With the S&P 500 officially in correction territory and mounting fears that tariffs and trade wars will lead to a nasty economic downturn, it’s not too difficult to envision the 10% drawdown turning into…
You may have heard the rumor that Social Security is about to go broke. And thankfully, that’s all it is — a rumor. Social Security can’t go broke because it gets funded by…
In today’s financial world, there’s a clear lesson to learn in that you shouldn’t hesitate to invest money in retirement. There are no guarantees around income or market growth, but every cent counts, so…
The decision to leave a job you love is not an easy one. It can be difficult to not only break from your routine, but stop having daily interactions with the colleagues you’ve come…
In the next 20 years, an astounding $84 trillion in assets is set to change hands as older Americans leave their wealth behind to loved ones. But it’s a big misconception that estate…
The sudden, premature demise of a sibling is always a tragic event. Still in the prime of life, possibly only recently married, looking forward to the prospects of wedded life, having children, and raising…
It’s an unfortunate fact that many Americans enter retirement without savings. People in that boat inevitably wind up heavily reliant on Social Security, to the point where it’s their only source of income.…
It feels natural to run to safety whenever the stock market corrects, threatened by tariffs and the potential for an otherwise robust economy to slip into recession. Indeed, the fear is we may just…
Zero-interest credit cards may be tempting to some individuals who can’t quite make the full payment on their statement in any given month. Undoubtedly, those who put things on credit with the intent to…
Investing in the stock market is a common path to wealth that can outperform bonds, high-yield savings accounts, and other assets that are deemed as “less risky.” Some investors gradually reduce their exposure to…
There are many reasons people renovate their homes. Quite often, it’s for personal enjoyment and comfort. Sometimes, a homeowner wants to increase the value of their property and chooses renovation projects accordingly. Regardless of…
As your retirement gets closer, you might have to make some tough decisions, such as whether to downsize your home or whether to relocate to a warmer or cheaper part of the country. Another…
When we think about credit cards and the best cash-back and travel options available, there is a good chance you won’t hear anything about store-branded credit cards. The biggest issue isn’t that these cards…
“The rich get richer and the poor get poorer.” That’s according to finance coach Dave Ramsey. Anna Webber | Getty Images About This Article Over the last three decades, the top 1% of the…
At this point, a good number of older Americans are probably making plans to retire in short order. But whether they can afford to is a different story. A recent Northwestern Mutual report…
