Personal Finance
Personal Finance Articles
According to a 2024 MassMutual survey, the average American worker retires at 62, up from 57 in 1991. Given that the average life expectancy of Americans in 2024 is 79.25, which is nearly four years...
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Experts say it’s better to wait to claim your Social Security benefits. And while it’s true, we all have different financial needs. Sure, you can always delay retirement, which will increase your...
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The cost of college is no joke. The annual cost of a college education at a public institution has grown from $394 in 1970 to $9,750 today. It is substantially more expensive at a private institution...
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Life insurance is something that many of us don’t really want to think about. Doing so involves contemplating our demise. And while I like to think I’m going to live forever, that’s not the...
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It may be true that great power requires great responsibility, but I think that’s a concept that’s true of households that have built significant wealth. Plenty of Reddit posts have put forward...
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24/7 Wall St. Key Takeaways: Changing retirement plans is very common, but it’s important to understand exactly how changes will affect your goals. Focus on maintaining flexibility, as you never...
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At some point, you probably thought about quitting your job. Maybe it was the bad pay, a terrible boss, hostile work environment, or virtually no life-work balance. Or you simply thought your skills...
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You have likely seen the shock headlines that most Americans don’t have any savings and would be financially ruined if an unexpected emergency costing $400 or more arose. Financial guru Dave Ramsey...
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Some folks don’t feel wealthy enough or prepared for retirement, even with several millions saved up. Indeed, it can be pretty difficult to draw a line in the sand and say, “what I have is...
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Getting to the top takes hard work. But staying there is even harder. Yes, indeed. It’s not easy having it all and then losing everything. But that doesn’t mean you can’t bounce back from even...
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Gen Z gets dumped on a lot about its work ethic. They are often stereotyped as lazy and less motivated than their older counterparts; want higher wages for low-skill jobs; and want work schedules to...
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24/7 Wall St. Key Takeaways: Retirement is just as much about mental preparedness as it is about financial preparedness. Sadly, many workers avoid retirement due to anxiety – not because they...
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It is a common misconception that most millionaires are trust fund babies who didn’t work for their money and contributed nothing to society to obtain their wealth. It’s why politicians find it...
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24/7 Wall St. Insights Jamie Dimon, CEO of JPMorgan Chase, has countless quotes that are applicable to professionals of all age groups. Individuals in their 50s can learn from Dimon’s experience...
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24/7 Wall St. Key Takeaways Deciding what to do with a large windfall is never easy. It isn’t just about numbers in many cases. It’s about doing the right thing. Using a large windfall for your...
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