Most Americans would probably have a hard time wrapping their heads around a $350,000 salary. In fact, government data cited by Sam Dogen of the Financial Samurai blog shows that some 95% of U.S. households don’t pull in that much. The median...
When it comes to the forecast for your Social Security benefits in 2020, there’s good news and bad news.
Your Social Security checks are poised to grow next year; however, the annual increase likely won’t be as much as...
There are plenty of reasons to save money as a teenager. Whether you’re looking to save for your first car, college, or a gap-year trip around the world, the most important part of saving as a teen is getting started.
Do you expect to spend the same amount in each and every year in retirement?
Of course not. Yet many financial plans nevertheless assume that you will. The famous 4% rule, for example, grew out of research about what...
Saving for your kid’s college education isn’t easy, but you can probably save a lot more than you think. Here are six important things to know to start squirreling away and investing money in a smart way, including how to save in...
More Americans have retirement accounts today when compared with past decades – but that doesn’t necessarily mean everyone is saving enough to live comfortably throughout their later years.
According to a new study from the Government Accountability Office (GAO),...
If you’re like most pre-retirees, retirement planning starts by asking if you’ll have enough income during your retirement. If it appears you’ll generate adequate income, the focus shifts to tax and investment techniques that will maximize this income. In other words, “given...
Early retirement may sound like a dream.
However, if today’s retirees are any indication, you may want to rethink how you plan financially.
A new survey from NerdWallet finds that today’s retirees stopped working at 59,...
As you’re planning for retirement, you may think you have plenty of time to figure everything out. Especially if you still have decades before you can even consider retiring, it’s easy to push saving to another day down the road.
Millennials, such as myself, seem to be known the world over for our poor choices, efforts to alter certain cultural norms, or collusion to shutter industries single-handedly. Another bad reputation we receive involves our seemingly perpetual problems for establishing good financial habits....
