Author: Money Mechanics

Key Takeaways Financial planners say retirees are more likely to outlive their savings due to poor planning and spending habits.Experts recommend keeping five years of income needs in safer assets and tracking expenses closely to avoid premature portfolio depletion. Many Americans are worried that they will live longer than their savings. “Running out of money is a real risk, and for most retirees, it doesn’t happen because of bad investments,” said Melissa Caro, certified financial planner (CFP) and founder of My Retirement Network. “It happens because of bad timing, inflexible spending, or poor planning around income streams.” Whether you’re already…

Over the past several decades, a quiet shift has emerged that has reshaped the marital landscape — gray divorce — the ending of long-term marriages among adults aged 50 and older.Particularly noticeable among baby boomers, the phenomenon of later-life divorce may be due in part to greater cultural acceptance of divorce, longer life expectancy and greater emphasis on personal fulfillment later in life.Yet, gray divorce brings unique challenges that younger couples rarely encounter, and can disrupt emotional, financial, and personal goals built over years of closely connected lives. Dividing assets, including homes, personal property, and retirement accounts, can disrupt years…

Key Takeaways You’ll receive 132% of your monthly benefit amount if you wait until age 70 to begin collecting Social Security. That may be particularly important for women, as they typically live longer than men.If you start taking benefits at age 70 versus age 67, your monthly income will be larger, but your total payout through age 81 will be less.You may be able to withdraw your claim for benefits within the first 12 months after you begin collecting if you change your mind and decide to wait. Women generally have a longer life expectancy than men. According to the…

Stock futures slipped Tuesday, a day after the S&P 500 and Dow Jones Industrial Average set fresh records, as investors awaited a consumer inflation reading and bank earnings season kicked off.  Nasdaq 100, S&P 500, and Dow Jones Industrial Average futures pointed 0.2%, 0.1%, and 0.1% lower, respectively. Yesterday, investors shook off news of a Justice Department probe into Federal Reserve Chair Jerome Powell, with the S&P 500 and Dow hitting fresh intraday and closing highs, and the tech-heavy Nasdaq also ending in the green. A report on inflation at 8:30 a.m. ET Tuesday from the Bureau of Labor Statistics is likely…

For full year 2026, expect revenue of approximately $870 million to $880 million, or approximately 17% to 18% year-over-year growth, and anticipate adjusted EBITDA margin of approximately 11.5% to 12.5%. “2025 has been a transformative year for iRhythm (IRTC), with strong execution against our aspiration to drive best-in-class quality systems, record commercial volumes, over 25% year-over-year revenue growth, and achieving free cash flow positivity for the first time in company history,” said Quentin Blackford, iRhythm’s President and CEO. “Our comprehensive clinical evidence program – including AVALON and CAMELOT publications – continues to reinforce Zio LTCM’s clinical superiority in support of…

markets are starting to price chaos rather than crude. The surge in demand for protection against a sudden jump in prices reflects a shift in psychology that goes far beyond routine volatility.  Traders are seemingly preparing for shock conditions, not incremental change, and the focus of that anxiety sits squarely on Iran. The scale of hedging now taking place tells a clear story. Markets treat Iran less as a regional complication and more as a potential systemic event. Activity of this intensity tends to appear before wars, sweeping sanctions, or regime-level disruption. It rarely appears in response to domestic protests…

Jerome Powell, chairman of the U.S. Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, on Wednesday, Dec. 10, 2025. Bloomberg | Bloomberg | Getty ImagesGlobal central bankers issued a statement Tuesday defending U.S. Federal Reserve Chair Jerome Powell following the launch of a criminal investigation into the central bank chief. “We stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell,” central bank chiefs including European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey, said in a joint statement. “The independence of…

Adrian Kingsley-Hughes/ZDNET Follow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysBe wary of scam gadgets with spurious claims.This electromagnetic device did not remove snow.Focus on de-icers, scrapers, and windshield covers.Sometimes I’m rather impressed by the ingenuity of those in the business of making scammy gadgets. Over the years, I’ve examined a wide range of products, from scam devices that claim to save you money on your power bill to a high-power USB charger filled with an unusual goo-like substance.Also: Want to cut your electric bill? Skip these scam ‘power-saving’ devices – and buy this instead The most recent scammy gadget that…

(BOE Report) – If record-high U.S. stock prices accurately reflect investors’ assessment of the first year of Trump 2.0, then it’s a glowing scorecard for the most interventionist government in decades. It’s yet another example of the topsy-turvy economic world where the global norms and orthodoxies of the last 40 years are being questioned and sometimes discarded by the U.S. president – who is rapidly becoming the market activist-in-chief. Under Donald Trump’s direction, the U.S. government has taken direct equity stakes in companies, called for the firing of CEOs, attempted to dictate CEO compensation, ensured the government cuts from Big…

KEY TAKEAWAYS A degree in business administration qualifies you for at least six of the top 10 occupations with the most projected job openings in the coming years.Several high-demand roles, including general and operations managers and software developers, often require five or more years of experience on top of a degree, so building up your work history early matters. The Bureau of Labor Statistics (BLS) has released the top 10 jobs projected to have the most openings through 2034. General and operations managers lead the list, with about 308,700 positions expected annually through 2034. The degree that’s expected to open…