Stocks could be in for a rough time in September if history is any indication. The Dow Jones Industrial Average has averaged a loss of 0.75% in September over the past 30 years, CNBC analysis using Kensho shows. In...
Saving for retirement is a lifelong process. One-third of Americans think they’ll need between $1 million and $3 million saved to retire comfortably, according to a report from Charles Schwab, and saving that much cash takes decades of hard work.
Nearly one in five Americans don’t contribute enough to their employee-sponsored 401(k) plans to earn the company match, according to a new survey by MagnifyMoney. That means they’re missing out on “free money.” “That’s your company literally saying: ‘Hey,...
When markets get volatile, people start wondering whether they should sell their stocks or move more of their money into bonds. Before you make your next investment decision, it’s worth looking at how different ratios of stocks to bonds have performed over...
Nobody likes a job that’s only halfway done, but partial progress often is better than none at all. When it comes to managing money, many Americans still aren’t meeting their savings objectives, or they’re mismanaging their investments or skipping...
Saving for retirement is a lifelong process. One-third of Americans think they’ll need between $1 million and $3 million saved to retire comfortably, according to a report from Charles Schwab, and saving that much cash takes decades of hard work.
The calculations used to craft a traditional retirement plan assume that you’ll work well into your 60s and draw income from your savings to fund your remaining two to three decades. But what if you’re not planning a conventional...
One of you may be living as a survivor for a long time. Are you prepared? Here’s a question for couples whose retirement is imminent. You think you’ve got it all figured out. Now, what’s your widowhood plan?
Retirement planning takes decades of hard work, and it can sometimes be confusing and overwhelming. Fifty-six percent of Americans don’t have a clue how much they should be saving for retirement, a survey from Northwestern Mutual found, and roughly 1 in 5...
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...
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