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How Inflation Is Impacting Retirees in 2025
Inflation isn't going away any time soon, which can take a toll on retirees. This article explores why inflation is sticking around and how you can cope with its effects
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How To Make Your Money Last As Long As You Do In Retirement
The main goal of investing for retirement is building up enough wealth to cover your living expenses (and pay for fun) for as long as you live. The problem? There is not a single soul on Earth who knows when they’re going to die. You can speculate all you want, but the reality is, you don’t know if you’ll last until 85
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The Fed is confident it can stave off a recession in 2022, but others aren't so sure
A growing number of experts see a recession on the horizon, but the economic community is split. Fed chair Jerome Powell believes the US can still
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Want to Retire Rich? Here's the Tough-Love Answer
If you're like most Americans, then you aren't saving enough for retirement, which could be a major problem for you later in life. There are plenty of
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Have an HSA? Here's Why You Shouldn't Tap It Just Yet.
Saving in an HSA, or health savings account, is a great way to help ensure that you'll have money on hand when healthcare expenses arise. But
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The 5-Minute Morning Routine to Organize Your Finances
Keeping your finances organized is an important part of building wealth, and it doesn’t have to take much time.
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Three Replacements for Stretch IRAs
The elimination of the Stretch IRA is a game changer, especially for parents who were considering bequeathing savings in IRAs to their kids. "For a lot of people, the bulk of their wealth has been established in their IRAs," said Michael Repak, vice president and senior estate planner with Janney Montgomery Scott. "Thi
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What Happens to Your Retirement Plan When You Switch Jobs
When switching jobs, there are a number of considerations for what to do with the money in your previous retirement plan.
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Minimizing Taxes When You Inherit Money
Illustration by Cha Pornea Unless you spend your winters in Aspen and your summers in the Hamptons, you probably don’t have to worry about paying
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COVID-19 Has Proved That All Businesses Need a Backup Plan. Here's How to Put Yours in Place
It's estimated that more than 100,000 small businesses have permanently closed their doors in the wake of COVID-19, and many more have no doubt come close. Thankfully, there's been some relief for small businesses during the ongoing crisis and recession. Paycheck Protection Program loans, for example, have been instrum