Do you want a maximum Social Security benefit of $4,194? This is the salary you need | Smart Change: Personal Finance

(Christy Pepper) Social Security benefits don’t provide much annual income for most people, with the average benefit coming in at just $1,661 per month. But for a small number of Americans, retirement benefits provide a monthly income of $4,194. This is the largest amount the Social Security Administration will send out each month in 2022, … Read more

Biden’s offshore drilling proposal would allow up to 11 sales | Health, medicine and fitness

By Janet McConaughey and Matthew Brown, Associated Press New Orleans (AFP) – President Joe Biden’s administration on Friday proposed as many as 10 oil and gas sales in the Gulf of Mexico and one off the coast of Alaska over the next five years – contradicting Democrats’ sales. Climate promises But the Trump-era plan, which … Read more

Don’t let novelty bias derail your retirement investment strategy | personal financing

(Sam Swenson, CFA, CPA) investing in the retirement It is much more behavioral than mechanical. yosuddenlyHumans tend to respond to large, emotionally impactful events. This is the crux of the modernity bias: we have a behavioral tendency to place more importance on the events of the recent past, especially when it comes to investing. Below, … Read more

Getting treatment when cost and access are a barrier | Smart Change: Personal Finance

Sarah Rathner Search race Psychological health Therapy can feel like a marathon when you don’t have the energy or ability to reach the starting line. You may encounter limited and affordable options and a shortage of available therapists. “Before the pandemic, we had an insufficient workforce to meet the mental health demands of the country,” … Read more

3 reasons to sell stocks and 1 big reason not to | Smart Change: Personal Finance

(Mark Clean) Should you’re a buy-and-hold investor, it is simple to dismiss the problem of promoting. In any case, in case you make investments nicely, you’ll hopefully promote hardly ever. Nonetheless, it is very important perceive when you need to promote a inventory, even when the situations are few and much between. Picture supply: Getty … Read more

Biden awards the Medal of Freedom to Biles, McCain and Giffords | Health, medicine and fitness

By Darlene Superville – The Related Press Washington (AFP) – President Joe Biden will current the nation’s highest civilian honor, the Presidential Medal of Freedom, to 17 individuals, together with the actor. Denzel WashingtonGymnast Simone Biles and late John McCain, The Arizona Republican with whom Biden served within the US Senate. Biden will confess too … Read more

Hofmeister and Statee lead in Oklahoma governor’s race | national policy

By Sean Murphy, Related Press author Oklahoma Metropolis (AFP) – Republican Governor Kevin Stitt and Democrat Joey Hoffmeister simply gained their primaries on Tuesday, each capitalizing on huge fundraising benefits over their opponents in a state the place points akin to abortion, firearms and the dying penalty are scorching. The main focus is prone to … Read more

Will this be the summer of student debt cancellation? | personal financing

Summer time “will is, is not going to” Scholar debt cancellation It’s upon us. “He”, after all, is President Joe Biden. Some 43 million debtors are clinging to hope that Biden will take govt motion to alleviate not less than a few of their $1.7 trillion collective debt. Rumors unfold on social media. The Ministry … Read more

Tesla CEO predicts recession: How savers should prepare for retirement | Smart Change: Personal Finance

(Catherine Brooke) Tesla CEO Elon Musk just lately predicted that the US financial system will quickly fall right into a recession. Talking on the Qatar Financial Discussion board, Musk described a recession as “extra seemingly than others” within the close to time period. Says musk Seems he was proper: How will that have an effect … Read more

The Four Critical Social Security Rules Every Retire Should Know | Smart Change: Personal Finance

(Christy Pepper) In the event you’re in your 60s, you will doubtless begin desirous about retirement and claiming Social Safety. Earlier than you do this, you will wish to be sure to perceive the internal workings of this entitlement program. In any other case, you may inadvertently make selections that endanger your monetary safety and … Read more