Money, Wealth & Power—A Daily Look at the Financial World
Building a durable retirement portfolio starts with a clear mix of growth, income, and risk control, and Fidelity’s lineup offers funds tailored to each of those jobs. I focus here on nine specific Fidelity funds that can anchor different parts of a long term plan, from broad stock exposure to inflation protection and cash management….
Retirement is no longer a cue to step away from technology, it is an opportunity to choose a handful of smart devices that make daily life safer, easier, and more fun. The right four gadgets can shrink medical risks, simplify chores, and keep you connected to family without burying you in cables and confusing apps….
Retirees who thought Medicare would be a predictable line item in their budgets are discovering that higher income can quietly trigger hundreds, or even thousands, of dollars in extra premiums. The income-based surcharges, known as IRMAA, are hitting people years after they earned the money, and the bills are arriving just as they shift to…
Retiring abroad is no longer a fringe fantasy reserved for the ultra-wealthy. With the right destination, a modest nest egg can stretch into a comfortable lifestyle, high quality healthcare, and the kind of daily ease that is increasingly out of reach in many home markets. I focus here on three countries where the cost of…
UnitedHealth’s decision to remove roughly 1 million seniors from its Medicare Advantage plans marks one of the most sweeping retrenchments in the program’s modern history, reshaping coverage for older Americans who had come to rely on the company’s scale and stability. The move crystallizes how rising medical costs, tighter government payments, and strategic business choices…
Retirement rules are shifting again, and the next big milestone arrives in 2026, when the last step of a decades-long Social Security overhaul finally lands on people born in 1960. That change will not only alter when millions can claim full benefits, it will also reshape how workers think about leaving the job market, tapping…
Retirees who once saw Florida as the default destination are increasingly running into a hard reality: coastal sunshine now comes with coastal prices. Housing costs, insurance premiums and crowded infrastructure have pushed many would-be Floridians to look inland, where smaller cities and historic towns offer lower bills without sacrificing quality of life. I see a…
For high earners approaching retirement, the key question is not whether Social Security will matter, but how much it can realistically add to an already sizable nest egg at age 65. Upper-income workers who spent decades near the taxable maximum can qualify for benefits that look very different from the national average, yet those checks…
When an ex-spouse dies, the emotional fallout often collides with practical questions about money, especially if retirement plans were already fragile. One of the most confusing issues I see is whether a divorced person can step into survivor benefits that were tied to a former partner’s Social Security record. The answer is that it is…
Dividend reinvesting turns a quiet stream of cash into a growing engine for long‑term wealth, which is exactly what most retirees and near‑retirees need. Instead of spending payouts as they arrive, I focus on how those dollars can buy more shares, increase future income, and help offset inflation over decades. Used thoughtfully, this simple habit…