About six in 10 Americans (58%) think that $1 million will be enough for “a comfortable retirement.” That’s according to TD Ameritrade’s 2019 Retirement Pulse Survey, which surveyed 1,015 U.S. adults ages 23 and older with at least $10,000 in investable assets.
For months, we’ve been talking about our topsy-turvy economy and what it could mean for your finances if we experience a recession. And while the sheer occurrence of a recession isn’t anything to get worked up about on its surface, there’s the...
The savings rate in the U.S. was 17% higher in 2018 than in 2017, according to data from the Commerce Department cited by the Wall Street Journal, and it has continued to trend upward this year. Part of the increase can be...
What are the highest paid, most in-demand jobs in your state?
Software developers, physical therapists and physician assistants crop up frequently among the highest-paid and fastest-growing jobs in every U.S. state, according to a recent analysis by CareerBuilder, a...
When Sheri Reid Grant inherited millions of dollars from her parents, she went into a downward spiral. Six years later, she still gets teary talking about it.
“Everybody thinks money is the answer, and here I had all this...
From the 1980s through 2007, household saving followed a predictable pattern. It typically rose after a recession as people paid down debt and rebuilt balance sheets, then declined as they grew more optimistic—and spendthrift.
That hasn’t happened during the...
Getting through a day of work can be challenging. But it can also be challenging not having to work.
Take it from Kristy Shen and Bryce Leung of Millennial Revolution. The two former computer engineers quit their jobs at...
A new Form 1040 tailored to taxpayers 65 and older is making its debut.
In mid-July, the IRS released a draft form of the 1040-SR, “U.S. Tax Return for Seniors.”
The form is designed to be...
Plenty of parents start their kids off with a piggy bank to underscore the importance of savings. Very few teach their children how to invest.
“Investing is something a lot of parents struggle with,” said Roger Young, a senior...
Many people dream of retiring early, and for you, that could mean leaving the workforce during your 50s. And there are plenty of good reasons to go this route. By retiring young, you’ll get a chance to travel or enjoy your newfound free...
