At the moment of retirement, our paycheck stops like a light switching off. (Click!) For many, Social Security checks are significantly lighter than a regular paycheck, and yet, most of us still do next to nothing to adjust to this new reality.
The dread fear of retirement is living so long that you run out of money. Of course, there will be Social Security, but as many seniors are finding o...
Following the roll-out of the Affordable Care Act (ACA), many employers have seen their health care costs rise. Our new report, "2014 Employer-Sponsored Health Care: ACA's Impact," shows some will pass those new costs onto their staff.
If you're in a need-to-move situation and can't sell your home, you may be in better shape than you think. Throw off the negative thoughts and the "sell when I can" attitude and think like an investor.
America loves an underdog, a scrappy competitor who manages to beat the odds. By staying so low for so long, interest rates have not only beaten the odds in recent years, they've laughed right in their face. The question is, how long can interest rates keep doing it?
Is a student loan a loan? For those students who understand their obligation through all the fog and repay them, sure it is. But for most students, a loan is something they try to forget.
So when I picked up a recent call, I braced for impact! Some calls are really weird, other times someone is soliciting my business. This call wasn't a question about investing either.
Because most of your summer expenditures are made in relative proximity to the time to shop for your little debt machine's return to school, it's critical to get your budget right, and stick to it.
For many people, their home is their biggest investment, so it only makes sense to think of it as part of what you have 'set aside.' But while your home is definitely part of your overall net worth, how it factors into your retirement savings depends on more than your current equity. It depends on whether or not you're going to turn that equity into cash when you retire.
With people living longer and pension plans on the decline, individuals are forced to create their own retirement plan that may last 10, 15 and even up to 30 years. Adding other generations into the mix, as well as needs for insurance and long term care planning, individuals have obstacles to clear out.
A 529 is an IRA-like education investment account that allows consumers to invest in mutual funds, withdrawing the money later to cover tuition, books and other educational fees.
You could really argue that having credit card debt in the first place is a mistake. However, credit cards can be a great financial tool as long as they are used responsibly. Think before you charge.
Ever indulged in that dream of basking in the sun by your cabin on the lake while you're still young enough to enjoy it? Early retirement -- the id...
Living without credit is possible. Is it advisable though? Is it accomplishable without frustrating limitations? Those are different questions.
For financially challenged seniors who only want a cell phone for emergency purposes or occasional calls, there are a number of inexpensive no contract plans you can get. Or, depending on your income level, there are also free cell phones and monthly airtime minutes you may qualify for.
Start saving for retirement today! While your kids may not like the fact that you won't co-sign for a student loan or even give them money toward college, it may be the right decision for you.
We have all made investments that we'd like to forget about. You know the one. The one that had such great promise only to plummet like a runaway elevator in a horror flick!
In these post-Target-breach days of heightened worry about credit card fraud, the arrival of EMV (which stands for Europay, MasterCard and Visa -- the card companies that spurred its creation) in America is a big deal. After all, about half of the world's credit card fraud reportedly happens in the U.S., due in large part to our preference for mag stripe cards.
Private lenders are increasingly offering lower rates than the federal government for high credit-quality graduate students. So if you're in that position, should you take advantage of it?
The "real world" right after graduation may look a little different than you or your son anticipated. But that doesn't mean he should stop trying to get a good job -- or that you can't help him get a handle on real-world finances.