ORLANDO, Fla. — With inflation rising, saving money during the Fourth of July is on people’s minds.
Freedom Week runs through Thursday, July 7, and residents can purchase items and experiences exempt from tax.
You'll often hear that Social Security won't provide you with enough income to maintain a comfortable lifestyle in retirement, and that's true. Those benefits will only replace about 40% of your pre-retirement income if you earn an average wage, and most...
If you’ve been planning to buy a house, you may have noticed that it recently got a little more challenging. With inflation spooking politicians and economists alike, the Federal Reserve hiked interest rates 0.75% this month, and while that might not seem like much, it’s had a huge impact...
Over the past couple of years, homeownership has become increasingly unaffordable. Home prices increased 30% from 2020 to 2022, and mortgage rates are now nearing 6%. As both prices and rates continue to rise, many hopeful buyers are wondering: Can I actually afford to buy a home on my...
When it comes to investing, we tend to remember the recent past.
Investing for and in retirement is far more behavioral than mechanical. Unsurprisingly, humans tend to respond to big, emotionally driven events. This is the very essence of recency bias: We have the behavioral tendency to assign more importance to events from...
Be sure to avoid them at all costs.
You'll often hear that Social Security won't provide you with enough income to maintain a comfortable lifestyle in retirement, and that's true. Those benefits will only replace about 40% of your pre-retirement income if you earn an average wage, and most seniors...
Last week, the Senate Finance Committee approved the Enhancing American Retirement Now (EARN) Act, moving closer to a potential agreement to reform retirement savings this year. That is one of several proposals recently introduced—including the Retirement Improvement and Savings Enhancement to Supplement Healthy...
There are many different financial accounts out there that you can use to accomplish both big and small goals. It can be confusing to decide on the right place to put your dollars because of it.
A savings account is...
Retirement can be a big change for a lot of people. And it's not always a positive one.
It's not uncommon to eagerly anticipate retirement, only to wind up bored and stressed about money once that milestone...
Markets have been unstable for months, causing investors to be on edge with good reason. Already this year, the stock market has fallen and wiped out over $3 trillion in retirement savings. Alicia Munnell, director of the Center for Retirement Research...
