Financial Power Blog

How Much Money Do You Really Plan to Spend in Retirement?

How Much Money Do You Really Plan to Spend in Retirement?

What kind of retirement savings will you need to have? Many individuals these days are asking this question. Given the complexity of the question, finding the solution is not always simple. In this post, we'll go over the most important things to think about when estimating how much money you'll need for retirement. Read on, please!   1. Inflation: One of the most crucial elements to take into account when estimating your retirement needs is inflation. Since living expenses tend to rise with time, you will require more money to maintain your present quality of life. As a result, it's crucial...

Read more →


Retirement Mistakes to Avoid

Retirement Mistakes to Avoid

Only 36% of adults think that they are on track to retire. Planning for retirement might boost your confidence for the future. Once your plan is in place, you will be certain that your family and you will be taken care of. Here are some retirement mistakes that people don't take into account when planning for retirement.    Not Taking Longevity into Account   People frequently misjudge how long they will live. Over 78 years is the average life expectancy in the US, with over 80 years for women. Of fact, a lot of Americans fall within those averages and, because to...

Read more →


Stock market falls 1,000 points on Friday as a result of statements made by Fed Chair Powell

Stock market falls 1,000 points on Friday as a result of statements made by Fed Chair Powell

Inflation control is the responsibility of the Federal Reserve. Raising or lowering interest rates is one of its tools. As a result, the pace of the economy's growth may change. The Federal Reserve increased rates by 0.75% during its most recent meeting in July. It's a significant one-time boost.   Fed Chair Powell pledged to make at least one more significant rise. He declared that unless he sees a route to 2% inflation, he will continue to raise rates.We then received the July inflation data in August. Over the previous year, inflation rose by 8.5%. This fell short of the 8.7%...

Read more →


Introducing Sheneka Adams in Coordination with Women Financial Power

Introducing Sheneka Adams in Coordination with Women Financial Power

Sheneka is spreading the important message that choosing a safe retirement plan as an entrepreneur is an easy decision. It's secure and protects you against market downturns.

Read more →