by mistyriver | May 9, 2023 | Financial Articles
New retirees sometimes worry that they are spending too much, too soon. Should they scale back? Are they at risk of outliving their money? This concern may be legitimate. Some households “live it up” and spend more than they anticipate as retirement starts...
by mistyriver | May 2, 2023 | Financial Articles
Thanks to healthier lifestyles and advances in modern medicine, the worldwide population over age 65 is growing. In the past decade, the population of Americans aged 65 and older has grown 38% and is expected to reach 94.7 million in 2060. As our nation ages, many...
by mistyriver | Apr 25, 2023 | Financial Articles
Traditional Individual Retirement Accounts (IRA), which were created in 1974, are owned by roughly 36.6 million U.S. households. And Roth IRAs, created as part of the Taxpayer Relief Act in 1997, are owned by nearly 27.3 million households.1 Both are IRAs. And yet,...
by mistyriver | Apr 18, 2023 | Financial Articles
Chris Rock once remarked, “You don’t pay taxes – they take taxes.” That applies not only to income but also to capital gains. Capital gains result when an individual sells an investment for an amount greater than their purchase price. Capital gains are categorized as...
by mistyriver | Apr 11, 2023 | Financial Articles
It’s natural to wonder exactly how a bank safeguards your money. Fortunately, the Federal Deposit Insurance Corporation (FDIC) insurance exists for this very reason: to help protect your funds once deposited. Read on to explore the purpose of FDIC insurance, how...
by mistyriver | Apr 4, 2023 | Financial Articles
Click here to learn more Riveredge Financial Services, Inc. 3101 Towercreek Parkway SE, Ste. 550 | Atlanta, Georgia 30339 | 678-742-5600 Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC....