A group of high net-worth individuals that was recently asked how much wealth would it take to trigger true contentment said it would take two or three times their current net worth. Michael Norton and Elizabeth Dunn, who penned Happy Money, said it’s not the next level of wealth that brings joy. Instead, the authors recommend buying experiences that strengthen connections with loved ones and friends rather than acquiring more material goods. “Don’t turn luxuries into necessities. Delay gratification. Share your good fortune.” –Leaders & Success, Investors Business Daily, Oct. 2014.

Social Security wage base set to increase
The Social Security Administration’s (SSA) Office of the Chief Actuary (OCA) is projecting that the Social Security wage base will