Self-Made Millionaire Reveals the 5 Things He Will Never Do
It seems an obvious idea today, now that it’s been expressed, but Charles Dickens is said to be the first author to put into words the advice: “Never say never” (in his first novel,…
Personal Finance
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Inherited IRAs and RMDs: The Hidden Risks for Heirs
The aftermath of a loved one’s passing is a somber occasion. While a family may still be in mourning, handling the deceased’s affairs can be an emotionally difficult period. Nevertheless, the dating of one’s…
For 2025, Is It Better to Invest or Save? The Smart Way to Balance Your Financial Goals
In 2025, the age-old debate between investing and saving takes on greater meaning following the dramatic upward trajectory of the stock market over the past two years. It’s not often we have back-to-back years…
The Largest Social Security Check Baby Boomers Can Receive in 2025
Baby Boomers are currently between the ages of 61 and 79. Many people within this age group are already receiving Social Security while a good number have yet to claim their benefits. For those…
Retirees: 5 Low-Volatility ETFs to Own If You Don’t Want to See Your Nest Egg Crash
Aspiring retirees spend many years saving up money so they have a large enough nest egg for retirement. It’s common for young investors to pour their money into growth-oriented stocks and funds. However, retirees…
3 Reasons to File Your Taxes Early This Year
Most years, tax returns are due on April 15 unless that date happens to fall out over a weekend. And because April 15 is a Tuesday this year, that’s precisely when your 2024 tax…
Suze Orman explains why people have to stop using this old retirement rule as a crutch
When it comes to retirement, there are some longstanding rules of thumb many people rely on. Unfortunately, finance expert Suze Orman has a warning about one of those rules. Orman has urged people to…
The Top 4 Questions to Ask Before Choosing a Medicare Advantage Plan
Once you turn 65, you’re generally entitled to Medicare coverage. But you don’t have to stick with original Medicare (Parts A and B plus a Part D drug plan). Instead, you could sign up…
I’m in my early 30’s and seeing people have nice cars and houses and I don’t understand how to get there financially
A caller to the Dave Ramsey Show commented recently that she feels like she’s falling behind her peers in terms of her possessions. The caller explained to Ramsey that she sees other people with…
I Used to Think a Roth IRA Was the Ultimate Retirement Account, Until I Learned These 8 Drawbacks
Everyone has an idea about what the perfect investment and retirement strategy is, everybody feels like they have everything figured out. The thing is, the American financial system is so complicated and so ridden…
Leaving Your Job? Here’s Your Best Move for That 401(k)
Around one in five Americans has a dormant or forgotten 401(k) plan that they left behind when they left their job, and estimates suggest more than a trillion dollars in forgotten assets are in…
I retired early 5 years ago and this is the #1 biggest downside of my decision
Sometimes, our retirements fail to live up to the sky-high expectations we've set throughout a lengthy career. The golden years are supposed to be a time dedicated to traveling the world, sharing memorable experiences…
I moved to the US about 11 years ago and I went from making $7k in a foreign country to having $3 million today
A lot of people end up wealthy by virtue of starting out wealthy. We all know at least one or two people who were born into well-off families, got their college paid for by…
Going Back to Work After Retiring? Here’s How It Affects Social Security and 401(k)s
Some retirees find themselves going back to work. Rising financial costs force some people back to work, while others still want to be a part of a work community. Working also provides a sense…
I’m 20, grew up poor, where can I find a rich mentor or rich friend to show me the ropes?
A 20-year-old Redditor posted in the Rich subreddit about their quest to find a rich friend. The individual was not born into money and wants to surround themselves with financially affluent individuals. The goal…