Times of stress tend to amplify our human nature, including the way that we spend and save money.
While stuck at home during Covid-19, for example, some might be itching to spend or take advantage of upcoming Black Friday...
Retirement should be an amazing time when you can sit back and reap the rewards of your lifetime of hard work. Unfortunately, the numbers show that millions of Americans will have a very different experience.
The good news is,...
For many people, the age of 65 is considered the standard retirement age for a few different reasons, including the fact that Medicare becomes available then. But if you're planning on quitting work and claiming your Social Security benefits at 65, this...
If you’re not in the habit of saving money regularly, you might find the thought of it a bit overwhelming. This is especially true if you are living paycheck-to-paycheck as it is.
However, saving money is possible for almost...
Close to 65 million Americans receive a Social Security benefit each month, 71% of whom are retired workers. For many of these retirees, their monthly payout accounts for at least half of their income.
Social Security has become increasingly...
With the right long-term certificate of deposit (CD), you can earn more interest than you would with many other types of bank accounts, including high-yield savings accounts.
This is because savings accounts typically have variable APYs while CDs have fixed APYs. With a CD,...
I have been working a long time on retirement planning that creates more and safer income for retirees. So long, in fact, that I sometimes forget the subject is new to most investors. They get much of their financial information from their...
Social Security benefits are probably going to be one of your key sources of retirement income, so it can be helpful to understand a little bit about how your benefit amount is determined, and to know the amount of money you're likely...
When it comes to making retirement plans, chances are good you're dreaming of all the fun things you can do once you no longer have to go to work. But while you may be making a hefty travel budget or plotting all...
The average American consumer has about $25,483 in debt apart from their mortgage, and the average homeowner carries a mortgage balance of $215,655. Twenty-somethings are often bogged down by student loan debt, 30-somethings find themselves taking on more credit card and mortgage...
