Whether you stop working before or after you’re eligible for Medicare, healthcare costs will increase in retirement. Does this mean kissing post-retirement travel plans goodbye? Not at all.
An assiduous researcher, Anika Hedstrom, CFP®, writes on motivational and behavioral aspects of financial planning. Creator of The Purpose Project™, Anika is inspired by leading management thinker Adam Grant and has contributed to USA Today, Business Insider, Huffington Post, and NPR.
In 2018—for the first time in 36 years—Social Security and Medicare benefits will be paid from program assets rather than from interest earned on those assets. Is this the beginning of the end for Social Security and Medicare?
Economic models assume humans make rational choices, but University of Chicago economist Richard Thaler isn’t having any of it. With wild swings in the market this month, investors and their rationality have never been tested more.
While it is too soon to grasp the full implications of the new tax law—the first significant revision to U.S. tax law since 1986—individuals and corporations will be affected by the changes starting this year. Here are some of the key changes that will go into effect.