Retired? This is when the IRS can take a closer look at your finances

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Richard Bernstein Advisors CEO and CIO Richard Bernstein provides insight on investment strategies in times of conflict and rising inflation at the Barrons Roundtable. American retirees may be done with their work, but they may still face an audit IRS audit if their tax return raises red flags. Data from the IRS shows the tax … Read more

Eric Swalwell is attacking retirement, delaying paying taxes while running for governor of California

Eric Swalwell is attacking retirement, delaying paying taxes while running for governor of California

Eric Swalwell is dipping into his retirement savings and deferring his tax payments as he campaigns to become California’s next governor. The 45-year-old Democratic congressman, who polls 17 percent in a crowded field, has also contributed more than $200,000 in campaign cash to pay for childcare costs. Tax returns from 2021 to 2024 show Swalwell … Read more

Four ways to secure your finances in this terrible job market

Four ways to secure your finances in this terrible job market

Open this photo in the gallery: Today’s labor market is sluggish, and uncertainty is high.diego_cervo/iStockPhoto/Getty Images We are not, technically, bankrupt. But for those who are currently unemployed, we can be too. We are in what economists call a “low-fire, low-hire” market. Employers are shedding jobs left and right as they may be in a … Read more

‘Gut feeling.’ When my husband had a stroke, I managed our finances. Now I suspect that we have been cheated by our advisor. Now why?

'Gut feeling.' When my husband had a stroke, I managed our finances. Now I suspect that we have been cheated by our advisor. Now why?

Question: “My husband who took care of all our finances suffered a stroke. It seems that he will not be able to start his finances from now on. Now I take care of everything and I am burdened by my head. I have the feeling that our financial plan has prepared us to remove a … Read more

Cost of living report highlights severe strain on family finances – Here’s what you need to know | Citizen

Cost-of-living report paints grim and financial strain on households, this is what you need to know

Prices of essential utilities such as electricity and water have risen above the national inflation rate for the past six years. The Competition Commission has presented a shocking picture of the cost of living in South Africa, revealing that the prices of essential utilities such as electricity and water have risen more than the national … Read more

Celebrity money advice can ruin Canadians’ finances – why millions are getting it wrong.

A driver of money

A driver of money Millionaires and financial influencers love to give money advice. But not all of it is sustainable – and in some cases, following it can ruin your finances. Take Suze Orman’s claim (1) that skipping coffee can make you $1 million. The idea is based on investing in a sustainable way to … Read more