I’m a flight attendant, I’m 61 and I want to retire at 70. I’m going to get a $900 pension a month and I’ll get Social Security, but I only have $150,000 in my 401(k). Should I get professional help?

This hostess is looking for financial help from a counselor, but how should she choose the right person? Getty Images A question: I think I need a financial advisor. I am 61 years old and plan to retire at 70. I am a flight attendant and will have a pension of just over $900 a … Read more

This industry veteran says the best approach to the Fed’s decision may be to not play

It’s time for the Federal Reserve, which is expected to deliver a fourth consecutive massive increase, although it’s clear that bigger questions hang over plans for December onward. Understandably, Wall Street is on the fence, especially after Tuesday’s batch of data saying good is bad. our Today’s call From Stuck in the middle bloggerMr. Blonde … Read more

5 Questions to Ask Your Financial Advisor Right Now About Inflation

The inflation rate in the euro area rose to 10.7% In October compared to last year, the highest number in the coin’s 23-year history. US inflation hit 8.2% in September, still hovering at a 40-decade high. In the UK, the rise in the cost of living was 10.1% year-on-year in September. In Singapore, the rate … Read more

The stock markets have been really terrible this year – but here’s a way that can help on your next tax return

Here’s some solace to anyone who’s been attacked in the stock market this year: A battering your portfolio can provide some advantage in the upcoming tax season. It’s a strategy called “tax loss harvesting,” and as tax planning approaches the end of the year, financial experts say this backward strategy shouldn’t be limited to just … Read more

My friend has a nicer house and says I should live with it. My mortgage has been paid off. He thinks I should pay half of his monthly costs. This ignites?

Dear Quentin, My friend owns a house with a 30-year mortgage balance of $150,000 at a 4% interest rate. He has $275,000 in cash and retirement accounts. He is retired. My house has been paid off. I have $50,000 in cash and retirement accounts. I would like to retire in one to two years. We … Read more

China tops the United States for the first time in the ranking of “best” universities in the world

China has overtaken the United States in a major ranking of the best universities in the world. Of the 2,000 schools from more than 90 countries ranked by US News & World Report, the list is ranked by 338 Chinese universities, compared to 280 in the US. It is the first time that China has … Read more

Spending on Halloween is expected to rise by $500 million – candy prices are up at an all-time high

It’s going to be a big year for Halloween, even though millions of Americans are feeling the financial squeeze due to inflation. Total spending is expected to reach $10.6 billion, an increase of 5% or $500 million over last year, National Retail Federation estimates. That’s $2 billion or 20% of the $8.8 billion Halloween spending … Read more

White House unveils ‘Artificial Intelligence Rights Act’ to protect digital and civil liberties

The Biden administration unveiled a set of far-reaching goals Tuesday aimed at avoiding the damage caused by the rise of artificial intelligence systems, including guidelines for how to protect people’s personal data and limit surveillance. Officials said the AI ​​Rights Act outline does not specifically outline specific enforcement actions, but is instead intended as a … Read more

Opinion: Reverse mortgages are often misunderstood – they can provide seniors with a lifeline while markets plunge

If they own stocks or bonds, they may not want to sell with both markets crashing simultaneously. Or they may be completely out of options and their home is their only remaining valuable resource. That’s when it comes the turn of the mortgage to transfer the equity to the home. Most people think reverse mortgages, … Read more

Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more