What Should Be Done While Digital Banking Trends Change?

In 1914, an economist named William Scott published Banking, a treatise about banking. Scott listed the four primary services provided by commercial banks in his book: Money and other assets are kept safe, payments are made, loans are taken out, and investments are made. While the basic duties of a bank haven’t changed much in…

source https://soutas.com/what-should-be-done-while-digital-banking-trends-change/?utm_source=rss&utm_medium=rss&utm_campaign=what-should-be-done-while-digital-banking-trends-change

Great Ways to Catch Up On Your Retirement Funds

If you’re coming closer to the retirement date you envisioned but haven’t been able to save anything toward it, you’re not alone. According to financial gurus, this is a pretty frequent circumstance. “I believe it’s almost taboo to talk about it,” says Cory Phillips, a financial advisor at Fort Pitt Capital Group in Pittsburgh who…

source https://soutas.com/great-ways-to-catch-up-on-your-retirement-funds/?utm_source=rss&utm_medium=rss&utm_campaign=great-ways-to-catch-up-on-your-retirement-funds

Annuities or Portfolio Withdrawals: Which Produces More Retirement Income?

When it comes to converting retirement savings into lifetime retirement income, many retirees and advisers follow the 4 percent rule: withdraw 4% of savings in the first year of retirement and increase it by inflation each year to maintain purchasing power (although, given today’s low yields and expected returns, some are reducing that initial draw…

source https://soutas.com/annuities-or-portfolio-withdrawals-which-produces-more-retirement-income/?utm_source=rss&utm_medium=rss&utm_campaign=annuities-or-portfolio-withdrawals-which-produces-more-retirement-income

Working Past the Age of 65 Can Affect Your Social Security and Medicare Benefits

“Retirement” is just altering where or how you work for a rising number of Americans. According to TD Ameritrade, more than half of Americans in their forties and fifties anticipate to continue working beyond retirement. This includes 86 percent of adults in their 50s, and a whopping 92 percent of those in their 40s anticipate…

source https://soutas.com/working-past-the-age-of-65-can-affect-your-social-security-and-medicare-benefits/?utm_source=rss&utm_medium=rss&utm_campaign=working-past-the-age-of-65-can-affect-your-social-security-and-medicare-benefits