The U.S. economy faced mixed results in recent weeks, with the trade deficit widening and hiring accelerating. Check out the latest Economic Release Snapshot from Commonwealth director, Sam Millette for more data: https://t.co/qKCAdBKAxv #economicdata
Investing early is the key to unlocking a secure retirement future. One survey reveals that 42% of Americans credit early contributions as the top reason for building wealth. Learn why starting now can have a big impact: https://t.co/vhPLSrYQkM #savingforretirement
In his new blog post, Commonwealth Senior Vice President, Investment Management and Research, Peter Essele, discusses the differences between the economic outlook at the start of 2023 and at the midyear point. Don’t miss it: https://t.co/mp2TwFQ7by
New home buyers are having a tough time finding inventory lately. One reason is that homeowners who locked in low mortgage rates are unwilling to sell and give up their current rates. Read more about the state of the housing market: https://t.co/GdkoLX7zpj
The current maximum monthly Social Security payment anyone can receive is $4,555. Read on for ways you can try to secure the biggest retirement benefits: https://t.co/bdEDFDjdcM
Don’t assume the texts you get are trustworthy—especially if they’re from a number you don’t recognize and alert you to an “urgent” matter. Text scams, specifically ones that warn of fake bank fraud, are on the rise. https://t.co/ZsM3cEFoWF #InfoSec#Scams
If you’re a renter, you’ll be happy about the results of a new https://t.co/Ilf71fBGOb report. It showed the U.S. median rent fell in May—the first annual rent decline in the last three years. Find out more about the rental market: https://t.co/JkDBQ6tFWq #rent#inflation
When you look forward to retirement, you’re likely thinking about how much money you’ll have and if it will be enough to sustain your current lifestyle. But the choice to retire doesn’t always revolve around assets. Here’s why: https://t.co/bXUXnREzhg #retirement#career
Cutting costs and downsizing your lifestyle in order to get out of debt is a difficult thing to do for many reasons. But when others criticize your smaller home or older car, that makes it even harder. Here’s how to deal: https://t.co/zPXhDhBtFZ #personalfinance#debt
According to the Federal Register, there were about 90,000 local and state government entities throughout the country in 2022. This number is comprised of towns, counties, cities, special districts, and independent school districts. https://t.co/sqeML92TPY
According to a 2022 Allied Market Research report, the size of the global forensic accounting market is forecast to increase in value to $11.68 billion in 2031, up from its 2021 estimated value of $5.13 billion. https://t.co/DfQP2bDwgG
The end of the federal emergency declaration for Covid-19 came on May 11. As a result, there are various public health policy changes. For example, vaccines and treatments will remain available, but at-home tests may no longer be covered by insurance...https://t.co/T19yiOXjwx
How to Look at Liquidity through an Accounting Lens - Liquidity refers to a business’s ability to convert its short-term assets or securities into cash quickly to meet its short-term financial obligations or pay bills due within the next 12 months. https://t.co/q2osqW3JYT
Defining and Understanding Reproduction Costs - When it comes to businesses looking to mitigate risk, one concept that’s important to explore is reproduction costs.
https://t.co/RSj2Z5uTI6
Financial Tasks to Tackle in the Month of May.
Now that spring is here, it might be a great time to give your finances a fresh look. Here are a few key items to put on your May to-do list.
https://t.co/KNEq8f7U7b
It’s never too late to become an entrepreneur. Starting a solo business post-retirement is a strategic way to delay collecting Social Security (to boost those benefits) and to continue earning income. Learn about others taking this path: https://t.co/bO55LHGGWI #retirement