Personal Finance

Personal Finance Articles

A similar question was recently posted on Reddit, which you can see here. About This Article: While 46 is much younger than most retirees, it can be done. One of the best things to do if you’re...
If you have children and a fairly sizeable annual income, shopping around for life insurance options sooner rather than later can save you quite a bit of dough. Undoubtedly, buying a multi-decade...
Experts say it’s better to wait to claim Social Security benefits. But for many of us, the advantages of early collection outweigh the disadvantages. In fact, with millions of us facing different...
24/7 Wall St. Key Takeaways: The Reddit post I’ll explore today shows that early retirement is far more than just a number in your bank account. Often, leaving the workforce is more complicated...
Nothing is certain but death and taxes, even in retirement. Perhaps because many believe their tax bill will be lower when they’re no longer working, they have no plans to minimize their taxes...
24/7 Insights This Redditor has a net worth of around $4 million.  His wife is eligible for full retirement benefits in 12 years.  It’s very unlikely they are ready to call it quits from working...
One of the biggest risks facing married couples is an unfair balance of financial habits. In fact, as noted by Suze Orman, “According to the New York Life survey, more than 6 in 10 men report they...
At some point, you’ll want to retire and just take it easy. Unfortunately, many of us may not be saving enough if at all. In fact, according to the Federal Reserve’s Survey of Consumer Finances,...
The main point of life insurance is to provide financial support for your loved ones after you pass away. But life insurance offers various tax benefits including ones that you can take advantage of...
Although heading into retirement is supposed to be when you finally take your foot off the gas and coast into a time of greater leisure activities, for a large and growing number of Americans, that...
24/7 Insights This Redditor is worried about hiding his millions from his neighbors.  The reality is that many of his neighbors probably won’t care.  Someone else he knows might be in a similar...
Money may be the root of all evil, but it can also be a cause of considerable unhappiness in a relationship. According to the American Psychological Association, nearly a third of all adult...
No one wants to think about their death. But unfortunately, it’s part of life. And it’s best to plan ahead with issues such as life insurance – which includes figuring out how much insurance...
24/7 Wall St. Insights This Redditor is retiring at 52 after working for the government since he was 23.  Strong financial discipline undoubtedly played a role in this FIRE story.  Not having...