The best high-yield savings accounts live up to all the hype. After all, what more could you need in a savings account than no fees, zero risk, full liquidity, and excellent earning potential?
Whether you’re building up an emergency...
The data is clear: Almost every American needs to save more money.
Average retirement savings are too low, around 4-in-10 Americans can’t cover a $400 emergency, and average credit card debt tops $6,000. But knowing about the need to...
Saving enough money for retirement is challenging, even if you have a clearly defined plan. What’s disturbing is that most people don’t even have that much going for them. This causes many to underestimate certain retirement costs and overlook others altogether. Here...
Most retirement plans, such as 401(k)s, typically lock you into a plan that offers a small selection of mutual funds for the participants to invest in.
However, more retirement plans are letting participants have a brokerage account within the...
THERE’S A LOT OF PREP work to complete when you’re expecting a new baby. Expectant parents have a nursery to paint, strollers to buy, doctor’s appointments to attend and nannies to hire.
But in addition to those tasks, experts...
Savings matter.
That’s the No. 1 idea Stadion Money Management’s Will McGough, the firm’s chief investment officer for retirement, is promoting among his clients as he tracks what he calls a burgeoning ”‘savings more’ crisis.”
That’s...
The average American thinks they’ll need approximately $1.7 million to retire comfortably, a survey from Charles Schwab found. Considering the median amount baby boomers have saved for retirement is just $152,000, according to a report from the Transamerica Center for Retirement Studies,...
If you’re in the homestretch toward retirement but not confident that your retirement savings are on track for you to live the lifestyle you expect, don’t give up. Two easy, totally realistic steps can dramatically boost your retirement savings. One of our...
Having basic personal financial skills is one of the most important things you can do to live a healthy, happy and secure life. Your level of understanding around the fundamentals of budgeting, saving, debt and investing will impact every part of your...
A recent survey shows plenty of baby boomers and Gen Xers are financially unprepared for retirement.
But so-called millennials, those born between 1981 and 1996, likely will have it much worse. New research shows this generation, which will begin...
