Planning for retirement can be both exciting and challenging. Figuring out how much you can realistically spend each year is a key piece of that puzzle. For example, a 62-year-old with $800,000 in savings and a monthly Social Security benefit of $2,600 can reasonably expect an annual income of $63,200 in retirement. Figuring out how […]
Jun. 3—MORGANTOWN — Hope Gas residential customers could see their bill rise by $6.08 per month under a proposal submitted to the Public Service Commission. The figure is included in Hope’s annual Pipeline Replacement and Expansion Program (PREP) filing. The hike represents a 6.34 % increase for residential customers. Hope wants to have its new […]
As an indefinite general strike begins in Nigeria, one worker tells the BBC that it’s impossible to survive on what the government is proposing as a minimum wage as it is not enough to buy a bag of rice. Security guard Mallam Magaji Garba says he needs 50kg of rice, which costs 75,000 naira ($56; […]
Some regions in southern Germany have recorded more rain within 24 hours than normally falls over a whole month, the German Meteorological Service (DWD) reported on Sunday. Kisslegg in the south-western state of Baden-Württemberg recorded 130 millimetres of rain on Friday alone, the DWD reported. The region normally reports 118mm per month at this time […]
Investing in top tech stocks and investing in income stocks are often thought of as two separate investment strategies, but the relatively new NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) allows investors to own the Nasdaq’s (NDX) top tech stocks while collecting an attractive monthly distribution. I’m bullish on this new ETF from NEOS based […]
Here’s some depressing information. As of April, the average monthly Social Security benefit was $1,915. On an annual basis, that’s nearly $23,000. Few of us would look at that as an income we could live on in retirement — which is why it’s so important to be planning for retirement and saving and investing for […]
Deciding whether to take a $400,000 lump sum or monthly pension benefit of $2,000 requires calculating the relative value of each option. Generally speaking, the sooner you can receive the lump sum, the more value it will have since you can invest it over a longer period. The monthly payment option may be more valuable […]
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shapecharge / iStock.com According to the 2024 Financial Literacy Survey by GOBankingRates, 13% of Americans currently don’t make enough money to cover their monthly bills, and 46% are barely making enough to get by. Then there are wealthier people who don’t have to stress about certain monthly bills that impact those who are in the […]
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Dividend stocks normally pay you every quarter, which isn’t optimal if you want to generate consistent monthly income from your investments. But you can get around that by investing in stocks that pay at different times during the quarter. Three high-yielding stocks that can provide you with some excellent dividend income are Innovative Industrial Properties […]
By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in April as higher mortgage rates and house prices weighed on demand, dealing another setback to the housing market. Though the report from the National Association of Realtors on Wednesday showed inventory increasing last month to a 2-1/2-year high entry-level homes remained scarce, […]