Personal Finance
Personal Finance Articles
While there is no magic number in terms of hitting financial access as an investor, the $1 million mark is undoubtedly something many investors strive for. The hope is that at this level, you can...
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By the time you are 40 years old, you should have at least three times your annual salary saved — and that’s if you are hoping to retire at around age 67, which is the age when you can claim your...
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Although millions of older Americans rely heavily on Social Security to make ends meet in retirement, an estimated 40% depend solely on those monthly benefits, according to the National Institute on...
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Hitting the right asset allocation (stocks versus bonds) can be a tough balance to achieve if you don’t fully understand your risk profile. It’s not just your age or ability to take risks that...
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In the waning months of his presidency, Joe Biden enacted a number of decisions and executive orders that restocked inflation, sending it up in October through January cumulatively back over 5%. ...
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How much do you need invested in order to feel comfortable retiring? This is a very common question among older Americans, and one a 54-year-old Redditor is grappling with. His 49-year-old wife...
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Retiring in your 50s, as opposed to your 60s, can bring about certain challenges. For one thing, you’re not yet eligible for Social Security, so you may have to live off of your savings for a good...
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There are many retired Americans today who get the bulk of their income from Social Security. And for some people, those benefits are the only source of income at their disposal. Ideally, you won’t...
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The advent of social media has turned a lot of people into more jealous versions of their former selves. When we see that our old college roommate just upgraded their house, we tend to want to do...
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After working for 31 years, a Redditor has managed to amass a net worth of over $10 million, including his primary residence and 50% ownership in a second home. Although he lives in California, which...
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Ramit Sethi is probably my favorite personal finance guru to tune into. He doesn’t just know his stuff, but he’s also very personable, especially to many of the younger audiences out there (think...
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Inheriting $2 million is a blessing, but it can also leave you feeling very overwhelmed — especially if you are only 19-years-old when the money comes. This is the situation that a man named...
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Retirement planning takes many years, and your goals will change as you get older. Younger investors typically focus on stocks, while older investors gravitate toward bonds and high-yield savings...
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There’s a reason a good number of baby boomers today are looking at a comfortable retirement. Back when they started their careers, it was common to stay with the same employer for decades. Doing...
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When retirement planning becomes serious, you must consider where your investments will be held. Anyone who wants to retire at a young enough age to enjoy life has to start thinking about how to make...
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