If recent volatility has you shopping around for a financial advisor for a bit of help navigating the current storm (the Nasdaq 100 is flirting with year-to-date lows once again after Friday’s market fumble),…
The stock market has generated substantial returns over the past decade. While some individual stocks have performed better than others, benchmarks like the S&P 500 and Nasdaq Composite have made many people happy. However,…
Stock market downturns are easier for young people to endure since they have plenty of time before they retire. However, people who are in their 60s and 70s don’t have as much time before…
Recently, DoorDash announced a partnership with Klarna that allows people to finance their purchase of food delivery. Users will be able to choose between paying immediately, making four interest-free payments on their purchase, or…
A Reddit user with a stay-at-home spouse is trying to determine if he is on track to retire early. He is 34 now and hoping to leave work between the ages of 45 and…
Pensions have been losing favor as more employers have shifted to retirement accounts like 401(k) and 403(b) plans. This shift continued as a Redditor’s pension was recently frozen. They are a 35-year-old in the…
A Reddit user is currently trying to figure out what to do with his money. He is 22 years old and makes $63,000 per year. He currently has $35,000 in his checking account, and…
When it comes to the FIRE (financial independence, retire early) movement, there are few things more sacred than the 4% safe withdrawal strategy. Generally considered the best way to plan for early retirement, there…
No matter what cash-back credit card strategy you use, the good news is that you can receive rewards just for shopping. While there is no question you will be able to earn cash-back rewards,…
There is a lot of misinformation and bias in the financial world regarding using a financial advisor. For better or worse, the “financial advisor” title often takes on a negative connotation that gives people…
There is a Wall Street saying that stocks are for people chasing wealth while bonds are for people trying to hold onto wealth. The types of risk involved and the structure of these different…
If you have more than one retirement account, you must calculate your required monthly distributions for each one of them separately. According to the Internal Revenue Service, you can aggregate your RMD amounts for…
For baby boomers who are thinking about retirement, one’s thought process may be much more complicated today than it was just weeks or months ago. When the market is in decline, as it has…
The story of former NBA All-Star Antoine Walker is a cautionary fiscal tale. During his NBA career, which included a 2005 Championship Ring as a member of the Miami Heat, Walker earned over $108…
File this next letter from the Reddit mailbag under the rubric: “Nice problems to have.” Our caller today, let’s call her “Sally,” describes herself as 30 years old and currently renting a house with…
