Federal authorities have a consumer warning for shoppers. Hidden skimming devices (commonly thought to be attached to gas station pumps and ATMs) have gone high-tech.
“It’s hard to put really — definite numbers around it. But one thing we know...
About 1 out of every 7 people will live past 95.
And if they plan to retire in their 60s, that leaves a huge variable of how many years of retirement they will need to fund.
An...
Your credit score can determine whether you can buy a car, get certain jobs or rent an apartment. It’s a big deal. And so is this: Credit scores for many Americans are about to change — even if they don’t do anything.
Though there’s no magic savings number that guarantees financial security during retirement, as a good rule of thumb, it’s smart to close out your career with about 10 times your ending salary socked away. The reason? Social Security will only replace about...
Millennials can get a bad rap for how they handle money, but according to a new study, young people are beginning to stash away money for retirement earlier than previous generations.
Published on Thursday, Bank of America’s 2020 Better Money...
Someone in Florida woke up an awful lot richer Thursday morning.
A single ticket sold in the Sunshine State matched all six numbers in Wednesday night’s drawing, nabbing the $396.9 million jackpot. Next up for the winner? Figuring out how...
The steps to follow in order to become a millionaire are simple. Save money, regularly, over time. However, there would be many more people reaching this wealth-building milestone if it were easy. While the net worth of many hard-working Americans skyrocketed during...
How does your saving for retirement compare to nest eggs built by other people your age? Are your IRA and 401(k) balances bigger? Smaller?
If you are an active saver, chances are that your savings for retirement are much bigger...
If you put your money in the right places, it can grow substantially over time, thanks to the power of compound interest. It could even double, while you don’t have to do a thing.
Want to figure out just how...
Housing may be the key to bigger savings.
Earlier this week, a Reddit post — from a 48-year-old woman claiming to be a millionaire despite having only low-paying jobs until about age 30 — went viral, and in it she...
