#financial security

#financial security

The past few years have done a number on a lot of people's savings. Between high levels of unemployment spurred by the pandemic and several years of rampant inflation, many folks have whittled down their cash reserves to practically nothing. An estimated 63% of U.S. workers did not have enough savings on hand to cover a $500 emergency expense, according to Fintech company SecureSave. That's kind of scary, though, because as a general rule, it's important to have a large enough emergency fund to cover at least three months of expenses.

Billionaire Ross Stevens wants to change that. Beginning with next month's Milan Cortina Games, he will give $200,000 to every U.S. Olympic and Paralympic athlete, regardless of if they win, in a move to help them gain financial security. Stevens, the founder and CEO of Stone Ridge Holdings Group, donated $100 million to the United States Olympic & Paralympic Committee (USOPC) for the program in 2025. It was the largest gift in the organization's history.

My husband and I have been married for nearly 30 years but for the last 10 years or so have not been intimate.

Nearly one in five people aged 55 and over and on low incomes say they want to retire but can't because of housing costs, according to a survey by Crisis.

A Redditor must decide whether more money is worth a longer commute and five days in the office, complicating plans for early retirement.

A thing that terrifies me is apparently there are still some financial institutions that will accept the voiceprint as authentication. That is a crazy thing to still be doing. AI has fully defeated that.

The Social Security Administration will officially stop issuing paper checks, transitioning to electronic funds transfers starting September 30, 2025, to improve efficiency and security.

Insurance designed for older individuals differs from the types typically associated with earlier phases of life. These policies tend to emphasize peace of mind over wealth accumulation.

"USDA has a lot of data that people should be very concerned about protecting for a lot of different reasons," said one current USDA employee who requested anonymity due to ongoing fear of retaliation. "Farmers' financial and production data should be protected at all costs, for privacy reasons and because of competition. If you got access to disaster payments, you would be able to layer a lot of data and arrive at a lot of valuable conclusions about productivity and U.S. farmland, futures markets, and commodity prices. You can hedge a lot of bets and make a lot of money if you know what's happening with U.S. agriculture."

Dividend growth investing provides a reliable, inflation-resistant income stream for retirement by leveraging consistent dividend increases and compounding for long-term wealth.

I had also been running three side businesses outside of work for several years, namely an online fitness coaching company. This allowed me to pursue my fitness passion while having bidirectional income streams.

"I'd never seen the job market that bad, and I was genuinely concerned for my financial future."

I've always had at least one side gig on top of a primary job. Through economic dips, my backup jobs have brought me peace of mind for 25 years.

Passive income is sought by retirees to supplement earnings and ensure a prosperous retirement, with various income sources including rental activities, stocks, and limited partnerships.