Should you invest in I bonds to protect against inflation? | personal financing

(Robin Hartell, CFP®) In normal times, it would be impossible to achieve a guaranteed 9.62% return on your money with virtually no risk. But with inflation soaring to its highest levels in 40 years, that’s exactly what Series I bonds have to offer. The US Treasury recently announced that the bonds will pay an annual … Read more

These stocks are your friends during a market crash | Smart Change: Personal Finance

(Morri Bachmann) It’s been a really tough ride for investors over the past few weeks. Stock values ​​have been dropping since the second part of April, and that’s on top of the losses investors already saw in their portfolios due to volatility earlier in the year. At this point, it would be premature to say … Read more

Why you should reconsider an indirect 401(k) | . extension Smart Change: Personal Finance

(Steven Walters) Because 401(k) plans are sponsored by your employer, your plan won’t stay the same when you switch jobs. Fortunately, you don’t have to go through your life trying to keep up with every 401(k) you’ve been through — you can make an even bigger pass. Rollover occurs when you transfer money from one … Read more

3 Reasons to Consider Dividend Kings for Your Retirement Account | personal financing

(Steven Walters) Not all companies that pay equal dividends are created. While there are some companies that you can say have reliable dividends, there are others that have earned the title of “King of Distributions”. If you are looking for investments that can provide reliable income and have stood the test of time, look no … Read more

Why you should reconsider an indirect 401(k) | . extension Smart Change: Personal Finance

(Steven Walters) Because 401(k) plans are sponsored by your employer, your plan won’t stay the same when you switch jobs. Fortunately, you don’t have to go through your life trying to keep up with every 401(k) you’ve been through — you can make an even bigger pass. Rollover occurs when you transfer money from one … Read more

How will your Social Security build up to a maximum of $4,194? | Smart Change: Personal Finance

(Kylie Hagen) The richest Social Security recipients can expect $4,194 a month — or more than $50,000 this year — from the program, but getting a benefit that big isn’t easy. Patience and a high income are key, as is an understanding of how the government calculates your benefits in the first place. If you … Read more

5 Painful Common Investment Mistakes You Should Avoid Right Now | Smart Change: Personal Finance

(Steven Walters) There is no such thing as a perfect investor. Even the most experienced investment experts make bad investments now and then. However, good investors understand that some basic mistakes can (and should) be avoided to make you a better investor. Here are five painfully common investing mistakes to avoid. Image source: Getty Images … Read more

Price hikes in 2022 showed one big problem with how Social Security accounts for increases | Smart Change: Personal Finance

(Christy Pepper) Inflation news seems to be getting worse every month, with the latest report in March indicating that prices for goods and services rose 8.5% year over year. This is the largest annual increase in prices since 1981. The spike was driven by the rising costs of necessities including housing, gas and food. Unfortunately, … Read more

3 essential things to retire your golden years | Smart Change: Personal Finance

(Justin Bob) Planning for your financial future is all about strategy – you want to make sure you’re working as smartly as possible. Work smart, not hard as they say. That could mean using the right ‘tool’ for a particular job, which I believe is not appreciated enough in personal finance. It’s not smart to … Read more