Hi, it’s Dre Griggs with Obsidian Wisdom. Today, we’re diving into an important topic: how to protect your retirement savings from inflation. Inflation is a fancy way of saying that your money doesn’t stretch as far as it used to. Even if you don’t change your lifestyle, the cost of maintaining it will continue to […]
When it comes to investing for your retirement, what is the difference between a defined benefit plan versus a defined contribution plan?
What Is The Median Retirement Savings By Age? And How Much Is Enough?
Should I invest while I still have debt? Whether you should invest while still having debt depends on your personal situation.
What’s the best way to save for retirement? We discuss all the factors you need to know to be able to answer this question with confidence.
Have you ever wondered, where is the safest place to put my money in retirement? As you near retirement, the money you have invested in the stock market may not be safe enough.
Today, we discuss three things to know about Biden’s student loan forgiveness plan. If you have been watching the news, you heard President Joe Biden has forgiven $10,000 ($20,000 for Pell Grant recipients) of student loan debt for people who make below $125,000 per year. We will discuss the financial and tax impact, as well […]
Today, we answer the question, are we in a recession? By definition, if you look at the numbers, the answer is yes. To technically be in a recession, you need two quarters of negative GDP growth. Yet, whether we are in a recession is much more complex than a technicality. We dive into the data […]
Inflation is at 40 year high and the Fed just raised interest rates by three-quarters of a percent. The highest rate increase since 1994. Two questions many people are asking: (1) What is the impact of the fed rate hike and (2) how do we combat inflation?