All Posts By

Tarra Jackson

New Senate Tax Plan Could Spike Your Power Bill by 10%

By Money Management No Comments

 Buried in the Senate’s tax overhaul is a provision that could drive up monthly electricity costs. Here’s how to prepare. 

Wind farm in New Mexico
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The Senate’s latest tax bill could hit your wallet through higher electricity bills. Buried on page 558 of the proposed legislation is a new excise tax on wind and solar projects that energy experts warn could increase consumer electricity prices by 8% to 10%. If your electricity comes from renewable sources, even in part, you could see real dollars disappear from your monthly budget.

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How Much of Your Savings Should Be in Stocks? Here’s What Other Americans Do

By Money Management No Comments

 Exactly how much of their retirement savings do Americans invest in stocks? The data might surprise you. 

Young couple thinking about their equity allocation
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Millions of us agonize over our investment mix. Do we have too much money in stocks — or not enough? The right mix depends on many factors, including our day-to-day expenses and desired retirement lifestyle. Age also plays a large role, as many investors try to reduce their exposure to riskier investments like stocks as they move closer to retirement. Recently, Vanguard looked at various age…

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Shut Out of a 401(K)? Here’s Your DIY Retirement Plan

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 A few small moves today could spare you major stress down the road. 

Couple with a piggy bank
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About 56 million American workers can’t save for retirement through their jobs, CBS News reports, citing Pew Charitable Trusts data. That’s nearly half of private-sector employees who miss out on automatic paycheck deductions and employer matches that make 401(k)s such effective savings tools. The gap is most severe for workers earning $37,000 or less. The Economic Innovation Group found that…

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How to Kick-Start Your Grand Adventure Abroad

By Money Management No Comments

 Connecting with the right people is the first step toward living overseas. 

Kuching, Malaysia
fiz_zero / Shutterstock.com

In this age of 24/7 real-time news, it can be easy to succumb to the theory that things are bad all over. Au contraire, dear reader. In so many places across our world, life is good — grand even. If you’re not seeing things that way, please try shifting your perspective. If your friends aren’t seeing things that way, consider new friends. We’re here to help on both scores. If I had to name…

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Markets Are Soaring: Is It Time to Dial Back Your Risk?

By Money Management No Comments

 Learn practical ways to manage youri nvestments martly during market highs without making costly mistakes. 

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The stock market’s latest surge has been dramatic. After tumbling 19% in April, the S&P 500 has rebounded sharply, closing at a record high of 6,173.07 on June 27. According to TheStreet, that marks a full recovery from this spring’s near-bear-market drop. It’s the kind of V-shaped recovery that leaves some investors wondering whether they missed out or whether danger still lies ahead.

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Tech Gains and Trade Progress: Should You Change Your Investment Strategy?

By Money Management No Comments

 The smartest investors know the answer. 

Investment Moves That Will Skyrocket Wealth This Year
Vintage Tone / Shutterstock.com

The stock market is hitting fresh records again, and if you’ve got money in a 401(k) or investment account, you’re probably wondering what this means for your bottom line. With futures pointing to new highs and trade tensions potentially easing, there’s plenty to unpack about how these market moves could affect your portfolio. Think of futures as the market’s crystal ball.

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