There's a lot of mystery surrounding Social Security. How are benefits calculated? (There's a specific formula, but it's complicated.) Will benefits be cut in the future? (It's possible, though some lawmakers will work tirelessly to avoid having that happen.)
SAN ANTONIO (KABB/WOAI) - The Federal Reserve's attempt to rein in soaring inflation in the form of another three-quarter-point rate hike will have many of us paying higher credit card bills.
"If you're in that situation where...
For most people, the word “budget” is akin to “diet” in terms of how uncomfortable it makes them feel. Just the thought of creating and sticking to a budget is enough to make some people throw in the towel before they even begin. Despite this understandable reaction, budgeting doesn’t...
A visit to a doctor’s office is about as personal — and for many, uncomfortable — as it gets. If you’ve come to the office with symptoms and had tests done, the physician might even have an unpleasant reveal for you about...
When it comes to retirement savings, 401(k) plans are an essential component for most Americans. 401(k) plans allow workers to save a portion of their pre-tax income and invest that money to grow over time. However, determining how much to contribute can be daunting, especially in times of economic uncertainty....
Americans weighed in on whether a comfortable retirement is out of reach as experts warn of a blooming crisis.
Florida residents gathered at the Flying Biscuit Café in The Villages on Friday and shared their thoughts on...
Most people think of their future earning potential as only going in one direction: up. But for some workers, there are legitimate reasons to reverse that trajectory and take a pay cut.
Some employees may accept reduced wages to stage a career change. Others may need to scale back on...
After a wild on Wall Street, investors are nervous.
The Dow Jones Industrial Average DJIA, -3.10% has been on a rollercoaster ride this week, closing down 799 points Tuesday, giving investors reason to fear that the 9-year bull market, the longest since World War II, is coming to an end....
Spoiler: It's not nearly enough.
With inflation as high as it is, you may be having a hard time saving any money for retirement. You're not alone, nor is this a new problem. Even many seniors who...
A new survey from Northwestern Mutual found that Americans now believe they’ll need to save $1.46 million to retire comfortably. That figure has jumped 15% over the past year and 53% since 2020, Northwestern Mutual reported.
Americans’ actual savings...
