Want to be bolder in 2023? Start by clarifying your purpose. Before you take any action, spend some time reflecting on your values and what is most important to you. Visualize where you want to be in 12 months and the kind of life you want to live. Once these goals are clearer, work to create an action plan and write it down.
Parenthood can be both wonderfully rewarding and frighteningly challenging. Children give gifts only a parent can understand—from sticky-finger hugs to heartfelt pleas to tag along on Saturday morning errands. You raise them with a clear goal that you secretly dread will actually take place—that someday they will be grown, independent, and ready to move out on their own, and your work will be over.
There are three potential drawbacks to saving in your child’s name: the kiddie tax, federal financial aid rules, and control issues.
If you’re a decade or so away from retirement, you’ve probably spent at least some time thinking about this major life change.
In the coming months the world will have to grapple with unpredictability around the conflict’s impact on geopolitics and security; the struggle to control inflation; chaos in energy markets; and China’s uncertain post-pandemic path.
One of my most self-aware friends said of a habit he’d like to change recently: “First, I have to get sick of myself; then I have to get sick of getting sick of myself; then I have to complain about it for a while; then I’ll actually change.”
We are told the winter holidays are supposed to be a magical time of deep connection with loved ones, good meals, warm fires and gift-giving. And yet, for many of us, the winter holidays don’t live up to our expectations, because we don’t know how to strike the right balance between rest and productivity.
It’s time to make year-end tax moves. With inflation way up and markets way down for 2022, there’s plenty to track.
Many Americans will see their tax burden drop next year because of inflation adjustments made by the Internal Revenue Service. Some will benefit more than others.
Social Security was originally intended to provide older Americans with continuing income after retirement. Today, though the scope of Social Security has been widened to include survivor, disability, and other benefits, retirement benefits are still the cornerstone of the program.