Personal Finance

Personal Finance Articles

If you’re working at a company that has a generous 401(k) match option, you should probably take it as you would “extra gravy” on your biscuit, as long as it fits within your personal budget....
There are a just a few resources online about how to maximize your retirement, make more money, and generally how to spend your money, many with conflicting tips and tricks and plans to get rich...
24/7 Wall St. Key Takeaways: I always recommend taking advantage of a 401(k) match, even if that means “locking your money away” until retirement.  Contributing to a Roth IRA is also a good...
24/7 Wall St. Insights Planning for retirement is a critical part of growing older. Knowing your retirement runway number is essential.  You don’t want to be a burden on your children in...
Preserving your legacy and passing on generational wealth is a cornerstone of financial and estate planning. But it doesn’t always pan out. In fact, 70% of high-net worth families lose their wealth...
It’s not hard to imagine why so many soon-to-be American retirees are still feeling a bad case of financial anxiety as they approach their retirement dates, even if they’ve got a fairly sizeable...
The Millennial Generation has been called the “unluckiest generation” by the Washington Post, and not without reason. This generation has lived through massive economic disruption, including more...
Shaquille O’Neal, commonly referred to as “Shaq” is among the greatest NBA players of all time, at least at the center position. During his playing days, Shaq was a force alongside Kobe Bryant,...
Like everything else, the cost of a comfortable retirement is rapidly rising. Just four years ago, Americans of all ages estimated they would need $951,000 to retire comfortably. Today, after years...
The average retirement savings among 35–44-year-olds is $131,950. In comparison, the average savings of people 75 or older is $357,920. The average shouldn’t be your goal. It is crucial to take...
If you’re thinking of retiring early, know how Social Security works. At the moment, nearly 48% of Americans believe that “If I claim benefits early, my benefits will go up automatically when...
24/7 Wall St. Key Takeaways: Life insurance is important whenever someone else is relying on you, whether that’s because of your income or care. It’s never too early or too late to get...
Hitting the $500,000 portfolio milestone is a big deal that deserves a nice pat on the back. That said, if you’re gearing up for an earlier retirement (let’s say in your 50s), things could get a...
It’s no secret that high inflation-elevated costs for basic necessities have been devastating to household savings across the nation. Not only have a large majority of Americans been forced to live...