Roth IRAs can help combat one of retirees’ biggest fears: running out of money. Among folks who are currently retired, 37% cite outliving their savings and investments as one of their top fears, according to a recent Transamerica Center for Retirement Studies report. It’s not just people who are already retired who are troubled, either: […]
If you’re the romantic type, Valentine’s Day is no doubt something to look forward to. But if you’re the money-conscious type, it’s an event to dread. The cost of treating your partner to a day of romance isn’t something to take lightly. According to the second annual MoneyWise Cost of Love Index, here’s what some […]
There’s a lot of debate about the best time to start taking Social Security benefits, and the truth is: there’s no right answer. It all depends on your life expectancy and how long you can afford to wait to start receiving benefits. While it’s impossible to know exactly how long you will live, you can […]
It’s an unfortunate thing that most employees today aren’t pleased with their work-life balance. When you spend too much time plugging away at the office, it can not only impact your attitude about your job, but also, your health and relationships. If you’ve been struggling with work-life balance, it pays to pursue your options for a […]
There are certain topics that even romantically linked folks are loathe to broach. For example, many Americans won’t divulge their weight to their partners, even when the repercussions of doing so are likely to be nonexistent. Similarly, many folks don’t care to discuss their dating history. But here’s one surprising thing working adults are keeping […]
For many workers, commuting is a part of life. And while there are benefits to commuting, like getting a chance to clear our heads before and after work, those of us who are forced to spend hours each week in a car, or on a bus or train, would most likely appreciate having that time […]
Just as it costs money to live during your working years, so, too, does it cost money to maintain a decent lifestyle in retirement. Many workers expect their living costs to drop drastically once their careers come to a close, but what they don’t realize is that most common expenses largely stay the same in […]
More than one in five taxpayers with wages probably had too little money withheld for taxes last year, according to the Government Accountability Office. Among the most likely are taxpayers with wages of $180,000, at least $20,000 of non-wage income and itemized deductions; taxpayers with gambling winnings; those with unreimbursed employment-related expenses; and taxpayers who can’t […]
If you’re getting a divorce, it pays to keep quiet on social media, says New York divorce attorney Jacqueline Newman. Trashing a soon-to-be ex or boasting about your great new life can complicate divorce negotiations. One client’s husband, for example, insisted he couldn’t afford a proposed settlement. Then, he inadvertently gave Newman leverage to get a […]
In June, Natalee King and her husband, Jonathan, realized a decade-long dream of buying a home in Orange County, California, one of the more expensive housing markets in the country. The couple drained their savings for a down payment to win the fixer upper. But concerned about the cost of future repairs and compelled to […]
There’s more to adjusting to a new job than arranging your desk and finding the best place to grab a bite at lunchtime. In fact, the first few weeks and months at a new job are crucial and can set you up for success if you make the right moves from the start. According to our career […]
One of the most dangerous financial traps you can fall into involves short-term loans. For centuries, loan sharks have been willing to lend small amounts of money for short periods of time, charging usurious rates of interest in exchange for acting as a lender of last resort for borrowers who had no other options. Since […]
