After paying into Medicare through payroll withholdings at work for many years, some people approach their eligibility age of 65 with a misconception that their coverage will be free.
In reality, Medicare comes with a variety of expenses —...
When you’re in the early stages of your personal finance journey, the majority of your financial goals tend to revolve around specific numbers:
I need $12,000 in my savings account for my three-month emergency fund.
I...
We get blanket advice about preparing for retirement, but is that hurting more than helping?
Americans are often told not to touch their retirement savings until the future, but the government isn’t entirely sure how well they’re listening because...
LIVING COMFORTABLY during your retirement years doesn’t necessarily mean harsh sacrifices while working or earning seven figures for decades. Retirees who have enough to live well tend to credit years of good financial habits. “It is important to plan properly, know your goal and...
The USGA is downsizing.
The association confirmed Wednesday that 63 of its employees, roughly 15 percent of its workforce, were offered “voluntary retirement incentive” plans. According to a USGA spokesperson, the plan was offered to employees who were part...
Though retirement might seem like a relaxing, laid-back period of life, the reality is that it can be extremely stressful, especially from a financial perspective. But while some of that boils down to senior living costs coming in higher than expected, it’s...
Apple shares gained almost 5% Wednesday, following the release of its earnings report Tuesday, with the company’s current share price hovering around $210.
If you invested in Apple 10 years ago, that decision would have paid off. According to...
To those of us still working the 9-to-5, stories of people who retire in their 40s or even younger can read like a hero’s journey of mythic proportions.
But getting to that dream goal isn’t without its all-too-human regrets.
The investment business is full of theories and recommendations about how to accumulate wealth. But the field has very little to say about the best ways to decumulate, or spend down wealth.
This is an astonishing oversight, considering that...
Yesterday, JP Morgan Chase sparked Twitter rage when it tweeted (since deleted) the question: “why is my balance so low” and responded that people should be more mindful with their spending, by cutting out coffee, dining out, and short taxi rides. Chase...
