Personal Finance

An 11% increase in Social Security is practically impossible.  But that's okay.

An 11% increase in Social Security is practically impossible. But that’s okay.

(Keith Speights) We are probably less than two weeks away from knowing how much more Social Security checks will be in 2023. The Social Security Administration (SSA) plans to make the announcement in mid-October. Many predictions have been made in recent months about what the next cost of living adjustment (COLA) will be. The most …

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Dave Ramsey says this is an 'essential part of managing your money'

Dave Ramsey says this is an ‘essential part of managing your money’

Image Source: Getty Images Have you checked this essential task off your to-do list? Key points Managing your money can be tricky, but Dave Ramsey has some tips to make it easier. He believes that having an emergency fund is an essential part of money management. Even if you’re paying down debt, it’s a good …

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Early Social Security claimants, get ready for this big change in 2023

Early Social Security claimants, get ready for this big change in 2023

(KaileyHagen) We’re just a few weeks away from learning what kind of cost-of-living adjustment (COLA) Social Security beneficiaries can expect in 2023. While it’s a big deal, it’s not the only exciting change coming to the program. year. Workers who claim Social Security early may notice a difference in their checks that has nothing to …

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Do you have an extra $250 a month?  Here's how to turn it into $500,000

Do you have an extra $250 a month? Here’s how to turn it into $500,000

(KaileyHagen) For most of us, $250 is not a small amount of change. But unfortunately, that doesn’t seem like much next to our monthly bills, which are typically in the thousands of dollars. And it seems even smaller next to the hundreds of thousands or even millions of dollars we plan to spend in retirement. …

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Meet Nancy Doyle, Financial Education Instructor

Meet Nancy Doyle, Financial Education Instructor

The Johnson County Library is pleased to feature Nancy Doyle, personal finance expert and financial literacy advocate, to offer patrons valuable advice on how to manage their financial lives more effectively and safely. Doyle will share his insights on “Getting Your Financial House in Order” on October 11 from 7-8:30 pm via Zoom. Register online …

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Limit the shock: adjust personal finances to market turmoil

Limit the shock: adjust personal finances to market turmoil

Most UK investment managers spent the past week glued to their screens, watching the impact of the UK market turmoil on their funds. But a British hedge fund executive spent the week poolside in Dubai, worrying about his hotel bill. “I was seeing my vacation getting more expensive every day,” he said. But his own …

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How much should you expect to spend on medical expenses in retirement?

How much should you expect to spend on medical expenses in retirement?

If you’re saving for retirement, chances are you’re building up savings that will cover the food, housing, transportation, and medical expenses you’ll have in your golden years. You’re also probably putting away at least 15% of your paycheck and anticipating a savings withdrawal rate of no more than 4%. While you may be doing all …

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