Personal Finance

Personal Finance Articles

Age 62 tends to be a popular time to claim Social Security because it’s the soonest seniors are allowed to get their benefits. Many people unfortunately end up out of work by age 62. So for them,...
Even the most ambitious career-oriented individual is bound to feel “stuck” on the low end of the career ladder at some point or another, struggling to reach for that next rung, which seems far...
  When I was applying to college, the process was kind of depressing because I knew my parents didn’t have much money to contribute. So as a result, I knew my choices would be limited. I also...
  When I was applying to colleges, I knew it would be on me to cover the bulk of my costs. So when I got a $10,000 annual grant to the university that was my top choice, I was ecstatic — until I...
Unfortunately, if you’re over 50, there is a good chance that financial scams will target you. For better or worse, scammers like to prey on older individuals who might be less familiar with...
Buying a house is a big life milestone for many people, but sometimes it can cause financial trouble. For example, one recent caller to the Dave Ramsey Show explained that his housing payments were...
A 60-year-old Reddit user with $7 million invested is burned out at his job, but he’s scared of giving up his high-paying work. Since he’s having a hard time making the psychological shift from a...
Baby boomers are the largest generation in recorded history, and many of them are set to retire in a few years. While baby boomers tend to be wealthier than younger generations, that doesn’t mean...
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A Reddit user with a $2 million net worth and a $575K annual income is trying to figure out whether it makes sense to buy a house or rent. While they are currently renting, they are having another...
A $5 million nest egg is incredibly impressive, especially for someone who’s still in their 40s. Undoubtedly, one not only needs the financial savvy to get to such a spot but also the right mix of...
Inflation is a major thorn in the sides of many retirees and those closing in on retirement. Indeed, whenever prices of everyday goods rise by a notable amount since one’s last purchase, alarm...
  When some people talk about early retirement, they mean ending their careers in their 30s or 40s. I tend to think that’s a dangerous thing. That isn’t to say that it can’t be done, but...
This year marked a big change for Social Security benefits. Payments from the Social Security Administration hit a milestone they never have before — and it’s both good news and bad news for...
You can learn a lot from people who achieve financial success, including a Redditor who shared a detailed post in the Salary subreddit. The Redditor breaks down how they went from earning $38k/yr...
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