Monthly wealth stream

Can I Contribute to an IRA if I’m Married Filing Separately? monthlywealthstream

If you’re married, you can file a joint tax return with your spouse or file separate returns. If your incomes are similar and you’re worried about moving into a higher tax bracket, it can make sense to file separately. It might also be a good idea if one of you typically claims a significant amount […]

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‘I don’t trust my financial guy.’ I’m 67 and trying to live on $2.2K-a-month Social Security. I have $500K with an adviser, who charges 2%, but last year the return was 26%. What’s my move? monthlywealthstream

Question: “I’m 67 years old living – or trying to – live on $2,200 Social Security a month. I don’t trust my financial guy. I rolled over a roughly $500,000 IRA to him without really digesting how much his 2% AUM fee would add up to. He invested in about six different funds, Class A,

‘I don’t trust my financial guy.’ I’m 67 and trying to live on $2.2K-a-month Social Security. I have $500K with an adviser, who charges 2%, but last year the return was 26%. What’s my move? monthlywealthstream Read More »

Are You Richer Than You Realize? A Shocking Number Of People Consider Themselves ‘Poor’ But They’re Really Among The Top 10% Of Earners monthlywealthstream

It’s surprising how many people earning more than most Americans still feel like they’re barely getting by. According to a Bloomberg report, even those making over $175,000 a year – which puts them in the top 10% of U.S. earners – often don’t see themselves as “rich.” A quarter of those surveyed said they felt

Are You Richer Than You Realize? A Shocking Number Of People Consider Themselves ‘Poor’ But They’re Really Among The Top 10% Of Earners monthlywealthstream Read More »

Big companies are seeing more CFO turnover. Here’s why that matters monthlywealthstream

When Tesla CFO Zachary Kirkhorn stepped down last August, Wall Street analysts and investors alike were unnerved. The stock shed more than $23 billion on the news, with one top tech analyst describing the announcement as “a blow in the near term” and a “big surprise to the Street.” It was the second CFO departure

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With $218k in My IRA at 67, Should I Start Withdrawals to Avoid Bigger RMDs? monthlywealthstream

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I’m turning 68 shortly and plan to wait to claim my Social Security at age 70 to maximize the monthly benefit. I also plan to retire at the end of the year, if not sooner (so in three months

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Cruise lines are ‘having a moment’ as a cheaper alternative to hotels monthlywealthstream

Royal Caribbean’s “Icon of the Seas,” billed as the world’s largest cruise ship, sails from the Port of Miami in Miami, Florida, on its maiden cruise, on Jan. 27, 2024. Marco Bello | Afp | Getty Images The demand for cruises is still going strong — and it doesn’t appear to be letting up anytime

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First-time homebuyers hold off on purchases amid ‘slim’ pickings, high mortgage rates monthlywealthstream

Lindsey Vogel has been looking to buy her first home since February of this year. She hasn’t had any luck. In Burke Centre, Va., where she’s actively looking, Vogel hasn’t found anything that would persuade her to seal the deal. That’s despite going to at least one open house every other week, she said. “It’s

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3 Nuclear Power Stocks That Could Power the Artificial Intelligence Revolution monthlywealthstream

The artificial intelligence (AI) revolution is creating an unprecedented surge in energy demand. The International Energy Agency projects that data centers may account for up to one-third of the anticipated increase in U.S. electricity demand from 2024 through 2026. Major tech companies are making bold moves into nuclear power to meet their growing energy needs.

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