As with any profession, it helps if you love what you do. But in the field of volcanology, you have to love the risk, too.
All Money Stories
Younger investors are turning to annuities at even higher rates. Here’s why.
The U.S. is facing the greatest retirement surge in its history. The population of older Americans is growing rapidly and living longer. America is quickly approaching a moment in time where there will be more people reaching traditional retirement age—age 65—than ever before.
With all of the surprises and uncertainty in our world today, there aren’t many things in your financial life you can always count on. However, there is one that can—annuities.
Two time International Hot Rod Association world champion Elaine Larsen joined the Growing Bolder team to talk about the thrills of being a jet car racer and also what she did to take the financial fear out of retirement.
Older Gen Xers and younger Boomers in particular have been forced to reconsider or restructure their retirement plans in the pandemic’s wake to account for unexpected obstacles.
Larsen has made a career out of going as fast as possible for five seconds down a straight and narrow quarter-mile track. So, to say she lives life at full-throttle is an understatement if there ever was one.
Your RISE Score, also known as Retirement Income Security Evaluation Score, can tell you whether you’re on track with your retirement income, and how well it will cover basic living expenses.
The risks that Opie and his crew face aren’t always physical. They’re financial, too. “Our biggest risk is when the tour shuts down,” he says. The Covid pandemic was the great equalizer for bands of all size and stature when it hit.
Job security became an increasing uncertainty during the coronavirus pandemic. Some were sent to work from home while others were furloughed, laid off, or lost their jobs completely. One of those forced to re-invent himself was Marc Walker when his job as a cruise director ended abruptly.
The huge windfall was tempting. One hundred $100 bills and three singles were flying in the air, waiting to be claimed. That’s $10,003 of tax-free easy money.
We all make sacrifices for our family. Some are more meaningful than others. Alondra Carmona had it all figured out, at least she thought she did.