Freda Robinson, 65, lives a frugal life. She uses coupons, compares weekly grocery store ads and hunts for the best deals.
But rising inflation worries Robinson, a South Carolina resident who retired from her job in May 2018.
She’s concerned that her nest egg won’t last as prices on everyday items...
The two years since the coronavirus pandemic led to sweeping lockdowns across the U.S. have hit women in the workforce especially hard.
Now, the gap between their retirement savings as those of their male counterparts has widened further.
Only 19% of women are confident they’re on track to retire without running...
Hint: It's an unavoidable one at that.
Many seniors rely on Social Security as a critical source of income. But the reality is that those benefits generally won't be enough to make for a comfortable retirement --...
The Ukraine war has a lot of people on edge, American consumers included. In fact, 73% of Americans believe that it will have a negative effect on the U.S. economy, according to a recent survey by MassMutual. And 66% are worried that the...
Do you ever wonder how your spending compares to other people's? It's natural to be curious about other people's finances. And knowing how your spending stacks up could clue you in as to whether some changes may be warranted. With that...
Everyone could use a little more money. Even a few extra bucks could help you better prioritize your personal finance goals, like paying off debt or saving more money in your emergency fund. If money has been tight lately, you may want...
Thanks to the New Normal — a hot and highly visible European war and record inflation — lots of long-time feds have gotta be saying what-am-I-doing here? Especially those people who, after two years working from home, are now being ordered back to the office. Many are likely reading...
Once you retire, you may find that some of your living costs manage to shrink. You might, for example, spend less on housing if you manage to pay off your mortgage ahead of retirement, or if you downsize once you become an empty-nester. And you might save some money...
Betterment vs. Wealthfront IRAs: The biggest differences
Betterment and Wealthfront are two popular robo-advisors (automated investing platforms) offering algorithm-powered portfolio management for hands-off investors. Both give you access to traditional IRAs, Roth IRAs, rollover IRAs, and SEP IRAs. But the platforms also differ in several ways.
Betterment is best for those...
Over the past couple of years, e-commerce has really taken off. A lot of consumers shifted toward digital purchases during the pandemic, when virus-related fears kept them out of stores. And at this point, shopping online is a convenience a lot of consumers just don't want to give up.
At...
