As millennials, we’ve learned about money the hard way. From the Great Recession to stratospheric student loan debt to a pandemic, there’s been no shortage of life giving us lemons. While the long-term economic effects of the pandemic are...
Saving in an IRA or 401(k) is only half the job of securing a comfortable retirement. The other half is choosing investments that give you a fighting chance at growing your nest egg over time. That's not an easy thing, given that...
Your 401(k) costs money -- no ifs, ands, or buts about it. Someone has to manage the funds you've invested in, do all the reporting, and make sure you can check up on your account when you need to. And those people...
About 52% of Americans still say that they’re being financially impacted by the coronavirus pandemic, according to survey data from TransUnion. While some of those affected have been able to find new jobs or rely on unemployment benefits to see them through, 75%...
Americans are living longer, which is a great thing, especially if you have the money to afford a nice, long retirement. A new study released by Wells Fargo and the Stanford University Center on Longevity called "Planning for the 30+ Year Retirement,"...
Banks offer products and services to help you manage your money, but do you know how they actually work? If you have a checking account or savings account, or if you’ve ever opened a credit card or applied for a loan,...
It’s no secret that savers are earning significantly less interest on their savings accounts than a year ago. Because of the economic fallout from the coronavirus pandemic, interest rates across the board have dropped. For high-yield savings accounts, banks...
One million dollars is still a lot of money. As crazy as it may seem if you don't have anything saved at the moment, you may have a path to reaching a net worth that high within the next two decades. In...
Retirement may seem far away when you’re not yet 30, but it’s never too early to start saving for your future. If you want to retire by age 67, experts at retirement-plan provider Fidelity Investments suggest having one times your income...
Planning for retirement is stressful enough. Try bringing a pandemic into the mix. Despite the uncertaintyspawned by the health crisis, baby boomers are confident they will have a successful retirement and their lifestyle will be everything they planned.
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