Millions of Retirees Could See Social Security Reduced by 22% – Here’s Why
In less than a decade, your Social Security benefit could plunge by 22%. That alarming truth is the result of the shaky financial ground that the program currently rests upon.
Find out more about why you might lose nearly one-quarter of your benefit and how likely it is that such an event could undermine your retirement plan. » Read more about: Millions of Retirees Could See Social Security Reduced by 22% – Here’s Why »
Read MoreAlphabet vs. Apple: Which Warren Buffett Favorite Is the Better Buy Right Now?
Although Warren Buffett no longer heads Berkshire Hathaway, its stock trades and positions continue to attract plenty of attention. At one time, nearly half of the conglomerate’s massive stock portfolio consisted of its stake in Apple (NASDAQ: AAPL), and though it has sold a large number of shares, the iPhone maker remains its largest equity position.
» Read more about: Alphabet vs. Apple: Which Warren Buffett Favorite Is the Better Buy Right Now? »
Read MoreBuffett favors an estate tax, but like virtually all billionaires, he won’t be paying it
BECKY QUICK: You said earlier that this is not a tax reform bill. It’s a tax cut.WARREN BUFFETT: A tax cut.BECKY QUICK: What do you think about it?WARREN BUFFETT: Well, I — I don’t think I need a tax cut.But — for example, the current proposal eliminates the estate tax. And it’s not a death tax.
Read MoreHow Washington saved Social Security in 1983
If you’re on Social Security, it’s easy to feel like the program has never been in worse shape than it is today. Average benefits might be at record highs, but checks are losing buying power every year, and we’re only six ways away from a potential 22% benefit cut.This isn’t the first time Social Security has been in a tight spot,
» Read more about: How Washington saved Social Security in 1983 »
Read MoreThe Burst
Will This Silicon Valley Darling Topple The Market?
Silicon Valley darling, Salesforce, saw its stock fall 16% following last night’s fiscal Q1 2025 earnings report. Growth moderated to an 11% year-over-year increase, which was the lower end of the guidance and that was enough to spook investors.
Yet the woes continued when full-year revenue guidance of $37.7 billion to $38 billion was reported because it reflected a growth projection of just 8% to 9%.
» Read more about: Will This Silicon Valley Darling Topple The Market? »
Read MoreThe Ivy
Beware: 1 Major Hit To Your Portfolio If You Sell Now?
Have you ever wondered how much short-term versus long-term taxes actually affect your net worth and portfolio over time?
Let’s imagine a $100,000 portfolio goes up 20% annually and is taxed at the end of the year at 33% due to short-term capital gains. What would the portfolio grow to after 10 years?
» Read more about: Beware: 1 Major Hit To Your Portfolio If You Sell Now? »
Read MoreThe Spotlight
Is This the Safest Stock to Buy Today?
According to one study, when markets fell by 21%, retail portfolios were down by 32%. It’s been a devastating year for ordinary investors, which means “safe stocks” are back in vogue.
This desire for safer stocks is especially apparent among those who have seen firsthand that the “next big thing” can decline in price as quickly as it rises –