by admwiu | Dec 5, 2023 | Newsletter, Retirement
More than 37 million U.S. adults are living with some hearing loss, but only about one-fourth of those who might benefit from a hearing aid have used one.1 One big obstacle is cost: The average price of a pair of prescription hearing aids runs about $4,600....
by admwiu | Dec 5, 2023 | Newsletter, Retirement
Have you noticed that packages are smaller at the grocery store? If so, you’re not alone. A survey of consumers taken in 2022 found that a majority of U.S. adults have noticed shrinkflation — products shrinking in size while prices stay the same or increase. This is a...
by admwiu | Dec 5, 2023 | Cash flow & debt, Newsletter, Retirement
The Social Security cost-of-living adjustment (COLA) for 2023 was 8.7%, the largest benefit increase since 1981. Obviously, the COLA helps current beneficiaries, but you may wonder whether it will make a difference if you’re not yet receiving retirement benefits. The...
by admwiu | Dec 5, 2023 | Newsletter, Retirement
When you open an account or update an existing account at a brokerage or a financial firm, you may be asked if you want to designate a “trusted contact.” This individual may be contacted in certain situations, such as when financial exploitation is suspected or there...
by admwiu | Dec 5, 2023 | Newsletter, Retirement
Headline inflation, which refers to the 12-month increase in the Consumer Price Index (CPI), increased 9.1% in June 2022 — the highest rate since 1981 — before the U.S. economy began the fraught process of disinflation.1 Disinflation means the rate of inflation is...
by admwiu | Dec 5, 2023 | Newsletter, Retirement
When you leave your job or retire, you have an opportunity to manage your funds in an employer-sponsored retirement plan such as a 401(k), 403(b), or government 457(b) plan. Depending on the situation, you generally have four options. Rollover The approach that gives...
