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A Recession Could Crush Your Finances. Keep Your Money Safe in These Accounts

cnet.com See Full Bio 2025-07-24 21:45:00

Watch this: These Are the Safest Places to Keep Your Money Right Now 03:56 Putting your cash in the right places can help you maximize your returns and preserve your savings. zenstock/Getty Images/CNET It's been a brutal year for anyone following the economic headlines. Tariffs are on, then off, then on again. Prices are high either way. Layoffs are picking up. Oh, and a recession may still be around the corner. The macroeconomic situation is out of your control, but there are steps you can t

Topics: account accounts money retirement savings
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The Future of Social Security Looks Grim. 6 Tips to Help You Save for Retirement Now

cnet.com See Full Bio 2025-07-27 17:00:00

Getty Images/Zooey Liao/CNET Social Security payments can help you fund part of your retirement -- but don't bank on it as your only source of income. The Social Security trust fund is expected to dry up by 2034, according to the Social Security Administration. That's one year sooner than initially forecast. While the fund won't vanish completely, it's estimated that you'll only receive 81% of your benefits, at best. Why? The fund has been running out of money for years, but President Donald

Topics: money plan retirement security social
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Apple COO Jeff Williams to step down later this month

techcrunch.com Lauren Forristal 2025-08-07 21:00:44

Jeff Williams, Apple’s chief operating officer, is stepping down from his role later this month, as announced by the company on Tuesday. Sabih Khan, who currently serves as the senior vice president of operations, has been appointed as the new COO. Williams has decided to step down in order to retire and hopes to “spend more time with friends and family, including five grandchildren and counting,” he stated in the press release. Before his retirement later this year, Williams will continue to

Topics: apple design retirement team williams
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Social Security Is Set to Dry Up Even Sooner. That's Why I'm Not Relying on It for Retirement

cnet.com See Full Bio 2025-09-04 05:30:06

Getty Images/Zooey Liao/CNET If you're banking on Social Security to fund your retirement, you may want to think twice. A new forecast from the Social Security Administration shows that Social Security trust funds will be depleted by 2034, a year sooner than initially forecast. At this time, you'll only be able to receive 81% of your benefits, reducing the amount you'll get paid. As a personal finance expert who saved enough to retire comfortably at 40, I've worked with dozens of clients to h

Topics: money plan retirement security social
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