Baby Boomers who learned about finance from the 1960s-1980s developed their notions about financial risk, stocks, and bonds during the past WWII era: The Eisenhower, Kennedy, Johnson, Nixon, Ford, Carter, and Regan years. During…
One of the most important decisions you might make as a retiree is filing for Social Security. You get what’s generally considered an eight-year window to sign up for benefits that begins when you…
I’m sure you’ve heard the many stories of the fortunes being made by people who’ve held onto company stock throughout their careers. Undoubtedly, a vast majority of the success stories of newly minted millions…
Key points: A Roth 401(k) is useful in certain situation, especially if you will have higher taxes later. Very few people can afford to have multiple retirement accounts, so picking one is the usual…
Your Social Security filing age impacts your monthly benefits. Be careful when claiming early and consider a later filing if your savings are limited. Know how your wage history impacts your benefits. Also: Take this…
At some level we probably all fantasize about being the idle rich, having so much money we can do what we want. Yet as enticing as it sounds, remember the old saying, be careful…
We all look forward to quitting the rat race and retiring, but letting go of a steady job and living off our savings isn’t easy. Suddenly, a lot of things are beyond our control…
Wealthy single individuals who navigate the dating waters often need to be concerned with gold diggers, fake sexual harassment shakedowns, and blackmailing gigolos. Community property and equitable distribution are now the law of the…
24/7 Wall St. Saving for retirement is easiest when you save a little at a time. If you’re behind on saving for retirement, it’s important to increase the amount of money you stock away…
It’s seldom a good idea to put your eggs in one basket, especially if you’re poised to inherit shares of a company that you may not be familiar with. Undoubtedly, even if you’re a…
Medicare’s fall open enrollment ends soon, which means retirees will soon have to make up their minds as to whether they choose to stick with original Medicare, or choose to switch to Medicare Advantage…
It can be pretty tricky to transition into a retirement lifestyle, especially if you’ve been a career-oriented workaholic throughout your career. Undoubtedly, it’s not just the drastic lifestyle change that could be a shocker…
Carl Icahn of Icahn Enterprises offers valuable insights as a successful businessman and investor. Those in their 20s can refer to Icahn’s quotes when starting their careers. Also: Discover the Next Nvidia. Carl Icahn is…
Dave Ramsey is a renowned personal finance expert and is certainly a divisive name in the world of personal finance. There are plenty of other experts on the subject matter who wholeheartedly disagree with…
An engagement ring is one of those costly purchases that’s actually not a great investment for the long term. Indeed, you’re sure to hear many rules of thumb for how much one should spend…