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Money Management

Here’s How Much People Spend on Basic Needs (How Do You Compare?)

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 These costs are rising fast — and keeping many of us on edge. Kues / Shutterstock.com

Life has gotten more expensive for everyone over the past few years. But just how much does it cost to get by today? Recently, New York Life broke down the numbers to determine just how much Americans are paying in monthly costs. A survey of 2,200 adults found that 90% have some level of concern about current economic conditions, with 63% worried about the rising cost of living and 56%

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The Top Retirement Fears for Gen X — Which Is Turning 60

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 Are fears rattling your retirement outlook? Discover Gen X’s top worries as they approach their 60s. polkadot_photo / Shutterstock.com

Generation X is turning 60. The oldest members of that age cohort — born between the years 1965 and 1980 — will celebrate the birthday milestone next year. However, it appears that a large percentage of Generation X is in no mood to party as their golden years approach. Nearly half of Gen Xers despair about the future, with 48% saying it will take a “miracle” to retire securely…

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The 5 Hottest European Property Markets in 2024

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 Explore the markets in Europe that have both strong momentum and room to grow. leoks / Shutterstock.com

2024 is going to be big for global property investors, especially in Europe. Key to having a profitable year is identifying emerging markets and staking claims as early as possible. To that end, in-house real estate investment expert Lief Simon and his team of international property scouts (including me) are currently planning scouting trips in the markets that are on his radar.

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How Stagflation Works and What to Do About It

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 Learn about stagflation, what makes it scary, and what you can do if you’re worried about it. amenic181 / Shutterstock.com

First, before reading this article, know that there are solutions to every economic problem — at both the personal and macro economic level. So, even though there is renewed talk of the U.S. economy hitting stagflation, it doesn’t mean that you’ll never be able to retire or run out of money if you do. But, being forewarned is being fair armed. And, there have been murmurings that stagflation…

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8 Tips to Thrive in Retirement While Living Alone

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 Dodge loneliness in retirement with these strategies for flourishing alone. Lopolo / Shutterstock.com

You are not alone, so to speak, when you live alone in retirement. A sizable portion of Americans currently are spending their retirement years without a partner. The Pew Research Center reported in 2020 that about 27% of U.S. adults aged 60 and older live solo. And a recent Census Bureau report finds: Adults living alone at ages 65-74 Adults living alone at ages 75 and older Despite…

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5 Steps for Retiring Into a Life You’ll Love

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 Here are some tips to find everything you need for a great retirement: money, passion and purpose. Aaron Freeman / Money Talks News

Most people expect to retire one day, and while they may have images of their future selves perfecting their golf game and hitting Wimbledon-worthy serves, let’s face it: There’s only so much golf and tennis you can play before becoming bored. In fact, if you don’t find some purpose beyond work after you retire, you could literally be at risk of dying sooner! Today, we’re talking to Nicholas…

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