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The Investment Gender Gap: Women Feel Ignored by Financial Advisors
In March, we observe Women’s History Month to recognize and celebrate the vital role that women have played in shaping American history. Indeed, women have made countless contributions to society, and yet, in one area, they still feel like outsiders: retirement planning. Although more women than eve...
Read MoreHow Our Government’s Spending Addiction Will Trigger A “Day Of Reckoning”
The United States is facing a growing crisis – a $100 trillion federal deficit and exploding debt totaling $17 trillion amongst everyday Americans. According to the most current data from The Federal Reserve Bank of New York and FINRA, mortgage debt has topped $12 trillion, credit card debt has surg...
Read More3 Reasons Why You Need to Plan for Long-Term Care Expenses
As difficult as it may be to accept, we are all likely to suffer from health issues during our retirement, and those issues could require skilled care at home or in a nursing facility. Do you know how you will cover the costs associated with receiving skilled care? Do...
Read MoreWill the 2024 Social Security COLA Be Enough?
With rampant inflation continuing to affect nearly every sector of the economy, those in and near retirement are concerned about whether their income will be enough to meet their expenses. Those who receive the majority of their income from Social Security are at the ...
Read MoreInflation: Americans Need an Extra $11,434 Annually to Maintain Their Standard of Living
A recent analysis by the Senate Joint Economic Committee (JEC) has revealed that Americans need an extra $11,434 in annual income on average to maintain the same standard of living they enjoyed in January 2021. This figure was determined based on data from the Consume...
Read MoreAre We Experiencing a “Silent Recession?”
Ever since the COVID-19 pandemic caused stocks to slump, economists around the world have been predicting a recession in the United States that could spread to affect the entire world. While the U.S. did technically meet the criteria for a recession in June 2022 after...
Read MoreRetirement Plan B: What to Do If You Get Forced into Early Retirement
According to the Employee Benefits Research Institute’s (EBRI) 2023 Retirement Confidence Survey, 46% of Americans were forced to retire earlier than they expected. The EBRI reports that this figure has been relatively consistent throughout the 33-year history of its Retirement Confidence Survey, an...
Read MoreCrash Proof Retirement’s Improved Consumer Protection Policies
Crash Proof Retirement has always been focused on protecting consumers since our inception. Back then, we accomplished that mission by warning consumers about the risks, fees, and unethical practices of the Wall Street securities industry and by educating them about s...
Read MoreFitch Downgrades U.S. Credit Rating: How Could it Affect Your Retirement Plans?
On August 2nd, 2023, credit ratings agency Fitch downgraded the United States from a AAA – their highest rating – to AA+. This move comes after months of talk that began back in January of t...
Read MoreGuaranteed Income vs. Stock Market Gains: Which is Better for Your Retirement?
You have probably heard the old adage, “A bird in hand is worth two in the bush.” This bit of folksy wisdom applies to a range of situations, including retirement planning. It means that, if you already have something in your possession, it’s better to hang on to it t...
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