There's a world of misinformation surrounding Social Security, and sometimes, it can be tricky to know what to believe. For example, you may have heard that Social Security is in deep financial trouble, and that future benefits are therefore precarious. As...
Planning for retirement is a far better move than just winging it. But in the course of your planning, you may come across certain pieces of advice that could end up leading you seriously astray. Here are a few such myths...
The Federal Bureau of Investigation is warning the public of romance scams ahead of Valentine’s Day. The FBI says these romance scams occur when criminal actors trick their victims into believing that they are in a trusting relationship. This relationship is then used to convince the victims to send...
Millennials have long been at the mercy of economic events, from the Great Recession to crushing levels of student loan debt. But thanks to the Great Resignation that began in 2021, this generation is experiencing its first brush with power and opportunity in the job market.
Millennials are midcareer and...
There's a good chance Social Security will end up coming in very handy during your retirement. Even if you bring a decent-sized nest egg into your senior years, you might still rely on those benefits to cover your various expenses and pursue hobbies and leisure -- the things you...
There's a reason workers are often advised to load up on stocks in the course of saving for retirement. If you want to grow your IRA or 401(k) through the years, stocks are a good bet because they've historically delivered notably higher returns than bonds.
But stocks are also a...
Social Security might end up paying you a fairly generous retirement benefit. The average recipient today gets $1,657 a month, and if you earn a higher average wage than the typical worker, you might be in line for a substantially higher...
Many experts recommend that people withdraw 4% from their retirement portfolio each year in order to make their retirement savings last. This much touted advice, however, may not hold true for today’s retirees. While personal finance experts have relied on the...
Are you confident in your finances? Or do you agree yours could use work? If you're in the latter category, you're in good company.
As of 2021's fourth quarter, only 34% of Americans identified themselves as being...
High net worth individual is a classification used in the financial industry. The exact figure that elevates someone into the high net worth individual category varies by age and location, but the designation often refers to someone with a net worth...
