When it comes to retirement savings, many Americans miss the mark.
On average, Americans believe they need $1.7 million to retire, according to a recent survey from Charles Schwab, which looked at 1,000 401(k) plan participants nationwide.
For many retirees, Social Security is the difference between enjoying a comfortable retirement and barely scraping by. Nearly half of married beneficiaries rely on their Social Security checks for at least 50% of their income, according to the Social Security Administration, and...
It says something about the industry that there aren’t many retailers that qualify as a Dividend Aristocrats by having boosted annual payouts for at least 25 consecutive years. Competition is fierce, profit margins are thin, and shifting consumer demand trends make it...
We often read that Americans spend too much and don’t save enough, so any news that U.S. adults are cutting back on purchases is a much-needed breath of fresh air. And apparently, one-third of Americans managed to reduce their spending this past...
Today’s gig economy is creating both opportunity and problems for millions of Americans. Gig workers include those who devote at least some of their time to providing ride-hailing services, short-term rentals of their homes or delivery services.
One powerful...
China has sold the first tranche of a two billion yuan ($291.11 million) bond in Macau, which comes as the Chinese-ruled territory tries to diversify from its dominant gaming industry.
The Ministry of Finance said in a statement on...
You’ve worked hard throughout your career to save for retirement so, of course, you want to make the most of your money. But when planning for retirement, many people don’t consider how taxes will affect their savings.
If you’re...
A lot of personal finance advice gets caught up in the little things—the cup of coffee you buy in the morning for $3. The streaming music subscription for $9.99 per month. Cut out these small expenses and clutch those dollar bills and...
Researchers tell us that most people would be better off waiting to claim Social Security Opens a New Window. benefits. Yet most people file early Opens a New Window. .
More than half apply for Social Security before they...
How much did you know about investing when you were thirteen?
About 30% of adults under the age of 45 have a relatively low level of financial literacy, according to a survey conducted by the TIAA Institute.
