AI Is Huge Threat to Social Security
Some models of the effects of AI show more and more people will live into their 100s. Social Security cannot afford for people to live that long.
Personal Finance
All Personal Finance Articles
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Why I, a Financial Advisor, Question the Focus on Dividends Over Total Returns
A lot of retirees who live off passive investment income seem to care a lot more about dividends than the actual capital appreciation (or depreciation) potential of a portfolio. Undoubtedly, there’s nothing fundamentally wrong…
Invest $75K in Nvidia or Broadcom? A Strategy for Early Retirement
The artificial intelligence (AI) revolution has reshaped markets since 2022, propelled by breakthroughs like ChatGPT, which showcased AI’s transformative power. This has fueled massive gains for chipmakers powering AI infrastructure, with Nvidia (NASDAQ:NVDA |…
5 Crucial Credit Card Anti-Theft Measures You Shouldn’t Overlook
Credit cards are a convenient way to pay for purchases while racking up rewards for the things you’re buying. But they can also open the door to fraud. Credit card fraud was the most…
With an 800 Credit Score, Which Initial Card Hacks Offer the Best Returns?
The average American consumer has a credit score of 715, says Experian, one of the three major reporting bureaus. It’s a lot harder to get your credit score up to an 800 because…
The Typical 401(k)-Only Retirement: My Dad’s Story at 67
There’s a reason a lot of people opt to save for retirement in a 401(k). These plans make it easy to contribute toward your later years. You just sign up through your employer,…
I Have $600,000 at 29 — Should I Rely Solely on the Stock Market or Diversify?
In this piece, we’ll check in on the curious case involving a Reddit user who’s managed to save up $600,000 before turning 30. Undoubtedly, it’s an impressive feat that puts this r/Fire poster well…
$5 Million at 50-Something: Rich Enough to Retire, or Just Scared?”
While the full retirement age for Americans is 67, many savers find themselves dreaming of retiring early. Making that dream into a reality is easier said than done, considering the percentage of Americans who…
$4,000 Charged and Cleared in 24 Hours: Was This a Smart Credit Card Move?
There’s a reason credit cards tend to get a bad rap. Credit cards charge exorbitant amounts of interest when you don’t pay your balance in full. That could easily trap you in a…
Is Delaying Retirement at 70 Over a 4% Withdrawal Rule Smart?
A lot of people aim to retire early so they can enjoy life while their health is still strong. But in this Reddit post, we have someone in the opposite boat. The poster…
I’m supposed to inherit my dad’s estate, but his sister rewrote the will – can she really get away with it?
The subject of inheritance is a ripe one for mystery writers, playwrights and filmmakers. Festooned with all types of personal dynamics and potential grudges, hostilities, and past aggrievements, the inheritance and the will it…
After losing my spouse and hitting my financial goals, I’m retiring this year – how do I make sure I don’t get bored?
A 54-year-old Reddit poster has achieved her financial goals, and she feels like she’s ready to retire. However, while she is excited about the prospect of leaving the corporate world and all its hassles…
Finding the Ideal Balance in a High-Yield Savings Account
For some people, putting all their money into the stock market isn’t the safest place to park it. Everyone has their own financial needs and what they might want to get out of their…
From $150K to $7M: One Investor’s Rapid Rise
Most people say the first $100K is the hardest to save. Since you are starting from $0, compound growth isn’t working very well for you yet, so you have to earn almost all of…
What Are The Benefits Of Using A 5% Cash Back Credit Card?
If you think about what type of credit card you want to use, between cash back, travel rewards, or store-branded cards, you must think long and hard about the benefits. In the case of…