As you near your targeted retirement date, you’re likely anticipating all the upsides of not being tethered to a 9 to 5 anymore, such as taking mornings at your own pace, spending more time with your significant other and pursuing various hobbies to your heart’s content. And while those things are fun to consider, they’re […]
Retiring as a millionaire is the dream of many Americans, and while a million dollars isn’t what it used to be, that level of wealth would make retired life comfortable for many. The good news for you, though, is that this goal is achievable, especially if you have a lot of time before retirement. If […]
At CNBC’s America’s Financial Education town hall, community leaders from across the nation were honored for their commitment to educating students about financial literacy. Currently, only 21 states require financial literacy to be taught in high school classrooms. While there is a growing push for more students to get personal finance education, according to U.S. […]
Adulting” is hard. Budgeting can be harder. As a young adult just starting to live independently, it’s easy to make financial decisions, like racking up credit card debt or not saving enough, that come back to haunt you in the long run. To help young adults in need of a crash course in “adulting,” TODAY is launching a […]
77% of Americans are stressed over their finances. If you’re fretting about which investment to buy, or what money move to make next, you are not alone. By creating and implementing a plan, you can feel more secure. Whether paying this month’s bills on time or leaving a legacy to future generations, everybody has distinct financial […]
The internet abounds with retirement calculators that will help you estimate the size of the nest egg you’ll need so that you don’t outlive your retirement savings. It makes sense. Business gurus tell us you can’t improve what you don’t measure. We set other measurable goals in our lives so what’s the problem with aiming […]
Many may think financial planning is only needed for wealthy investors with complex needs, but the reality is a financial plan is something that can help everyone — not just the wealthy. And your workplace may be able to help you get started. The fact is, if you have any source of income, you’re always […]
Busy schedule? These side gigs might work well for you. There are plenty of ways having a side hustle might benefit you. If you earn income on top of what your main job pays you, you might manage to boost your savings, sock away funds for a down payment on a house, pay off your […]
As resignations soar and the war for talent heats up amid a tight labor market, companies are turning to any tool at their disposal—even the normally staid retirement plan—to attract and retain workers. KPMG, the global accounting and consulting firm, announced to employees on Monday the most significant overhaul to its benefits plan in more […]
For a variety of reasons, we often run across clients who decide to retire “early”. In the eyes of the IRS, early retirement is defined as any time before the age of 59 ½. Taking a withdrawal from an IRA account prior to reaching 59 ½ will typically trigger a 10% penalty on top of […]
Thinking of dumping your side job? Ask these key questions to make the right call. Different people have different motivations for getting a side hustle. You may be trying to save up to buy a home, and your side job earnings could become a down payment on a mortgage. Or your goal may be to […]
Taylor Carty grew up with a checking and savings account, but after college, she needed a different way to save for medical school that wouldn’t jeopardize her health insurance. Carty, who has cerebral palsy, qualifies for California’s Medicaid program, Medi-Cal, which pays for some medical expenses that her primary insurance doesn’t cover. But for someone […]
