24/7 Wall St. Key Insights: A financial advisor doesn’t just manage investments, though that is their main function. Working as a logical counter-weight to emotional decision-making, financial advisors can be a huge help during…
Those who have been fortunate enough to make significant amounts of money should feel no shame in taking care of the less fortunate and should be eager and willing to share the blessings of…
24/7 Insights This Redditor is set to make $11 million from the sale of their business. There is a question of whether a robo-advisor or wealth manager is better. We are missing some info…
from 24/7: There is no one-size-fits-all method of managing finances for married couples. Combining finances is a sign of trust and can help strengthen a marriage. Learn more about taking charge of your investment…
A will is a legal document that lays out your wishes upon death. Wills are commonly considered financial in nature because they detail how you want your assets distributed and appoint one or more…
24/7 Insights There are a few financial conversations you need to have before turning 50. It’s important to have a plan for all kinds of eventualities. Making plans about end-of-life is among the most…
24/7 Insights Hiring a financial advisor can be expensive, and its not for everybody If you have enough money to afford a financial advisor, then your only goal would be to make more money,…
It’s the home stretch to retirement for members of Gen X—people born between 1965 and 1980. The oldest members of this generation are 59 years old. It’s shocking to contemplate, but yes, the generation…
24/7 Insights Are financial advisors worth an annual percentage? This Redditor is unsure if he should keep paying the equivalent of a new car every year. There are some benefits to having a financial…
In another episode of, “Why are Rich People So Weird,” we explore why rich people love to humble-brag so much. We have a Reddit post from the subreddit “r/fatFIRE,” (wealth and financial independence/retire early/retire…
Meet Carol, a 64-year-old retiree who has been carefully planning her financial future for years. Carol initially intended to delay claiming Social Security until she turned 70 to maximize her monthly benefits, but now…
This post is coming from the subreddit r/fatFire (Retire with a fat stash). The title is: “At $10M NW, should we use a fee-only financial advisor, a robo-advisor, or manage ourselves? How did you…
24/7 Wall St. : A Redditor wonders if fully funding a child’s college education is the right option. There is a delicate balance between letting your child graduate debt-free and meeting your own retirement…
The annual cost of living adjustment (COLA) by the Social Security Administration (SSA) to Social Security payments for 2025 is expected to be 2.5%, the smallest COLA increase in the past three years. In…
24/7 Insights This Redditor is considering making home improvements to their starter home. She and her husband recently paid off outstanding credit card debt. There is a question about using savings or taking out…
