What Is Conscious Capitalism – Definition, Social Responsibility in Business

capitalismThe idea that a growing economy benefits all classes has a long history of acceptance. It has been embedded in political rhetoric for the past half-century, regardless of party – in fact, John F. Kennedy is credited with the saying, “A rising tide lifts all boats.”

The theory – popularized as “trickle-down economics” – presumes that economic policies that help the wealthy eventually benefit everyone. It’s led to federal legislation reducing taxes on the wealthy and easing corporate regulation, as well as Supreme Court decisions increasing the legal rights of corporations, bringing them in near-parity with natural beings.

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6 Responsibilities & Duties of a Modern Chief Financial Officer (CFO)

cfoOver the past couple of decades, the role of the modern CFO has been, and continues to be, redefined. The advent of new technology allowing for enhanced data collection and analysis tools – as well as operating management’s demands for reliable real-time information – has extended the CFO’s responsibility to all aspects of the company. 

International commerce and expanded regulatory oversight in culturally diverse customer and employee bases complicates decisions and increases risk. As a result, the CFO’s authority and responsibilities over traditional finance, accounting, and treasury functions has intensified and expanded to satisfy an exhaustive list of internal, external, and regulatory stakeholders, many of whom have conflicting interests.

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How to Maximize Social Security Benefits – Withdrawal Options & Benefits

social security benefitsIn 2004, Social Security benefits were projected to account for 40% of a baby boomer’s post-retirement family income, and almost all baby boomer retirees were expected to receive benefits, according to a Social Security Administration study. But Dean Baker, co-director of the Center for Economic and Policy Research, thinks those projections were conservative. Today, according to Baker, Social Security payments account for 90% of income for one-third of all seniors and more than 50% for two-thirds of them. For unmarried seniors, the dependence upon Social Security is even greater, accounting for almost three-quarters of their income.

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What Is a Reverse Mortgage (HECM) – How It Works, Pro & Cons

hecm coupleMany seniors struggle to make ends meet each month. At the same time, they often own thousands of dollars of real estate in the form of equity in their home. But unless they take action, that equity remains untouchable, unable to help them out with basic living expense. What’s worse is that mortgage payments further reduce their available cash each month to pay crucial expenses.

Henry J. Kaiser Family Foundation report states that more than three of four seniors over the age of 65 have equity in their homes ranging from $67,700 to $325,200. One in 20 have home equity greater than $398,500, and 1% have more than $799,850.

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7 Factors That May Affect When You Retire – Reasons to Work Past Age 65

senior working at homeIn 2010, a Pew Research report indicated that three out of every four members of the workforce expect to keep working for pay after they retire. 60% of them believe this will be by choice, not necessity – but pre-retirees may be more optimistic than justified in their expectations. According to the Center of Retirement Research, less than half of all households are financially prepared for retirement at 65; a quarter will need to work at least one to three more years; and almost one in ten will need to work past age 72 or longer.

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How to Write a Book – Steps to Publish, Market, and Sell Your Books

write a bookFrom the Neanderthals who left hand prints on the cavern walls of El Castillo, Spain more than 37,000 years ago, to the G.I.’s crude drawings of a long-nosed fellow peering over a fence announcing, “Kilroy was here,” humans have sought immortality through art. The same impulse that drives the graffiti tagger in Los Angeles drives the white-haired Hamptons matron to pen a letter to the local newspaper about animal leash laws: a desire to be seen, heard, and remembered.

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Is America the New Rome? – United States vs. the Roman Empire

roman empireThe example of the first great republic in recorded history (509 B.C. to 29 B.C.) was omnipresent in the minds of America’s founders as they created a new republic centuries later. As a consequence of their deliberations and, perhaps, the “protection of divine Providence” as written in the Declaration of Independence, the United States of America, in the mind of many of the founders, was intended to be the modern equivalent of the Roman Republic. The Roman Republic ended with the infamous assassination of Julius Caesar in 27 B.C..

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What Is Global Warming and Climate Change – Facts & Effects

climate changeClimate change – specifically global warming – is one of the more controversial issues mankind is facing. Consensus about climate change’s definition, effects, and causes, especially the role that humans play in the acceleration of climate change, is virtually impossible to reach. The controversy is particularly clear in the energy industry, where many assert that there is no scientific agreement about the causes of global warming or its potential problems.

Differing Opinions on the Effects of Climate Change

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How to Climb the Corporate Ladder – 5 Keys to Career Success

corporate ladderIt’s good to be the boss. People in charge of an organization not only make more money, they also have happier family lives, are more satisfied with their work, and worry less about their financial futures, according to a Pew Research report. Those in the top levels consider their employment a “career,” not just a job that pays the bills.

Of course, promotions to those top levels are never guaranteed. However, there are a number of steps you can take to improve your chances of advancing your career – whether with your existing employer or a new one. Long-term success relies on having as many options as possible and ensuring that you’re prepared when an opportunity arises.

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Are Annuities a Good Investment? – 7 Things to Consider

annuitySome financial advisors assert that annuities are expensive, contrived insurance/investment combinations promoted by brokers who, according to The Motley Fool, “are getting rich with big commissions.” The site continues to bluntly state that “investors can generally do far better for themselves elsewhere.”

Suze Orman, financial advisor and television host, says that “not very many of us should be investing in annuities at all,” and that “there are reasons why they sometimes make sense, but there are even more reasons why they mostly do not.” However, even the most critical do recognize that annuities provide real benefits for some investors with unique needs.

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