If stress or sadness has ever pushed you to buy something you probably don’t need, you’re not alone. Nearly 70% of Americans say emotions have influenced their spending, a recent LendingTree survey finds.
When it comes to emotional...
Medicare provides health insurance coverage for seniors 65 and older. Having the right coverage is crucial to avoid financial disaster, as medical care is one of the biggest expenses most older people face.
That's why it's so important to...
Recession is probably a word you haven’t heard in a while, at least not in the present tense.
Yet economic experts fret that one could be coming. And how fast that becomes a reality depends in part on U.S....
A boosted benefit is helpful, but there's another key step you can take to set yourself up for a financially stable retirement.
Scour the internet, and you're apt to come across plenty of advice for boosting your...
Key Points
Retirement is an important financial goal, but it shouldn't always be at the top of your priority list.In certain situations, a retirement account may not be the best place for all of your retirement savings.
There is a seismic shift in the real estate market and it’s all due to the Millennial generation.
“Millennials have represented the largest share of the home buying market for the past five years in a row with the...
One of the biggest benefits of traditional IRAs and 401(k)s is that they let you save and invest pretax money for retirement. But you can’t keep that money stashed and those taxes deferred forever. By law, you’re obligated to make annual withdrawals once you reach a certain age and...
With the new year rapidly approaching, now is the perfect time to assess your finances. Life may feel busy right now, but evaluating your financial situation and coming up with new goals can help you start the year off right. By making...
RETIREES OFTEN FOLLOW what is known as the 4% rule.
Established in 1994 by financial advisor William Bengen, the rule stipulates that you should be able to withdraw 4% of your retirement savings each year without running out of...
If you’re in your 40s, you probably have seen articles on how much you should have saved by now to comfortably retire.
One guideline from Fidelity Investments calls for having three times your starting salary saved by 40, with the aim of growing that to six times by age 50.
If you’re not...
