Even though Social Security shouldn't be your only source of income for retirement, you may come to rely on those benefits pretty heavily once your career wraps up. And so it's in your best interest to get as much money out of Social Security...
Hunting for a new job? Don’t forget about your retirement savings at the company you’d be leaving. More than half of workers (55%) plan to look for a new job in the next year, according to a recent Bankrate...
Maxing out your 401(k) is one of the best things to do to ensure a growing net worth, and ultimately, a secure retirement. There are many reasons for this: Tax-deferred growth, employer-matching contributions, and access to basic investments are a few. But...
The price of pretty much everything — including groceries and heating your home — has gone up since last year. The inflation rate reached a 30-year high in October, according to Consumer Price Index data released Wednesday by the U.S. Bureau of...
It’s no secret that it’s a lot easier to spend than it is to save. Saving requires discipline to prioritize the future you in exchange for any instant gratification that you may get when making an impulse purchase. Plus, many of us...
Seniors who rely on Social Security for all of their retirement income often wind up cash-strapped as a result. That's why it's important to save for your senior years independently. And if you have access to a 401(k) plan through your employer,...
Maybe you love a good stress-clean or organizing session, or maybe the clutter around your house doesn't bother you—but regardless of your feelings about it, your clutter is likely costing you financially, if not emotionally. Decluttering your space is an easy way...
Putting off retirement and staying a few extra years on the job will require a little bit of sacrifice. After all, you won't be able to begin a life of leisure, and you'll have fewer post-work years to travel or spend time...
The higher the score, the bigger are the chances of getting hassle-free loans With the three-digit score, lenders decide whether to grant you a loan or not. It has now become an essential factor in your financial life. The...
Market conditions are pressuring the 4% rule, a popular rule of thumb for retirees to determine how much money they can live on each year without fear of running out later. Withdrawing money from one’s nest egg is among...
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