Advisors

Michael Bryand, 35, first got Covid in September 2020. “I never really got better,” he said in a sit-down interview with CNBC. “I had symptoms that stayed with me and that are still with me.” Bryand, who was working at Wells Fargo in San Antonio at the time, went on short-term disability and then long-term

Halfpoint Images | Moment | Getty Images Some 70% of people want to age at home, yet only 10% have long-term care insurance, a recent HCG Secure/Arctos Foundation study found. Furthermore, about half of respondents had no idea how much in-home care would cost. With the median annual cost of a home health aide nationally

Boonchai Wedmakawand | Moment | Getty Images The collapse of FTX, one of the world’s largest crypto exchanges, has rippled through the world of digital currencies. Once valued at $32 billion, FTX filed for bankruptcy protection and founder Sam Bankman-Fried resigned as its CEO after reports alleged that the company had loaned billions of dollars

Yongyuan | E+ | Getty Images Data suggests some retirement savers are seeking out safe havens within their 401(k) plans. But the move may hobble those investors in the long run; in fact, it may have done so just last month. Investors sold out of target-date funds and large-cap U.S. stock funds in October in

Westend61 | Westend61 | Getty Images The end of the year is one of the most important times for investors because there are so many decisions to make that impact their overall financial planning. This time around, the year’s end is marked with a lot of financial challenges, including inflation, market volatility, domestic political uncertainties

Damon_moss | Istock | Getty Images This has been a year of opportunity for investors who took to heart the old Wall Street adage that “the time to buy is when there’s blood in the streets.” Indeed, a market drop can prove to best the best time to take advantage of various financial planning opportunities.

Miniseries | E+ | Getty Images Anyone watching the markets this year knows that it’s been a bumpy ride. But investors and the corporate sector aren’t the only ones feeling the pinch as financial markets have fallen sharply. With an estimated 33% of all charitable giving taking place in November and December, non-profit organizations will

Jayk7 | Moment | Getty Images As we head into the fourth quarter, investors lack much to be excited about. Through Sept. 30, the S&P 500 Total Return Index declined by 23.87%, almost ensuring equity investors won’t enjoy anything close to the 31.4%, 18.4% and 28.7% returns the index delivered in 2019, 2020, and 2021,

Fizkes | Istock | Getty Images Reaching retirement with a nest egg that you trust will last is a stressful endeavor even in the best of times. These days, those nearing the end of their careers also have to contend with historic inflation, stubborn market volatility and the remnants of the coronavirus pandemic. We asked

C.j. Burton | The Image Bank | Getty Images What happens if a loved one dies without a will? Millions of us are bound to find out, as two-thirds of American adults have no will, according to a recent Caring.com study. If a person dies without a will, or intestate, the probate court decides who

Terry Vine | Getty Images There are few bright spots for investors in a down market. But tax-loss harvesting, which allows you to offset profits with losses, may offer a silver lining. Before attempting, however, you need to know your complete tax situation, experts say. Here’s why: There’s a lesser-known 0% long-term capital gains tax

Cavan Images | Cavan | Getty Images Inflation is causing American households to spend $445 more per month buying the same items they did a year ago, according to an estimate from Moody’s Analytics. Consumer prices jumped by 8.2% in September versus the same month in 2021, the U.S. Bureau of Labor Statistics said Thursday.

RyanJLane | E+ | Getty Images After a difficult year for the stock market, investors have poured money into Series I bonds, a nearly risk-free and inflation-protected asset that’s paying a record 9.62% annual interest rate through October. With the rate expected to drop to roughly 6.48% in November, there’s a brief window to secure

Anita_bonita | Istock | Getty Images More than 9 million individuals and families could be leaving money on the table by not filing a 2021 federal tax return, according to the IRS. Last week, the federal tax agency began sending letters to those people it had identified who could be missing out on payments through

Fg Trade | E+ | Getty Images Are you ready for a “second act” in retirement? Sadly, large numbers of Americans heading into their 60s are not — at least from a financial perspective. While the average amount of retirement savings for Americans between the ages of 55 and 64 was $408,000 in 2019, per

Morsa Images | E+ | Getty Images Despite a hotter-than-expected inflation report on Thursday, the annual interest rate for Series I bonds is expected to fall to roughly 6.48% in November, financial experts say.  While that’s down from the current 9.62% interest through Oct. 31 and lower than the 7.12% rate offered from November 2021

Geber86 | E+ | Getty Images As the U.S. economy attempts to find its footing as it emerges from the Covid-19 pandemic, two looming uncertainties have emerged: persistent high inflation and a possible recession. So it’s no surprise that financial advisors who landed on the CNBC FA 100 list for 2022 are hearing about those

Tetra Images | Tetra images | Getty Images A majority of U.S. households are taking the possibility of an economic recession seriously, new research suggests. Eighty-four percent of respondents in a recent survey said they are concerned about a recession happening before the end of the year, and 76% said they are making changes to

mphillips007 | iStock Unreleased | Getty Images There’s a whole lot of money up for grabs this week in two national lotteries. Powerball’s jackpot is an advertised $420 million for Wednesday night’s drawing. Mega Millions’ top prize is even more: $494 million for the next pull, set for Friday night. Of course, the chance of

Ridofranz | Istock | Getty Images Roth individual retirement account conversions may be alluring when the stock market dips. But it’s easy to make mistakes, financial experts say. The strategy, which transfers pre-tax IRA funds to a Roth IRA for future tax-free growth, may pay off when the market drops because you can buy more