It’s no surprise the term “Retirement Red Zone,” coined by Prudential a few years ago, caught on so well with financial professionals and the public. Americans love sports. And we love metaphors. This one perfectly describes those critical years just before and...
“Being financially literate is not a luxury; it is an obligation to yourself and your family,” says Jill Faherty Lloyd of Evercore Wealth Management.
On average, women outlive men by about 5 years. Lloyd, who manages money for high...
Most Americans are not financially prepared for an emergency.
And there’s a key reason why: They have not set up a dedicated account to save for emergency expenses.
Furthermore, they have not set up automatic transfers...
By the age of 30, Grant Sabatier had earned over $1 million through a combination of reducing his spending and boosting his income. Today, at 34, Sabatier is the founder of Millennial Money and author of “Financial Freedom: A Proven Path to...
Americans are turning to up-and-coming fintech firms instead of traditional banking options to pile on debt.
The unsecured personal loan market hit an all-time high last year, surging 17 percent year over year to $138 billion, according to data...
Are you married? Chances are you’re planning to file a joint tax return.
However, that may not be the best choice.
In 2016, just 5.3% of married couples chose to file separate returns, according to data...
When Barack Obama ran for president for the last time in 2012, sweeping reform of our college financing system wasn’t even on his agenda, let alone that of his Republican opponent Mitt Romney.
Fast forward just seven years and...
TO BECOME ELIGIBLE FOR Social Security disability benefits, you must be unable to engage in substantial gainful activity. However, you may be able to earn a small amount of income while receiving Social Security disability payments.
“It is possible...
Emergencies are expensive.
On Wednesday, personal finance site GoBankingRates.com unveiled calculations for how much different emergencies might actually cost the average American, using Census Bureau, FEMA, HomeAdvisor, Insurance.com and other data. And brace yourselves, America, most of them cost...
Forget about that gigantic refund: What you really want from the IRS is a tax balance of exactly zero and no big check.
That’s because hitting zero with the taxman — that is, neither owing a balance nor receiving...
