Social Security Strategies for Widows and Widowers
Claiming survivor benefits after losing a spouse can pay off.

For older Americans, living off the interest and returns of your retirement account is how retirement is structured. The goal is that by the time you hit your late 60s you will ideally have enough saved up to coast indefinitely. … Continue reading → The post How Much Interest Does $2 Million Pay Monthly? appeared first on SmartAsset Blog.

The newly merged WarnerMedia-Discovery business will make its Wall Street debut on Monday after its $43 billion deal.

Chinese electric vehicle (EV) maker Nio said on Saturday it has suspended production after the country's measures to contain the recent surge of COVID-19 cases disrupted operations at its suppliers. "Since March, due to reasons to do with the epidemic, the company's supplier partners in several places including Jilin, Shanghai and Jiangsu suspended production one after the other and have yet to recover," the company said on its mobile app. "Due to the impact of this Nio has had to halt car production."

In times of volatility, it's never a bad idea to turn your attention to more stable dividend stocks.

Nicole Scherzinger just revealed her strong butt and legs in brand new Instagram photos. Squats, sit-ups, and plenty of dance sessions help her stay in shape.

Banks, billionaires, and investors are warning that the writing is on the wall for a recession to strike.

If you're looking for safe stocks amid higher market volatility, you've come to the right place.

After a certain age, you must begin to take minimum withdrawals from your tax-advantaged retirement accounts. The exact amount of this required minimum distribution or RMD is determined by a number of factors, including your age and the amount you … Continue reading → The post Is It Better to Take RMD Monthly or Annually appeared first on SmartAsset Blog.

Understand who ultra-high-net-worth individuals are and how they invest. Discover which six investment mistakes the ultra-wealthy avoid.

There are early signs of a cooldown in some of the hottest corners of the U.S. housing market, Redfin said in a report on Friday, a fresh indication that high house prices and rising mortgage rates are cutting into homebuyer demand. Among those early tells, according to Redfin: Google searches for "homes for sale" dropped by double digits in Baltimore, Boston, San Francisco and Los Angeles in the second week of March from a year earlier; tours of homes for sale in California were down 21% as of March 31 from the first week of 2022, data from ShowingTime shows; Redfin agents in San Francisco, Los Angeles, Washington DC, Boston and Seattle reported a drop in requests for homebuying help at the start of this year compared with last year, even as requests nationwide surged; and agents in California say they are seeing fewer offers on each home than previously.

Upstart Holdings (NASDAQ: UPST), whose stock price was up by more than 2,000% after its initial public offering (IPO), has seen its share price fall by 77% from its peak, as of this writing. Through Upstart's platform, a customer can apply for a loan and have it approved by the banking partners almost instantaneously. In return, Upstart receives a fee from the bank for every successful loan originated from its platform.

Deciding when to time your retirement plan withdrawals matters for determining how long your money will last and what you'll pay in taxes for those distributions. If you have a 401(k) at work, you might follow the Rule of 55 … Continue reading → The post Rule of 55 vs. 72(t): Retirement Plan Withdrawals appeared first on SmartAsset Blog.

Micron Technology (NASDAQ: MU) continues to post strong operating results. In the fiscal second quarter, revenue and earnings per share came in above management's guidance. In the company's recent March earnings report, CEO Sanjay Mehrotra promised that Micron had big things ahead, saying that "our product portfolio momentum is accelerating."

Sanctions have cut Russia off from the global financial system and from nearly half of its gold and foreign exchange reserves, which stood at $606.5 billion in early April. On Friday, Finance Minister Anton Siluanov told a ministerial meeting with BRICS, which consists of Brazil, Russia, India, China and South Africa, that the global economic situation had worsened substantially due to the sanctions, the ministry's statement said.

A big decline in the technology-driven Nasdaq is the ideal time to invest in these innovative companies.

Semiconductor stocks like Nvidia have soared over the last few quarters, driven higher by robust demand for chips amid a global supply shortage. “On Wednesday afternoon we learned of a sudden negative shift in demand signals from a wide swath of computer, consumer, and communications OEMs [original equipment manufacturer] to at least some of their semi suppliers,” he wrote in a research note. While a single-quarter adjustment or a temporary headwind was possible, he was concerned that “a combination of just enough demand destruction and just enough additional supply is leading to a traditional cyclical downturn.”

The earnings season kickoff might be what the S&P 500 needs to shake its malaise. But a profit gusher is coming from a handful of companies.

Investors have been thrilled with Home Depot's (NYSE: HD) stock performance over five, 10, and 20-plus years. Here are two reasons Home Depot is dragging your portfolio down. While the pandemic slowed many stocks, Home Depot was not one of them.

What's the stock market going to do next? Here's why they picked AbbVie (NYSE: ABBV), AstraZeneca (NASDAQ: AZN), and Pfizer (NYSE: PFE). Prosper Junior Bakiny (AbbVie): Shares of pharma giant AbbVie have risen by nearly 30% since the beginning of the year, while the S&P 500 has dropped by 6%.

It’s the nature of investing to look for the ‘next new thing,’ the company or technology or product that will bring the next sea-change to its industry – and with it, windfall profits. A look at history will show that these developments are often unpredictable, but they can be recognized early. The advent of digital tech in the late 90s provides a good example of the possible gains and risks. The survivors of the dot.com bubble have prospered mightily. Now, artificial intelligence – AI, or machi