Be very careful when abandoning the workforce at a younger age.
Early retirement is a goal many people strive for -- even though it can come with many challenges. For one thing, leaving the workforce at a...
If I were to ask how much you’ve saved in your IRA, 401(k) or similar retirement plan, my guess is you could come pretty close to telling me your account’s current balance.
But what if I asked...
There are thousands of resources online to learn about personal finance, a staggering amount of financial information, from free courses offered by colleges and education platforms to TikTok influencers and expert newsletters. This can make it hard to identify the best...
Millions of high school students across the U.S. will graduate in 2022 with one important course under their belt: personal finance.
Recent momentum among states requiring personal finance education in high school means that nearly 1 in...
If you reach retirement with a significant amount of assets, you’ve done a great job of saving and investing. But now comes another challenge – making that money last.
You might think that this task, as important as it is, won’t be as hard as accumulating the money in the...
For anyone who's nearing retirement and watching the stock market nervously, those jitters may mean it's time to review your portfolio.
While stocks over time offer the best opportunity for long-term growth despite periods of volatility, a persisting market downturn heading into retirement can be problematic if you're tapping those...
For every investor, the world has become a hard place. There’s volatility for stocks and bonds. Rising interest rates and inflation. Economic uncertainty from the Russian invasion of Ukraine and the persistent pandemic. But those who are retired, and those who are approaching retirement, are in special circumstances.
“It’s kind...
There’s a pervasive myth about credit-card balances and credit scores — and it may be costing you money.
Sixty-five percent of Americans think carrying a small balance on their credit card each month will improve their credit score, according to a recent Lending Tree survey. The share is higher among...
For decades, the goal has been to work hard, earn money and then retire! However, in recent years, the traditional retirement model seems to be changing. So what’s the alternative?
More retirees are deciding to slowly leave the workforce by reducing their hours or finding more fulfilling jobs, even if...
When it comes to managing finances, general advice says we should budget out for expenses and save the rest for a rainy day. This money mindset ensures we’ll always have enough cash for the things we need as well as the things that matter to us most.
But does this...
