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Important stories selected by our financial editors, from trusted news sources, to help make the most of your money Go By ELAINE SILVESTRINI, Kiplinger - 10/17/2022 Hearing aids are expensive, and insurance often doesn’t cover them. Being able to buy them in stores or online could now save consumers thousands of dollars. By Mark Miller, The New York Times News Service - 08/13/2022 Retirees are getting an 8.7% Social Security cost-of-living raise next year, its largest jump since 1981. Here’s how the latest COLA could affect your finances. By ROCKY MENGLE, Kiplinger - 10/03/2022 Congress is looking at two pieces of legislation with proposed changes for required minimum distributions, or RMDs. Here are six things to look out for. By Justin Lahart, The Wall Street Journal - 09/29/2022 Despite high inflation and growing fears of a recession, lower-income Americans may be bouncing back better from the pandemic than more affluent Americans. By Lawrence C. Strauss, Barron's - 09/17/2022 Texas Instruments, Keurig Dr Pepper and U.S. Bancorp are among the names that have announced they’re hiking their quarterly and annual payouts to investors. Consumers are worried over inflation and a recession, which means the nation’s retailers will be facing fierce competition for their holiday dollars this year. Some analysts believe they’re seeing signs that the big selloff in growth shares is finally slowing down, which has them keeping an eye out for future market leaders. There’s no set age for when you should retire, which can make it hard to get the timing right. A close look at these six factors could help you narrow it down. Wild swings for stocks and other assets are making the hunt for havens more intense. One area of note has been short-term government debt and its higher yields. As a senior, you may be looking to downsize or tap your home for equity. Here are some of your mortgage options along with some strategies to consider. You may be seeing reports of how strong the dollar is right now, but that may not always be a good thing. Here’s how it can impact both your portfolio and your wallet.
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