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...
Prices for gas, food and housing have skyrocketed in the last year. Less noticeable, to some, is the rising cost of health care.
Medicare, the U.S. government’s national health insurance program for Americans age 65 and over, imposed a 14.5% increase in premiums for Part B (outpatient care coverage) for...
While it can be exciting to graduate college, it can also be a stressful time because you will be living in the real world. Managing your money is often a big part of how successful you are in the adult world, which is why you should take the time...
Your values can drive profits in your retirement account.
More than three-quarters of 401(k) retirement savers believe ESG companies perform better over time than non-ESG companies. That's according to a retirement survey from asset manager Schroders. Are these...
No matter your age, it’s never too early to start planning for retirement. But before you start planning, it's key to identify your retirement goals, which experts say are essentially the desired results for your life as a retiree. It's important...
