Though owning a home has long been hailed as the American Dream, that's not necessarily the case when it comes to retirement. Since 1990, homeownership has declined among 55-64 year-olds, and experts expect this trend to continue in the coming years.
Of course, owning a home in retirement has certain...
Cruise lines are notorious for having a nickel-and-dime mentality. But that shouldn’t stop you from setting sail on the high seas. With a little insider info and some money-saving tips, booking a cruise without breaking the bank is well within reach.
Before your next cruise, you’ll want to keep these...
Whether it’s a hotel stay, shopping or dining out, a vacation to Paris can be a pricey proposition, especially if you’ve got your sights set on an upscale trip. But there are plenty of ways to stretch your dollar in the City of Lights and have a high-end getaway.
Barkley...
If you’re concerned about having enough money in retirement, you’re not alone.
And if you’re behind on savings, you’re in good company there as well. The average American’s 401(k) balance just reached $104,300, while the average IRA balance hit $106,000, according to Fidelity. But while these numbers actually represent an...
Chris Reining isn't your average retiree. He said goodbye to his working years at 37, and is now financially independent, living his life on his own terms.
Growing up in a middle-class family in Illinois, Reining says he did well in school, earned scholarships, and attended the school that paid...
Challenger bank Revolut is to let customers create disposable virtual cards to make purchases online, in a bid to stamp out fraud.
From today, customers of the digital bank will be able to use their Revolut app to generate card details that are then destroyed after being used for a...
Your nest egg is made up of two component parts: the contributions you diligently make to your retirement accounts throughout your career, and the investment returns that those contributions earn for you.
Not surprisingly, your contributions — and those of your employer, if you receive matching funds in your 401(k)...
Saving money is one of the most important aspects of building wealth and having a secure financial foundation. Yet many of us have learned the importance of saving money through trial and error, and more importantly, experience.
In school, we aren’t really taught about the importance of saving and many...
Americans have a hard time putting money away: 44 percent of Americans said they could not come up with $400 to cover an emergency expense in 2016. According to a brief from the Aspen Institute, a policy nonprofit, “one-third of Americans struggle with income volatility,” and 60 percent of...
It's no secret that Americans on a whole are facing a retirement crisis. It's estimated that nearly half of all households have no money set aside for the future, and while younger workers have a decent opportunity to catch up, older workers have fewer options.
Unfortunately, most Baby Boomers nearing...
