Determining the best way to ensure your financial security can seem overwhelming.
For James and Michelle Bethe, deciding what to do with the $200,000 they had in savings had them at a standstill. As a teacher, Michelle, 36, has...
When we think of retirement, most of us think of accumulating a large sum of money and then spending it down gradually. One of the best insurance policies to prevent spending all of your money is to have numerous sources of income in retirement. As...
Cost remains one of the biggest hurdles to electric vehicle adoption. Most of today’s EVs sell for higher prices than fossil fuel-powered vehicles, and that’s keeping a lot of people from purchasing one.
That might soon change....
A 401k statement rests on top of a U.S. Federal 1040 income tax return and is photographed using a very shallow depth of field. This image conveys the tax implications of saving for and taking distributions from retirement accounts.
Retiring early isn't all...
"We're having a meeting." Those four words are the bane of every productive worker's existence.
Meetings have become a major problem. In fact, research from MIT Sloan Management (opens in a PDF) found the average employee spends about six hours weekly in scheduled meetings, while senior managers spend as much...
Roughly 58% of Americans say the coronavirus pandemic is having a negative effect on their retirement savings, while 72% say the crisis has made them rethink their retirement savings strategy, according to a recent survey by Allianz Life. These statistics show real...
Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion strategically is key to maximizing the benefits. A recent Schwab retirement planning report recommends three tactics to reduce your Roth conversion tax...
First, we stopped paying for things. Gym memberships, movie tickets, Ubers, restaurant bills, fancy clothes.
But as the pandemic carried on and more of our lives switched from in person to over screens, we started racking up new costs....
People who are planning to retire soon and have a mortgage with a higher interest rate should consider a number of factors before they refinance such as the length of time they plan on living in the home and how it will...
After leaving their jobs, 41.4% of Americans withdrew funds from their previous employers’ 401(k) plans, and 85% of those completely depleted their balances, according to a study published by the UBC Sauder School of Business.
After leaving their jobs, 41.4% of Americans withdrew funds from their previous employers’ 401(k) plans,...
