Many working Americans understand the importance of building a nest egg to pay the numerous bills they'll face in retirement. And make no mistake about it: Postcareer seniors often wind up spending as much as they did during their working years, and it's because many of life's expenses inevitably...
This has been a pivotal month for the more than 62 million people receiving a Social Security benefit check. Less than two weeks ago, the Bureau of Labor Statistics (BLS) released September's inflation data, giving the Social Security Administration the final data point needed to calculate the 2019 cost-of-living...
It started with a student loan for college. Then you bought a car and a home. Then you had some unexpected expenses that you charged to your credit card. Now you're staring down a mountain of debt and not sure which one you should tackle first.
It would be nice...
Social Security has announced changes for 2019 that include an increase to the maximum Social Security benefit payable to recipients who retire next year. In 2018, new retirees could pocket as much as $3,698 per month, but in 2019, they'll be able to collect up to $3,770 per month.
Your...
It's tough to save for retirement, and savers have to work hard in order to take full advantage of all the resources at their disposal. Tax-favored accounts like IRAs and 401(k)s are useful tools in helping you build retirement savings, and Roth IRAs, in particular, offer unparalleled benefits like...
Many people become the boss without having any specific management training. Sometimes you get promoted for reasons that have nothing to do with being in charge or directing the work of other people.
That's not an excuse to be a bad boss. You can learn how to manage, and it's...
Millions of seniors rely on Medicare to cover their health-related needs. But Medicare isn't a one-size-fits-all solution. In fact, the program has several distinct parts that enrollees can sign up for or opt out of.
Those who enroll in original Medicare will generally get free coverage under Part A, which...
BOOKS, BLOGS AND financial programs all have a message for you: Ditch your debt.
However, some finance experts say that advice is short-sighted. "Debt is a tool," says James C. Kelly, vice president and wealth strategist with financial firm PNC Wealth Management. He likens debt to a hammer. Depending on...
If you’ve just graduated from college and are new to the workforce, now is the best time to lay the groundwork that will set you on the path to financial independence.
If you’re in your 20s, chances are you’re new to the working world and still trying to find your...
When you have extra money, you can do several things with it. You could spend it, save it for a rainy day, or invest it for the future. If you're trying to increase your wealth, you know that spending is not the best option. But choosing between saving and...
