Retirement Income Show: Spooky Retirement (P3) – Yahoo News
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SmartAsset
This Lucrative Retirement Tactic Just Dodged Biden’s Axe
The latest iteration of President Biden’s Build Back Better bill, the $1.75 trillion social spending initiative that has been struggling to get votes in Congress, now preserves a lucrative retirement account loophole that was initially slated for elimination. For months the … Continue reading → The post This Lucrative Retirement Tactic Just Dodged Biden’s Axe appeared first on SmartAsset Blog.
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The New York Times
The 37-Year-Olds Are Afraid of the 23-Year-Olds Who Work for Them
As a millennial with a habit of lurking on TikTok, Jessica Fain understood that skinny jeans and side parts were on the steady march toward extinction. But when Fain, who works as a product manager at a large tech company, heard that some of her favorite emojis might also be confronting retirement — namely that laughing-sobbing face — she decided to seek the counsel of her junior colleagues. “I heard that using this emoji isn’t cool anymore,” Fain, 34, said she wrote in a water-cooler-type Slack
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Motley Fool
Married or Divorced? Don’t Miss Out on Up to $1,672 in Social Security Benefits in 2022
If they don’t know the rules for spousal benefits, they could potentially lose out on as much as $1,672 in monthly retirement income in 2022. Spousal benefits are available to people who are currently married, as well as to individuals who have divorced after at least a decade of marriage. Spousal benefits are worth up to 50% of the amount your ex-spouse can collect at full retirement age (FRA).
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MarketWatch
Higher inflation will push Americans back to work and cool speculative markets
Investors now are experiencing a perfect storm of inflation in the U.S. Perfect storms are generated from seemingly small factors. Inflation is always caused by too much money chasing too few goods. This is how the “too much money” side looks currently: During mandated pandemic shutdowns, the U.S. government dropped money on anyone who could fog a mirror.
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Motley Fool
3 Great Reasons to Take Social Security Benefits at 62
Seniors are often warned not to sign up for Social Security at the earliest possible age of 62. But if you’ve saved reasonably well for retirement, then you might as well use those benefits while you’re in the strongest position to make the most of them.
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Barrons.com
Oil Is Taking Another Strange Turn. Refiners Could Get Hurt.
Trading dynamics in the oil markets have been topsy-turvy since early in the pandemic, when U.S. prices briefly fell below zero. Oil prices have since rebounded strongly and are holding above $80 a barrel, their highest level since 2018. Now, a new oddity has cropped up: The two most closely watched gauges of oil prices are acting in unusual ways.
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MarketWatch
Zillow is offloading homes — raising ‘red flags’ about the real-estate market
Zillow’s unexpected announcement in October that it was temporarily pausing its home-buying activities raised many analysts’ eyebrows. The company’s Zillow Offers division is what’s known as an “iBuyer” — it purchases and sells homes directly to consumers, typically renovating them in between. Following a report in mid-October from Bloomberg, Zillow (Z) (ZG) confirmed that its Zillow Offers division would not be signing any additional new contracts to purchase homes through the end of 2021.
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Motley Fool
3 Lesser-Known Perks of Getting a Side Hustle
Side hustles have become quite popular, and for good reason. Of course, the main benefit of working a side hustle is getting to boost your income — sometimes substantially. While the financial benefits of a side hustle may be pretty obvious, the truth is that getting a second job could work to your advantage from more than just a financial standpoint.