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Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

KEY POINTS Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures price index, which measures a variety of goods and… Read More »Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

Share of six-figure earners living paycheck to paycheck jumps, report finds. Advisor offers ways to break the cycle

KEY POINTS Even as inflation cools, consumers still show signs of strain. As of April, the share of adults feeling stretched too thin held nearly steady at 61%, according to a new LendingClub report. However, high-income earners are increasingly under pressure, LendingClub found. Of those earning more than… Read More »Share of six-figure earners living paycheck to paycheck jumps, report finds. Advisor offers ways to break the cycle

Women need financial freedom to ‘live on their terms,’ advisor says. These 3 strategies can help

KEY POINTS When it comes to managing money, women face unique challenges. Women tend to live longer than men, which means they need their money to last for a longer period of time, according to Kamila Elliott, a certified financial planner and co-founder and CEO of Collective Wealth Partners in… Read More »Women need financial freedom to ‘live on their terms,’ advisor says. These 3 strategies can help

How to Retire in 5 Years

Preparing for retirement is something most adults will do their entire working lives, but ensuring a successful post-retirement life has many different phases. The last five years before you retire are particularly important, as you’ll start putting your lifelong plans into motion. Why the Last… Read More »How to Retire in 5 Years