Tax scams abound year-round, but people over 65 are targeted even more frequently during tax season.
Why? A certain amount of money is in play at this time as taxpayers are figuring out what they owe Uncle Sam and...
During retirement, you’ll have a lot more freedom. You won’t have to answer to a boss anymore, or meet important work deadlines.
But just because your hours are your own doesn’t mean you don’t have to live by some...
A key financial question for retirees is what to do with their hard-earned retirement savings. For example, some investors may find it more fulfilling to provide a college fund for grandchildren rather than purchase a second home for themselves. The opposite can...
Few programs shoulder the importance that Social Security does. Each month, nearly 63 million people receive a benefit check, of whom 43.7 million are retired workers. Of these retirees, better than 60% rely on their payout to account for at least half...
Retirement: It’s something everyone has to do eventually, and that many people look forward to. Unfortunately, retirement is also a major source of worry for millions of Americans — largely because of concerns about where, exactly, cash is going to come from...
Chances are, Social Security will constitute a major income source for you in retirement, which is why the decision to file shouldn’t be taken lightly. Eligible seniors get an eight-year window to claim benefits that begins at age 62 and ends at...
If saving money were an easy thing to do, many Americans would have much more in the bank than they have today. The sad reality, however, is that 40% of U.S. adults don’t have the cash on hand to cover a $400 emergency.
Now that the financial independence, retire early (FIRE) movement is growing more mainstream, you can’t throw a rock without hitting someone who thinks the whole thing is a bad idea.
And there are legitimate criticisms of the concept, from...
So, you’re in debt. That’s pretty common in America, where the average personal debt hit $38,000 in 2018 — not counting mortgage debt.
But, just because it seems like everyone is indebted doesn’t mean you have to be. In...
The number of 401(k) Opens a New Window. millionaires fell precipitously in the fourth quarter of 2018, amid increased market volatility after December registered as the worst month for stocks Opens a New Window. since 1931.
The amount of...
