Scott Burns: Your hopes of carefree living are back in 2023

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Scott Burns: Your hopes of carefree living are back in 2023
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Yes, the cost of living is going up. But the amount of money you need to invest to afford the cost of living is (still) going down. For the second year in a...

How can this be? Simple. Interest rates are up dramatically. That means you need less in savings to generate any given amount of income. The

The other was selected for reasons of national security. Your personal security in this nation, that is. I want the people of the Riley Index to be secure, but inconspicuous. Being better off than most people is enough to make you confident and comfortable. All that good news aside, it’s important to note that inflation has pushed the required income to a record high. The income requirement broke into six digits this year, reaching a full $103,218.

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