Many people are able to retire from the workforce in their mid-60s, but the more important factor is how much money they’ve been able to save throughout their lives.
When you quit your job, you can usually leave the money where it is, roll it into a different retirement account or cash it out. Here’s how to decide the best option for you.
Investing in overseas markets is often a sound idea, and the combination of lower share prices and weaker currencies could make those markets particularly good value now.
Buying a car is usually a stressful event, but take some of the guesswork out of the process by knowing what you can afford to pay. Then, consider our tips to lower the total cost.
If you’re considered a risky driver, your state might require you to have an SR-22 form to prove that you’re carrying the required minimum amount of car insurance.
Tom Brickman left his 9-to-5 behind before age 40 thanks to years spent learning about real estate investing. He owns and rents out 19 properties in Texas and Ohio.
A centerpiece of being human leads us to make financial mistakes. Here’s how to keep emotions and biases from getting the better of you and your money.
For a healthy perspective and relationship with money, we must focus on the past, pay attention to our present relationship with money and plan how we are going to improve our own financial wellbeing.
Your net worth is a good indicator of your financial wellbeing because it shows the relationship between your assets and liabilities as they adjust in your lifetime.
If you’ve ever gone into credit card debt buying gifts for the holidays, or if you've ever broken your budget trying to pay for your pet’s vet checkups, a revolving savings account may be just what y
With news of an economic downturn, many of us are asking is there a recession coming in 2022? In this guide, we cover everything you need to know to protect your finances and survive another economic recession.
Plan to retire early? Have a substantial retirement account built up? Then Rule 72(t) can help you access those funds early and without penalty before you reach retirement age.
Life is a risky business. Annuities, or contracts with insurance companies, can help mitigate those risks, providing a lifetime of steady income or protections in a volatile market. But be warned, the
This savings challenge isn’t right for everyone, but it could help you sock away thousands of dollars in just a few months, particularly if you take on the 100 or 200 envelope challenge.
There is no direct tax credit or deduction for travel expenses, but you may be able to deduct some of your travel costs if you’re a business owner or independent contractor.
There are no credit card debt relief government programs available—except for active military members—but you can seek alternative remedies from your card issuer.
Paying just a fraction of the purchase at checkout can be a helpful budget stretcher. But if you’re not careful it can make a mess of your financial life.
You can roll your 401(k) funds over to an IRA when you leave a job using either a direct or indirect rollover. By rolling over to an IRA instead of another 401(k), you’ll have more control over your i
Personal loans can help you pay off a major expense or build credit, but shopping around is critical. After all, not all personal loans are created equal.
Through aggressive saving and investing strategies the retirement age doesn’t have to be 65 anymore. Following the FIRE movement could have you financially independent by the time you turn 40.
Hit with a big financial emergency and need some quick cash to cover it? You might look to your 401(k) savings, but beware of the possible pitfalls of tapping into retirement savings.
Employees of nonprofit organizations, schools and churches can defer up to $20,500 per year into their 403(b) plan. They may also be eligible for employer contributions and certain catch-up contributi
The CARES Act allowed eligible plan participants to take early distributions from their retirement accounts and to take larger loans from their 401(k) plans.
Pumpkin pet insurance has only been around since April 2022, but it has quickly gained traction with customers looking to insure cats and dogs, young and old.
The age U.S. workers tend to retire is 65. It’s different from the age where they become eligible for Social Security, and from when they hope to retire.
A SIMPLE IRA is one of the more common retirement accounts that employers offer. Here is everything that you need to know to decide if taking part in yours is beneficial.
The 2001 recession is most closely linked with the dot-com boom and bust, but the reality is that there were numerous factors that brought on this “mild” period of economic decline.
