Before Mary Beth Barritt retired, she and her husband did all the math: They calculated the optimum time to draw Social Security, consulted advisers on structuring their investments and budgeted for daily expenses as well as plans to travel.
Your student loans may haunt you even after you’ve paid them off.
That’s because they’re having a major impact on how much people save for retirement, according to a focus group and survey of more than 1,800 people released by...
When 27-year-old Ramon Gonzales was looking for a new job eight months ago, having access to a retirement plan was high on his list of priorities.
Now Gonzales, the floor supervisor for the production team at Red Bay Coffee,...
Social Security is our nation’s most successful social program, at least in the words of presidential hopeful, Sen. Bernie Sanders (I-Vt.) — and the data certainly backs up this statement. After all, more than 63 million people each month, 70% of which...
Figuring out how much to save every month so that you’re financially secure when it comes time to retire Opens a New Window. is complicated. In fact, according to the Motley Fool, Opens a New Window. a majority of Americans say they...
You’d think that personal finance gurus and pundits would embrace the FIRE movement (Financial Independence / Retire Early). The FIRE crowd preaches a debt-free lifestyle, healthy savings rates, smart low-fee investing, and life over money.
What’s not to love?
Managing finances is important, but it’s not how a lot people are using their time.
One in 5 American adults spend more time planning their vacations than managing their finances, according to an online survey of about 1,000 people...
More than 10 years ago Ryan and Courtney Luke were both working, but with nothing to show for it except big cars and big debts.
The Phoenix, Ariz. couple was making $72,000 in take-home pay, yet Ryan had $20,000...
As the 2020 primary season inches closer, Democratic Opens a New Window. presidential candidates have unveiled a slew of policy proposals — including plans funded by taxing both Wall Street and the wealthy Opens a New Window. — in hopes of setting...
Social Security benefits are earnings-based. Specifically, they’re calculated by averaging workers’ 35 highest-paid years on the job and adjusting wages for inflation. But the age at which those benefits are claimed could cause them to go up, go down, or stay the...
