With inflation picking up again and highly anticipated Federal Reserve interest rate cuts delayed, it may be a good time for Americans to tweak their investment and retirement portfolios, financial advisers say.
While U.S. rate cuts are...
Online bank UFB offers one of the best rates on a high-yield savings account that you'll find -- 5.25% APY on the UFB Secure Savings Account. And while this APY is already competitive, UFB is giving its clients a chance to earn an extra 0.20% on their savings when they...
With inflation picking up again and highly anticipated Federal Reserve interest rate cuts delayed, it may be a good time for Americans to tweak their investment and retirement portfolios, financial advisers say.
While U.S. rate cuts are on hold, the European Central Bank (ECB) suggested last week that its first...
The amount near-retirees have saved up may vary wildly, but it's not too late for them to improve their situation.
It can be a bit counterproductive to compare your retirement portfolio's value to someone else's. No two people's circumstances are exactly the same, after all. The financial situation you're creating...
Social Security was never supposed to be your sole source of retirement income. Indeed, for disciplined investors, Social Security won't even be their biggest single source of income in retirement. If you can maximize the benefit of a program you're required to participate in, though, you may as well...
In your 30s, your list of financial burdens is probably growing, including everything from paying for child care to saving up for a first home.
Despite these challenges, Americans in their 30s managed to save the most money out...
If you’re heading into retirement with a $5 million nest egg, congratulations.
Northwestern Mutual’s 2024 Planning and Progress Study found that the average American believes they’ll need $1.46 million to retire comfortably. However, according to the Federal...
Future retirees are being urged to familiarise themselves with certain retirement rules or risk losing vital Social Security benefits.
A Social Security Advisory Board (SSAB) report is reminding older Americans of why it is important to understand...
The IRS has again waived required withdrawals for certain Americans who have inherited retirement accounts since 2020. It may not be a good thing for heirs, experts say.
Before the Secure Act of 2019, heirs could “stretch” retirement account withdrawals over their lifetime,...
Today’s homebuyers face challenges that make it tough to budget for a house with a high-interest mortgage. With US home prices on the rise, it’s harder to cover closing costs, let alone an upfront down payment. In February, the median down payment was $55,640, up 24.1% from a year...
