. Fires 6,700 Employees Amid Tax Filing SeasonThe Trump administration has initiated substantial layoffs at the I.R.S., primarily affecting newly hired probationary employees, to cut costs.
IRS plans to lay off 7,000 probationary workers beginning Thursday, AP source saysThe IRS will lay off approximately 7,000 probationary workers primarily in compliance departments as part of federal workforce reduction.
Baby Boomers Own Nearly 40% of All American Homes - Was It Skill or Luck?Baby Boomers' wealth and home ownership disproportionately affect younger generations' ability to buy homes.
Did Baby Boomers Really Ruin the Housing Market for Younger Buyers?The housing crisis is rooted in factors like low interest rates, inflation, and overregulation, not solely attributable to baby boomers.
5 Baby Boomer Money Myths That Have Been Totally DebunkedUnderstanding and debunking baby boomer money myths can help improve long-term financial strategies.
Baby Boomers Own Nearly 40% of All American Homes - Was It Skill or Luck?Baby Boomers' wealth and home ownership disproportionately affect younger generations' ability to buy homes.
Did Baby Boomers Really Ruin the Housing Market for Younger Buyers?The housing crisis is rooted in factors like low interest rates, inflation, and overregulation, not solely attributable to baby boomers.
5 Baby Boomer Money Myths That Have Been Totally DebunkedUnderstanding and debunking baby boomer money myths can help improve long-term financial strategies.
3 Painful Social Security Realities Everyone Needs to Know AboutRelying solely on Social Security for retirement is risky due to insufficient income and potential benefit cuts.
Anonymous millionaire shares 10 things he does to stay successfulFinancial discipline and living below your means are critical for becoming a millionaire.Avoid bad debt and focus on long-term planning to build wealth.
Do any young people use a financial advisor? What makes them worth the money?Working with a financial advisor early can enhance financial security and planning for future goals.
I'm a 44-year-old small-business owner. I've never made $100,000 in a year, and I'm still on track to retire by 50.Sarah Lesselbaum found financial independence and peace by embracing the FIRE movement, which allowed her to work part-time while pursuing her passions.
My parents think that because we paid off our debt that we have so much more money now and they won't stop asking us for moneyFamily members shouldn't pressure for financial support from each other.It's okay to say no to family demands for money.Professional financial advice can help families avoid financial strain and improve their situations.
3 Painful Social Security Realities Everyone Needs to Know AboutRelying solely on Social Security for retirement is risky due to insufficient income and potential benefit cuts.
Anonymous millionaire shares 10 things he does to stay successfulFinancial discipline and living below your means are critical for becoming a millionaire.Avoid bad debt and focus on long-term planning to build wealth.
Do any young people use a financial advisor? What makes them worth the money?Working with a financial advisor early can enhance financial security and planning for future goals.
I'm a 44-year-old small-business owner. I've never made $100,000 in a year, and I'm still on track to retire by 50.Sarah Lesselbaum found financial independence and peace by embracing the FIRE movement, which allowed her to work part-time while pursuing her passions.
My parents think that because we paid off our debt that we have so much more money now and they won't stop asking us for moneyFamily members shouldn't pressure for financial support from each other.It's okay to say no to family demands for money.Professional financial advice can help families avoid financial strain and improve their situations.
My grandparents passed away, leaving a house and land to their 4 children and now that my dad passed away - is it now mine?Inherited property disputes among siblings often lead to legal complications and deep-seated animosity.
Walton Family Loses $6 Billion After Poor Walmart EarningsWalmart's weak fiscal forecast led to a 7% drop in share price, erasing $40 billion from its market cap.
Council Post: 11 Strategies For Supporting Employees Working Beyond Retirement AgeOrganizations must adapt to support senior employees who choose to remain at work beyond retirement age.
GSA says workers who took 'fork' won't get a full payout - then reverses itselfProbationary workers are assured payment through September 30 despite initial miscommunication from GSA.
Social Security Benefits Did Something This Year They Never Have BeforeSocial Security checks have exceeded $5,000 for the first time, marking an important milestone for retirees.
20 Facts About Social Security That Every American Over 60 Needs to KnowSocial Security benefits are essential for millions of Americans, especially those over 60.There is a critical need to update and secure Social Security for future generations.
If You're Planning to Work and Collect Social Security, Read This FirstWorking while collecting Social Security can help supplement retirement income, but rules vary based on retirement age.
I Used to Think Social Security Was Going Bankrupt, but These 20 Facts Changed My MindSocial Security is not going bankrupt but needs an urgent overhaul to ensure continued support.
The 3 Best Investments to Supplement Your Social Security in RetirementRetiring only on Social Security may lead to financial struggles due to insufficient income.
4 retiree expats break down the finances that pushed them to flee the USMany older Americans are moving abroad due to high living costs in the US, particularly for medical insurance and housing.
Social Security Benefits Did Something This Year They Never Have BeforeSocial Security checks have exceeded $5,000 for the first time, marking an important milestone for retirees.
20 Facts About Social Security That Every American Over 60 Needs to KnowSocial Security benefits are essential for millions of Americans, especially those over 60.There is a critical need to update and secure Social Security for future generations.
If You're Planning to Work and Collect Social Security, Read This FirstWorking while collecting Social Security can help supplement retirement income, but rules vary based on retirement age.
I Used to Think Social Security Was Going Bankrupt, but These 20 Facts Changed My MindSocial Security is not going bankrupt but needs an urgent overhaul to ensure continued support.
The 3 Best Investments to Supplement Your Social Security in RetirementRetiring only on Social Security may lead to financial struggles due to insufficient income.
4 retiree expats break down the finances that pushed them to flee the USMany older Americans are moving abroad due to high living costs in the US, particularly for medical insurance and housing.
Get paid 1,000 just for saving each year with this clever trickThe Lifetime ISA offers a government bonus that significantly enhances savings for first-time homebuyers, helping many achieve their property ownership goals.
Defense Spending Is on the Rise and These Are the Most Massive Warships in the World TodayLarger naval ships enhance firepower and capability, shaping modern maritime warfare.
Trump's sweeping DOGE-driven cuts are impacting military veterans, who say the firings are causing fear and confusionTrump's government cuts are disproportionately impacting military veterans, causing job losses and raising concerns over future benefits.
The Social Security Administration meant job stability. Not anymore.Federal employment once promised stability, but recent executive actions have created uncertainty and fear among employees.
Don't let them sue: What private-equity bosses want from Trump on 401(k)sSlow adoption of private-equity investments in 401(k) due to concerns over litigation risks.Industry leaders seek legal protections to promote alternative assets for retirement plans.
Military Veteran Agrees To Deferred Resignation DOGE Finds Way To Fire Him AnywayA FEMA official was fired after accepting a controversial resignation offer, raising questions about the integrity of the federal off-ramp program.
Trump's sweeping DOGE-driven cuts are impacting military veterans, who say the firings are causing fear and confusionTrump's government cuts are disproportionately impacting military veterans, causing job losses and raising concerns over future benefits.
The Social Security Administration meant job stability. Not anymore.Federal employment once promised stability, but recent executive actions have created uncertainty and fear among employees.
Don't let them sue: What private-equity bosses want from Trump on 401(k)sSlow adoption of private-equity investments in 401(k) due to concerns over litigation risks.Industry leaders seek legal protections to promote alternative assets for retirement plans.
Military Veteran Agrees To Deferred Resignation DOGE Finds Way To Fire Him AnywayA FEMA official was fired after accepting a controversial resignation offer, raising questions about the integrity of the federal off-ramp program.
I'm in my 30s and making more money than I ever dreamed but I hate my job - which exit path should I take?Prioritize mental health over high salary jobs.Consider long-term financial planning before quitting a stressful job.Younger individuals may cope better with job stress but should still seek balanced work-life.
I'm 60 year old physician who has banked $7 million - I want to stop working but I'm terrifying of losing my incomeA Reddit user with $7 million fears retirement despite burnout; talking to a financial advisor may help him feel more secure.
I just got offered a job I'd love to accept - is a $250k pay cut too much even if I hate my job?Choosing mental and physical health over a high salary can lead to a more fulfilling life.
14 Non-Salary Benefits That Are Negotiable When Seeking New Jobs - The Frugal ExpatConsider non-salary benefits like remote work, flexible schedules, and negotiated start dates when evaluating job offers.
I'm in my 30s and making more money than I ever dreamed but I hate my job - which exit path should I take?Prioritize mental health over high salary jobs.Consider long-term financial planning before quitting a stressful job.Younger individuals may cope better with job stress but should still seek balanced work-life.
I'm 60 year old physician who has banked $7 million - I want to stop working but I'm terrifying of losing my incomeA Reddit user with $7 million fears retirement despite burnout; talking to a financial advisor may help him feel more secure.
I just got offered a job I'd love to accept - is a $250k pay cut too much even if I hate my job?Choosing mental and physical health over a high salary can lead to a more fulfilling life.
14 Non-Salary Benefits That Are Negotiable When Seeking New Jobs - The Frugal ExpatConsider non-salary benefits like remote work, flexible schedules, and negotiated start dates when evaluating job offers.
More Law Firms Should Have Mandatory Retirement Requirements - Above the LawMandatory retirement ages for lawyers can help firms thrive by promoting succession planning and fostering opportunities for younger attorneys.
The Big Stock Market Sell-Off Could Be Coming - 7 Smart Moves Investors Should Do NowThe AI-driven stock market rally since late 2022 shows signs of fatigue, driven by overvaluation and economic indicators.
Legendary investor Peter Lynch says this is the #1 "key to making money in stocks"Emotion management is crucial for successful investing.Peter Lynch's wisdom emphasizes common sense for long-term wealth.New investors should be cautious of emotional decision-making.
The Big Stock Market Sell-Off Could Be Coming - 7 Smart Moves Investors Should Do NowThe AI-driven stock market rally since late 2022 shows signs of fatigue, driven by overvaluation and economic indicators.
Legendary investor Peter Lynch says this is the #1 "key to making money in stocks"Emotion management is crucial for successful investing.Peter Lynch's wisdom emphasizes common sense for long-term wealth.New investors should be cautious of emotional decision-making.
Research: To Retain Employees, Promote Them Before the Job Market Heats UpThe Great Resignation led to an unprecedented increase in workers quitting for better opportunities after the pandemic.
IRS cuts over 6,000 jobs in the middle of tax seasonIRS is reducing over 6,000 jobs during tax season, impacting taxpayer support and enforcement against wealthy tax evaders.
These feds took Trump's 'fork' deal. Then they got fired - creating a government 'mess.'Probationary federal employees faced chaos and uncertainty regarding resignation offers during the Trump administration.
Is Buying a Duplex a Good Investment Strategy?Derek and Michelle's plan to move into a duplex offers both immediate family support and long-term financial investment potential.
We're in our 40s and have built a $5 million nest egg - here's exactly how it's investedA couple in their 40s has amassed a $5 million portfolio and aims for $7 million for early retirement.
We're in our 30s with a $2 million net worth - is it better for us to rent or buy a house with our 2 kids?Homeownership provides stability and community, despite potentially higher costs compared to renting.Financial support and income stability influence the decision to consider purchasing a home.
Is Buying a Duplex a Good Investment Strategy?Derek and Michelle's plan to move into a duplex offers both immediate family support and long-term financial investment potential.
We're in our 40s and have built a $5 million nest egg - here's exactly how it's investedA couple in their 40s has amassed a $5 million portfolio and aims for $7 million for early retirement.
We're in our 30s with a $2 million net worth - is it better for us to rent or buy a house with our 2 kids?Homeownership provides stability and community, despite potentially higher costs compared to renting.Financial support and income stability influence the decision to consider purchasing a home.
I'm a 41 Year Old Guy Who Drives For UPS And Finally Broke $150k a YearHigh salaries without degrees are achievable in certain jobs like UPS driversUPS drivers enjoy significant average compensation and benefits
IRS begins layoffs, as DOGE cuts collide with tax seasonLayoffs of 120-150 IRS employees in Denver, primarily impacting probationary staff across several divisions.
I maxed out my kids 529s and now there's a good chance they aren't even going to go to school - am I stuck?Parents might be worried if their child shows no interest in college despite 529 savings, but there are alternatives to utilize those funds.
Retirees could be depleting pension pots a decade too soon due to lottery effect - London Business News | Londonlovesbusiness.comRetirees risk depleting pension pots early due to impulsive spending behavior influenced by sudden access to cash.
Does fully funding your child's college education make them entitled?Paying for children's college can be beneficial if managed with expectations and ground rules.Setting expectations helps avoid entitlement in children during their college education.
When I retired I didn't feel carefree, I felt lost. Turns out, I needed a schedule.Early retirement can lead to emotional struggles, even if financially prepared.
I'm headed to college and will be paying $21k a year after scholarships. How do I avoid going into debt?College can be expensive even with scholarships, making student loans almost unavoidable for many students.
I maxed out my kids 529s and now there's a good chance they aren't even going to go to school - am I stuck?Parents might be worried if their child shows no interest in college despite 529 savings, but there are alternatives to utilize those funds.
Retirees could be depleting pension pots a decade too soon due to lottery effect - London Business News | Londonlovesbusiness.comRetirees risk depleting pension pots early due to impulsive spending behavior influenced by sudden access to cash.
Does fully funding your child's college education make them entitled?Paying for children's college can be beneficial if managed with expectations and ground rules.Setting expectations helps avoid entitlement in children during their college education.
When I retired I didn't feel carefree, I felt lost. Turns out, I needed a schedule.Early retirement can lead to emotional struggles, even if financially prepared.
I'm headed to college and will be paying $21k a year after scholarships. How do I avoid going into debt?College can be expensive even with scholarships, making student loans almost unavoidable for many students.
I'm in college and just discovered my estranged father just died and he left me over $10 million - should I drop out of school?Dropping out of college due to an inheritance is unwise; education is crucial for long-term success.
In 2019, I inherited about $250K from my grandparents and grew it to $340k. Should I leave my financial advisor?Financial advisors can help manage money and achieve financial goals, but understanding their performance is crucial.
Our 4 Favorite High-Yield Dividend Kings You Can Buy Now and Hold ForeverDividend Kings, companies that have raised dividends for 50 years, are ideal for investors seeking reliable income.Dividends have historically contributed significantly to total returns in the S&P 500.
In 2019, I inherited about $250K from my grandparents and grew it to $340k. Should I leave my financial advisor?Financial advisors can help manage money and achieve financial goals, but understanding their performance is crucial.
Our 4 Favorite High-Yield Dividend Kings You Can Buy Now and Hold ForeverDividend Kings, companies that have raised dividends for 50 years, are ideal for investors seeking reliable income.Dividends have historically contributed significantly to total returns in the S&P 500.
10 Financial Scams and Frauds That Every American Over 50 Needs to Watch Out ForOlder adults are increasingly targeted by financial scams due to technological unfamiliarity and susceptibility.Scams such as reverse mortgages and telemarketing are particularly prominent for seniors.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cutsGinnie Mae is enhancing liquidity in the reverse mortgage sector with its HMBS 2.0 program, but staffing cuts pose a potential challenge to its implementation.
CrossCountry's reverse mortgage VP joins NRMLA boardRichard Thorpe appointed to NRMLA board, emphasizing the importance of reverse mortgages for senior financial security.
10 Financial Scams and Frauds That Every American Over 50 Needs to Watch Out ForOlder adults are increasingly targeted by financial scams due to technological unfamiliarity and susceptibility.Scams such as reverse mortgages and telemarketing are particularly prominent for seniors.
HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cutsGinnie Mae is enhancing liquidity in the reverse mortgage sector with its HMBS 2.0 program, but staffing cuts pose a potential challenge to its implementation.
CrossCountry's reverse mortgage VP joins NRMLA boardRichard Thorpe appointed to NRMLA board, emphasizing the importance of reverse mortgages for senior financial security.
'A beloved figure' - Tributes paid following death of Bishop and former Clare GAA President Willie WalshBishop Emeritus Willie Walsh, a beloved figure in the Catholic Church, passed away, remembered for his ministry, love for hurling, and commitment to sacramental marriage.
4 Passively Managed ETFs That Generated Better Returns Than Warren Buffett in 2024Passively managed ETFs can outperform Warren Buffett's Berkshire Hathaway.Top tech-focused ETFs like QQQ and SOXX have shown higher annualized returns than Buffett.Investors can consider several high-performing ETF options for their portfolios.
3 Schwab ETFs Growth Investors Should Focus On For Big GainsSchwab offers a diverse range of cost-effective ETFs ideal for long-term passive investors.
4 Passively Managed ETFs That Generated Better Returns Than Warren Buffett in 2024Passively managed ETFs can outperform Warren Buffett's Berkshire Hathaway.Top tech-focused ETFs like QQQ and SOXX have shown higher annualized returns than Buffett.Investors can consider several high-performing ETF options for their portfolios.
3 Schwab ETFs Growth Investors Should Focus On For Big GainsSchwab offers a diverse range of cost-effective ETFs ideal for long-term passive investors.
Millions of Dead People on Social Security? The Agency's Own Data Says Otherwise.Claims of millions of dead people receiving Social Security payments are unfounded and misinterpret agency records.
Fired federal worker: I feel like cruelty is the point'Federal workers face sudden and impersonal terminations amid a purge targeting probationary employees, contributing to confusion and distress.
Kerry pensioner powerlifting her way to glory - 'I've never looked back since I walked into that gym'Mary Fusco's realization on a cruise ship led her to embrace powerlifting, transforming her health and life.
The Philippine Mars took its final flight. See photos of the flying-boat aircraft from WWII to its last 800-mile journey.The last Martin Mars flying boat has completed its final flight, ending its long legacy as a historical seaplane.
Billionaire Stanley Druckenmiller reveals 'the biggest mistake investors make' and how he avoids itInvestors should focus on long-term trends rather than immediate market conditions.
The Biggest Waste-of-Money Purchases in the Whole WorldExtreme wealth can lead to outrageous spending habits that highlight societal inequalities.
What will it take to rekindle the senior housing market?Senior housing development has stagnated, possibly leading to a shortage amid growing demand.Many seniors prefer aging in place, impacting the senior housing market significantly.
Cherish This Encounter, for It Will Not Come AgainSeize opportunities for connections and learning before it's too late.
3 Reasons You Should Reevaluate Your Medicare Advantage Plan Every Year in RetirementRegularly evaluate your Medicare Advantage coverage to adapt to changes in health needs and plan costs.Medicare Advantage plans offer extra benefits that can enhance your healthcare without increasing out-of-pocket costs.