Buying cheap stocks isn’t the same as investing in value – it pays to know the difference | Smart Change: Personal Finance

(Stephon Walters) There are many different types of investors: some focus on developing stocks, others prefer dividend-paying stocks, and others Look for the value. Value investors seek to trade stocks at a lower price than their price intrinsic (or real) value. By finding companies whose stock price does not reflect their business or financial statements … Read more

Here’s Exactly How to Improve Your $4,194 Monthly Social Security Max | Smart Change: Personal Finance

(Kylie Hagen) Your monthly Social Security check of $4,194 can help you fund a very comfortable retirement, especially if you have personal savings as well. But few people were able to achieve this. If you’re up to the challenge, here are the three steps you should take to secure your maximum Social Security benefits. First … Read more

3 Big Reasons to Get Social Security Benefits at 62 | Smart Change: Personal Finance

(Kylie Hagen) Signing up for Social Security at 62 means more checks, but there’s one drawback: The checks you receive at 62 are smaller than the checks you’d get if you were late in getting benefits. Some people choose to delay until their 70s to get as many checks as possible, but this isn’t the … Read more

Earn $2000 in Monthly Retirement Profits in 3 Easy Steps | Smart Change: Personal Finance

(Stephon Walters) Unfortunately for many people, one source of retirement income will not be enough to sustain their lifestyle; It will take a multi-angle approach. Although some of the more obvious options for retirement income might be a 401(k) plan, IRAs, and Social Security, one underrated source of income is dividend payments. Dividends are usually … Read more

Will your Social Security benefits increase when you reach full retirement age? | Smart Change: Personal Finance

(Kylie Hagen) Social Security is a cornerstone of most Americans’ retirement plans, yet many people remain confused about how it works. It is a potentially dangerous misconception that your Social Security checks increase once you reach your full retirement age (FRA). This may happen to some people, but it’s not something every older person should … Read more

Will your Social Security benefits increase when you reach full retirement age? | Smart Change: Personal Finance

(Kylie Hagen) Social Security is a cornerstone of most Americans’ retirement plans, yet many people remain confused about how it works. It is a potentially dangerous misconception that your Social Security checks increase once you reach your full retirement age (FRA). This may happen to some people, but it’s not something every older person should … Read more

3 steps to claim a monthly social security benefit of a maximum of $4,194 | personal financing

(Selina Marangian) Here’s some bad news: The average Social Security retirement benefit recently was just $1,669, or about $20,000 a year. The fact that this is an average means that many people receive less – and sometimes Many Less than that. On the other hand, those with above average earnings history will collect more than … Read more

3 Class A Dividend ETFs | Smart Change: Personal Finance

The importance of dividends to total investor returns – especially when reinvested – cannot be overstated. From 1960 to 2021, Reinvest profits Representing 84% of the total return Standard & Poor’s 500according to the Hartford Trusts. In other words, dividends can be solid. If you’re looking to invest in dividend-paying stocks, look no further than … Read more

4 easy steps to lower your tax bill near retirement | Smart Change: Personal Finance

(Stephon Walters) I don’t think it is impossible to say that no one likes taxes. We love the benefits we get from taxes, but no one likes to see their hard-earned money withdraw every paycheck. Unfortunately, taxes are a necessary evil, and they are not going anywhere. As you approach retirement, it becomes important to … Read more