Spouse Tuned Out on Money Matters? 3 Ways to Get Them Engaged
When you’re married, it’s not a given that you and your spouse will do every single thing together. It may be that one of you likes to attend concerts while the other prefers…
Personal Finance
All Personal Finance Articles
Newest first · Page 365
If These 5 Things Happen, the 4% Rule in Retirement Might Be Doomed
The 4% rule is a popular strategy that involves withdrawing 4% of your portfolio each year to cover living expenses. This strategy applies to retirees and can help you gauge how much money you…
My father retired early and it ruined his life. This is what went wrong
Retiring early is a good goal for many people and it can often lead to happiness — if you have plenty of money saved and a clear plan for what to do with your…
I Don’t Agree with Dave Ramsey on Everything, But He Nails These 4 Points
There is a lot that I disagree with Dave Ramsey about. For one thing, I think he is dead wrong about credit cards. While he discourages their use, I think cards are a great…
3 Reasons Why Having a Mortgage in Retirement Isn’t So Bad
It’s natural to have certain goals you want to meet in time for retirement. Those could include having a certain amount of money in your IRA or 401(k), or having a specific amount of…
Most Americans Don’t Know These Mortgage Basics
Thousands of Americans seeking financial advice turn to Dave Ramsey, the master of paying off debt and building wealth. Recently, Ramsey has made a prediction: mortgage rates will soon decrease. He says this is…
Did Your Income Rise in 2024? 3 Tax Moves You May Want to Make in 2025
No matter what line of work you’re in, your goal may be to see your income increase from one year to the next. So if that’s exactly what happened in 2024, you may be…
I’m 32 with $100k saved for retirement and wondering if I should withdrawal some to help my aging parents who have nothing
A 32-year-old Redditor is married and has four kids, but the Redditor also has two aging parents who need financial support. It’s a tough situation, and the Redditor is considering pulling out of a…
3 Retirement Steps to Take in Your 60s to Avoid Huge RMDs in Your 70s
The average retired Social Security recipient collects $1,976 monthly, while the average couple receives $3,089. While some retirees have arranged their finances to live on Social Security benefits alone, most Americans need other sources…
I’m a 51 year old recently divorced nurse with no retirement savings. Can I save $1 million by the time I am 64?
By the time you are in your 50s, you should ideally have around six times your annual salary saved. Unfortunately, not everyone can make that happen. One 51-year-old Reddit user is among those without…
Considering Early Inheritance? How to Navigate Gift and Estate Taxes
Families are often able to build up a substantial net worth through owning property, like a farm, or a small business. Unfortunately, time and time again, a patriarch’s plans to pass his legacy on…
Baby Boomers Used to Love Timeshares – Here’s Why They’re Usually a Terrible Idea
In many ways, timeshares have been hugely popular because they allow you to plan a vacation properly. As they frequently cost less than staying at hotels multiple times a year, you can travel to…
This Social Security Misconception Could Be Costing You Big Money
A Reddit poster recently raised questions about whether online Social Security calculators are taking all of the relevant details into account. Specifically, the Redditor claimed the calculators are wrong because when you perform break-even…
I am 60 with a net worth of $3 million. How can I pay the least amount of taxes possible?
As is the case with anyone nearing retirement age, thinking about minimizing taxes and reducing any future RMDs (Required Minimum Distribution) should be top of mind. The last thing you want is to find…
My fiancé won’t stop funding his family’s luxurious lifestyle and won’t save money for our future – what can I do?
 Managing money in a relationship can be complicated and things can get even worse when your partner’s family also becomes involved in money matters. This is the case for a Reddit poster who is…