Personal finance

Annuity sales hit a record last year, surpassing sales during the 2008 financial crisis amid concerns and higher rates

Annuity sales hit a record last year, surpassing sales during the 2008 financial crisis amid concerns and higher rates

Tim Pepper | optical disc | Getty Images Amid stock market volatility, recession fears and higher payments, consumers poured a record amount of money last year into annuities, a type of insurance that provides a guaranteed income stream. Buyers moved $310.6 billion into annuities in 2022, according to estimates published by Limra, an insurance industry …

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From changes in the new tax system to capital gains and more, how the 2023 budget will affect personal finance - Forbes India Blogs

From changes in the new tax system to capital gains and more, how the 2023 budget will affect personal finance – Forbes India Blogs

Image: shutterstock Finance Minister Nirmala Sitharaman has unveiled the ‘First Budget for Amrit Kal’ to instill fresh optimism, sustain reforms and ease of doing business, and lay the foundations for India’s development in the next 25 years into an economic superpower. The budget includes significant capital investments in the agricultural and infrastructure sectors, as well …

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I asked ChatGPT for financial advice;  Here's how it went  White coat investor

I asked ChatGPT for financial advice; Here’s how it went White coat investor

By Josh Katsowitz, Director of Content at WCI If you want to be fascinated by technology and/or feel super intimidated by it, ChatGPT, an AI bot that has become wildly popular (at least among tech writers and journalists), is here to serve you. As stated by the research firm OpenAI, the purpose of the generative …

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Who gives the best retirement advice? Suze Orman and Dave Ramsey or economists?

By Robert Powell Famous finance writers and economists vary in their advice on saving, debt, investing, and asset allocation. Who is right? Millions of people get their money advice from non-economists, personal finance authors like Robert Kiyosaki, author of the bestselling Rich Dad Poor Dad, which has sold 32 million copies since 1997, Dave Ramsey, …

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My adult daughter and her boyfriend are walking away from my pension

My adult daughter and her boyfriend are walking away from my pension

This column is part of Counseling weekSlate celebrate all tips. Sometimes, all you need is a different perspective. So this week, our columnists exchanged areas of expertise. In this edition, care and nutrition columnist Doyin Richards addresses your personal financial questions. dear push dirt, My daughter has been dating the same guy for three years …

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2023 budget forecast: Financial experts demand new roadmap for long-term capital gains taxes

Taxpayers are keen to know what changes the country’s Finance Minister Mrs. Nirmala Sitharaman will make in long-term capital gains taxes in the upcoming budget to be unveiled on February 1 this year. In 2018, the Ministry of Finance reintroduced taxes on long-term capital gains. Currently, long-term capital gains (LTCG) are taxed at a rate …

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Analysis |  Stock market return 35,000% in Europe?  Here's how

Analysis | Are you ready to take care of your parents who were born in infancy?

Comment on this story Suspension It’s time to emphasize Boomer in Boomerang. Millennials and the younger gen are about to be interested in the aging parents who could soon bounce back into their homes. This year, the oldest generation of baby boomers will be 77 years old, and those born in 1964 (the end of …

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Survey: Almost a third experienced financial infidelity

Survey: Almost a third experienced financial infidelity

An early January survey by US News found that 31.9% of respondents had experienced financial infidelity. This represents an increase of two percentage points compared to last year Jan survey About financial betrayal. Financial infidelity occurs when a partner hides or lies about a money-related decision. This could include, for example, one of the partners …

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My family is stealing my disabled father's inheritance.  Should I participate?

My family is stealing my disabled father’s inheritance. Should I participate?

Insider experts pick the best products and services to help you make smart decisions with your money (here’s how). In some cases, we receive commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. For Love & Money is a bi-monthly column from Insider that answers relationship …

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