Understanding the relationship between bond risk and time to maturity and duration of a bond provides the basis for understanding the bond yield curve. The yield curve shows the yields to maturity for a series of bonds—typically US Treasury bonds—with the same credit quality but different maturity dates, along with the term structure for interest
By Kelly K. James, Next Avenue Contributor Two friends having conversation at work, woman in her 50s wearing glasses smiling and facing female … [+] manager, agreement, support, collaboration Getty When Kathy Pauss retired from her job as a school secretary a few months before turning 65, the Downers Grove, Ill. resident thought it was
CHICAGO, IL – OCTOBER 01: Illinois gubernatorial candidate J.B. Pritzker speaks during a round table … [+] discussion with high school students at a creative workspace for women on October 1, 2018 in Chicago, Illinois. Pritzker was joined by his Illinois gubernatorial Lieutenant Governor candidate Juliana Stratton and former Secretary of State Hillary Clinton as
When it comes to retirement planning, you may have heard a lot about the benefits of tax-advantaged retirement accounts, how to choose investments, and maybe some of the details of any pension plans that you’re fortunate enough to have. But what about Social Security? After all, it provides the majority of retirement income for many
Getty On twitter, I joked that I was drafting an article I was tempted to call, “Beating a Dead Horse Into The Ground: More Historical Context On Pensions Than Any Reader Is Remotely Likely To be Interested In.” But — I’m sorry to disappoint you — I suspect this will not be the last time
As a generation, Millennials seem to be in a financial juggling act. Most already have established careers, but they are also balancing mortgage payments, starting a family and paying off student loan debt. Given all of this, it’s no wonder some Millennials struggle to save for retirement. It can be difficult to commit to setting
Retirees are sacrificing their own retirement savings in order to help their adult children … [+] financially. Getty Are You Supporting Your Adult Children While Endangering Your Own Financial Security? As an 80-year-old widower I’ll call “Fred” told me, some parents may derive pleasure in helping adult children financially, especially if the children chose careers
SOPA Images/LightRocket via Getty Images By Rachel Hartman, Next Avenue Contributor A glance at digital trends shows the potential for more stuff stored electronically is not going anywhere soon. The number of internet users is increasing by an average of 1 million per day, per the Global Digital 2019 report by WeAreSocial. Online visitors are
Getty The start of a new year is when many of us ask ourselves what lies ahead personally, professionally and financially. We happily hang a colorful 2020 calendar, jot down birthdays, upcoming vacations, and other future events. My guess is, however, you don’t mark down personal finance events and deadlines there. Big mistake. For your
Â©m.mphoto – stock.adobe.com It could say a lot about the state of the bull market The S&P 500 Index and the Dow Jones Industrial Average are two of the most widely-followed stock market indexes. And, while they have some very clear differences in their DNA, they tend to perform in sync much of the time.
Getty Stop me if you’ve heard this before: “Life expectancy has increased so much since Social Security was implemented that it’s only natural that the Social Security Full Retirement Age should increase to the same degree.” Or: “Back in the day, people hardly ever lived past 65, but now that’s changed,” etc. And, in fact,
Getty What’s does 2020 hold for your utility stocks (and closed-end funds)? Will these steady income plays hand us another round of big gains and dividends? Or is there trouble ahead? These are reasonable questions to ask after these “boring” stocks poured on a huge—and rather “un-utility-like”—26% total return last year! Let’s dive into three
Getty If you’re rich and live in Connecticut, chances are you’ll be hearing this from your estate lawyer: As of the New Year, Connecticut trust law has entered the modern age, and that probably means you should revisit your estate plan. Trusts sound stodgy and old-fashioned, but they’re an essential part of planning your estate
Getty Millennials have a reputation for job hopping, but this isn’t limited to their generation. In fact, younger Baby Boomers and Gen-Xers are sometimes placed in this same situation (whether of their own volition or it being thrust upon them). What prompts most people to change jobs in high employment environments like we’re currently in?
Getty Images In a tweet Thursday, President Trump blamed you for your 401(k) balance. Trump tweeted: “STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you doing wrong?” There are a lot of ideas packed into those 22 words and most of them are misleading.
Jane Bryant Quinn, author of ‘How to Make Your Money Last’ Simon & Schuster As someone who has been writing and editing personal-finance stories for over four decades, I have a few idols in my field. At the top of the list is Jane Bryant Quinn. So, I was delighted to have the chance to
Blood proteins and molecular changes that occur in our blood could be used to assess our health and wellness and more specifically identify people at greater risk of age-related diseases, according to a new study by researchers at Stanford University and funded in part by NIH’s National Institute on Aging (NIA). 3d illustration universal blood,
Illinois Supreme Court Justices all stand before swearing in ceremonies for Justice Lloyd Karmeier … [+] as the chief justice of the Illinois Supreme Court Monday, Oct. 31, 2016, in Springfield, Ill. (AP Photo/Seth Perlman) ASSOCIATED PRESS Earlier this week, I griped that an Illinois State Senator, Heather Steans, had claimed that the state had
As you enter the home stretch of your career, you may be paying professionals large sums for retirement guidance. Maybe you don’t have to do that. This 7-part series on wealth will give you the tools to make a lot more financial decisions on your own. #1: Put It All In One Fund This cheap
Getty Sixty percent of Americans have at least one chronic disease, such as heart disease or diabetes, according to the Centers for Disease Control and Prevention. Chronic diseases are even more common among older, low-income adults and minorities. But when Kendra Jason, a sociology professor at University of North Carolina at Charlotte, studied workplace supports