Your college major has a huge impact on the size of your paycheck later on. Pharmacy majors earn a median salary of $100,000, while music majors make $36,000. Flower fan? Botany majors typically earn $50,000. A...
Americans aren’t exactly known as strong savers, which explains why so many live paycheck to paycheck. But in a survey by the CFP Board released earlier this year, 48% of U.S. adults aren’t saving any money for retirement. And that’s disturbing, because...
Seniors will make a lot of important decisions, but few, if any, have as much bearing as deciding when to begin taking their Social Security retirement benefit. Every month, over 63 million people receive a benefit from the most...
Here is what matters if you’ve made it and want to keep it. Do the financial markets have your attention? I assume so. After all, Wednesday’s 800-point drop in the Dow was the worst day in the U.S. stock...
With healthcare growing more expensive by the minute, many working Americans and retirees alike are grappling with costly medical bills. If that sounds like you, then it pays to learn more about health savings accounts, or HSAs. These accounts let you save...
A few years ago, in one of my bolder proposals, I suggested that we eat the rich and take all their money. It was a surprisingly popular idea, immediately accepted by the vast majority of people who don’t consider...
Many financial experts recommend saving at least $1 million in order to live comfortably in retirement. But the average American believes that they need even more than that: $1.7 million, according to a recent survey from Charles Schwab, which looked at 1,000...
It’s no secret that college costs a lot of money, but saving for that milestone in advance can help families avoid taking on unhealthy levels of student debt. Thankfully, 44% of parents have started to save for a college education before their child’s...
Homeowners have been installing solar panels at a record pace, taking advantage of falling prices and a tax credit, which is slated to be phased out by 2022. Like computer chips, solar panels are getting more powerful, more efficient...
It’s reasonable to worry about retirement. After all, you’ll probably be living with less income than you enjoy today, and you can’t know how much certain future expenses will cost you. Health care, for example, takes hundreds of thousands of dollars out...
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