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What’s Your Investment Return? Setting Expectations for Your Stock and Bond Portfolio

Do you remember the course you took back in high school, or maybe your freshman year of college, that taught you about how to manage your personal finances and invest your money? If you’re thinking something along the lines of, No, I never took a class like that — that kind of class doesn’t exist! then rest […]

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Retirees Need More Savings for Out-of-Pocket Healthcare Costs

November 01, 2018 – Retired Medicare beneficiaries need to see their savings accounts swell by 9 percent if they want to cover their out-of-pocket healthcare costs, according to new data from the Employee Benefit Research Institute (EBRI). Those out-of-pocket healthcare costs include premiums, deductibles, and the financial responsibility patients bear when purchasing some prescription medications. Premiums include those incurred […]

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New budget report predicts state savings accounts will be empty by 2021

ANCHORAGE (KTUU) — In a warning to legislators, the nonpartisan Legislative Finance Division says the state’s budget battles don’t appear to be over. In a 10-page report, David Teal, Director of Legislative Finance, says the same level of state services this year will cost $200 million more next year. And that doesn’t count Permanent Fund Dividends. […]

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How Peer Pressure Could Help Boost Savings

In the depths of the Great Recession, Majd Maksad, a data analyst was examining reams of data on Americans’ finances as an analyst for Citi, when he made a surprising observation. Even as many economists, pundits and individuals credited the financial crisis and its aftermath for ushering in a new era of greater frugality and leading […]