Auto Dealers Resist Push for Electric Vehicles

The ambitious goal set by the Biden administration for electric vehicle (EV) adoption is facing significant challenges.  Auto Dealers Express Concerns More than 3,000 auto dealers in the U.S. have urged the White House to reconsider its aggressive EV targets. Their collective sentiment highlights a lack of consumer readiness and enthusiasm for battery electric vehicles […]

Living on a Budget: Affordable Places to Settle Down Across America

The cost of living in the United States varies widely, with certain states exhibiting significantly higher expenses than others. This variation impacts everything from housing to healthcare, influencing where people choose to live and work. Understanding the Cost of Living Index The cost of living index measures the relative price levels of goods and services […]

Employers Upset Over Recent Changes in 401(k) Rules

The latest Biden administration rule on 401(k) plans is reshaping how employers manage retirement plans. It’s a complex scenario requiring a fresh understanding of fiduciary duties and provider relationships. This rule aims to protect employees but also imposes new responsibilities on employers.  Revised Fiduciary Standards The U.S. Labor Department’s new rules expand fiduciary investment advice […]

Divorce in Your Fifties: The Impact on Mental and Financial Health

Long-term marriage vows were once seen as unbreakable, yet people over 50 are increasingly parting ways.  Older Americans Are Divorcing A 2022 study from The Journal of Gerontology reports that 36% of divorcing Americans are over 50. This surge in “gray divorce”  presents challenges and implications extending well beyond the couple.  Decades of Wealth Need […]