The risks of juggling two jobs

KCPQ

Financial expert Dan Roccato joins Good Day Seattle with advice and the risks of juggling two jobs at the same time.

Recommended Stories

  • Working Longer to Max Out Social Security May Fail Most Workers

    The idea of working longer before claiming Social Security benefits sounds like a great retirement strategy. Staying on the job means you can maximize your eventual benefit, continue to save for retirement and avoid tapping your investments to cover living … Continue reading → The post Working Longer to Max Out Social Security May Fail Most Workers appeared first on SmartAsset Blog.

  • Some workers are worried that ChatGPT will replace their jobs. They might be right

    ChatGPT and other generative AI tools are starting to see more widespread adoption. That has some workers worried.

  • Most Americans Retire at This Age

    Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.

  • Roth IRA Withdrawal Rules and Penalties You Probably Don't Know About But Should

    Roth IRAs are one of the many ways you can save for retirement. Their key benefit – you can withdraw funds in retirement without paying taxes on the distributions – has made them very popular among tax-savvy investors. Still, there … Continue reading → The post Roth IRA Withdrawal Rules and Penalties appeared first on SmartAsset Blog.

  • Retirement 2023: Here’s How Much the Average American Has in Their 401(k)

    Hitting your retirement savings goals is all but impossible unless you invest your money via a tax-advantaged account like a 401(k). These savings vehicles are often offered by employers, and as of...

  • ‘I retired early – but pension reforms mean it will finally pay to go back to work’

    It has been a week since Chancellor Jeremy Hunt announced he would be abolishing the lifetime cap on tax-free pension savings – and the Tories are wasting no time in making it happen. On Tuesday the motion was passed in the House of Commons, meaning from April 6, workers will be able to save as much as they want in their pension without incurring hefty tax charges. Labour voted overwhelmingly against and pledged to reinstate the savings cap, known as the "lifetime allowance", if the party wins t

  • The age of 62 remains the most popular time to claim Social Security benefits — but are most people correct? Here are the pros and cons of cashing in early

    Here are the pros and cons of cashing in early — yes, early — once you hit that charmed age.

  • Is There Actually an RMD Cut-Off Age?

    Required minimum distributions (RMDs) are the minimum amount that you must withdraw from certain tax-advantaged retirement accounts. They begin at age 72 or 73, depending on your circumstances and continue indefinitely. There is, unfortunately, no age when RMDs stop. You … Continue reading → The post At What Age Do RMDs Stop? appeared first on SmartAsset Blog.

  • What Are the Risks of Annuities in a Recession?

    Which among the most common types of annuities pose the most risk during a recession? Let’s take a look.

  • Want to Retire in Five Years? What You Must Know

    Here's how to do a retirement-needs analysis to know if you will have enough money to retire when you want to.

  • Elon Musk Sends 2:30 a.m. Decree to Twitter Staff, Ending a Popular Practice

    Since the early days of the Elon Musk era at Twitter, the owner and CEO has taken an uncompromising position on one expectation of his workers. "Elon Musk sent Twitter employees an email at 2:30 a.m. saying the 'office is not optional' and noting SF was half empty yesterday," wrote Zoë Schiffer, a managing editor at Platformer, as part of a tweet.

  • Employees Value These Top Benefits More Than A Four-Day Workweek

    Over the last year, there's been a lot of talk about the four-day workweek — both employees and lawmakers have called for it while certain countries have even begun testing widespread trials. A recent OnePoll survey conducted for Forbes Adviser found that 12% of workers aged between 18 to 25 would prefer a four-day workweek to a traditional five-day one. "This might reflect a need for workers in later life stages to make room for caretaking work, or possibly their greater confidence in their ability to do a job more efficiently," write the study's authors.

  • Tech workers are taking to TikTok to debate 'fake work'

    Some on TikTok said they experienced not having enough work to do, but a former Meta worker disagreed, sharing an old jam-packed work calendar.

  • JPMorgan's Best Retirement Advice For 2023

    "Some of the market's best days occur very close to the worst days." This is one of the pieces of advice from the 2023 Retirement Guide published recently by J.P. Morgan Asset Management . The guide is the 11th version … Continue reading → The post JPMorgan Recommends These Themes For Retirement In 2023 appeared first on SmartAsset Blog.

  • Expert Says ‘Silent Crisis’ with Retirement Savings Looms Worldwide — How To Act Now

    Government-sponsored retirement programs face a math problem: People are living longer at the same time that younger working-age populations are decreasing. This has contributed to dwindling funds for...

  • The Downsides of Retirement That Nobody Talks About

    The realities you face when you stop working might be a far cry from your retirement dream. Of course, retiring broke or not being able to retire at all are among the worst-case scenarios. Next: 10...

  • Stretch Retirement Savings: Experts Recommend 5 Expenses To Cut Easily

    A traditional, passive retirement is fine for some, but many retirees are looking to start exciting new chapters of their lives when they stop working. Social Security: No Matter Your Age, Do Not...

  • Build Your Own Annuity

    Life insurance companies have long offered American investors the promise of lifetime income from annuity contracts. The first annuity contracts were relatively simple instruments that paid a fixed interest rate and then paid out a guaranteed stream of income that the beneficiary could not outlive. Variable annuities gained popularity in the late 1980s with the promise of higher returns from mutual fund sub-accounts.

  • Caltrans holds free dump day event, job fair

    Caltrans is holding an event for people to dump non-hazardous household waste. There's also a job fair later.

  • The 5 Top Reasons Why Employers Give Workers Pay Raises

    The cost of living in urban America is up 6% compared to last year, thanks to inflation, which has upped costs on groceries, rent, and just about everything else. Here's the good news: Employers are responding to inflation by giving workers pay raises. According to an in-depth report by Payscale, 56% of organizations plan on giving base pay increases of over 3% in 2023.