Bidenomics has taken a big bite out of your retirement

Bidenomics has taken a big bite out of your retirement

Article Excerpt: "...New research explains why: The modern-day Scrooge of Bidenomics has reduced the real value of the average 401(k) by a quarter in the last two and a half years. The study, published with the Committee to Unleash Prosperity, examined individual retirement accounts (IRAs) and pension plans and found shocking losses under the Biden administration, enough to delay many Americans’ retirement plans for years. How this happened is a painful lesson in government overspending and overregulating, the hallmarks of Bidenomics...."

Resource: nypost.com

Bidenomics,Inflation 2023,Biden Legacy,Government Overspending (The Biden Years),

Biden Ends His Economy Killing COVID Vaccine Mandate for Federal Workers and Contractors

It's Official: No More COVID Vaccine Mandate for Federal Workers and Contractors

Article Excerpt: "...Federal employees and contractors likely will not notice much difference when the mandates end, because enforcement had already been suspended due to legal challenges. The military’s vaccine mandate had already been repealed, as part of the fiscal 2023 National Defense Authorization Act signed in late December. ..."

Resource: www.govexec.com

Higher living costs force Americans to cut back on retirement savings, survey says

Higher living costs force Americans to cut back on retirement savings, survey says

Article Excerpt: "...our paychecks are going to pay the bills as we juggle higher rent or housing costs, larger monthly payments on cars, and ongoing high prices on food, clothing and airfares. ..."

Resource: www.msn.com

How Do I Calculate The Value Of A Pension?

How Do I Calculate The Value Of A Pension?

Article Excerpt: "If you’ve got a pension, count yourself as one of the lucky ones. A pension is more valuable than you realize. With a pension, you... If you have a pension, your goal is to live as long and healthy a life as possible! The longer you live, the greater the value of your pension. This means eating better, exercising, and having a good social network of friends. ...Pensions Have Become Much More Valuable Given interest rates collapsed in 2020, it took more capital to generate the same amount of risk-adjusted returns/income. Therefore, the value of a pension went WAY UP because the value of cash flow has gone way up."

Resource: www.financialsamurai.com

Biden Admin Impact on Retirement,Biden Legacy,Inflation 2023,

Jan. 2023 CPI Reports: Year-over-year CPI rose 6.4%; Core CPI increased 0.4% monthly and 5.6% from a year ago

Article Excerpt: "Let's get you up to speed on inflation. It picked up in the first month of the year. January's consumer price index showed a 0.5% increase in prices over the past month. Rising shelter and energy costs a big reason why. Year-over-year CPI rose 6.4%. Economists had expected prices to climb 6.2% over the year. Core CPI, which strips out the more volatile food and energy prices, increased 0.4% monthly and 5.6% from a year ago. Forecast called for a 5.5% annual increase."

Resource: yahoo.com

Inflation 2023, CPI Jan. 2023,


The Facts From BLS.GOV: CPI for all items rises 0.5% in January 2023 as shelter increases