There’s a statistic for everything, especially in investing. Writers and financial experts love to pick out minutiae from the markets and posit that they mean something BIG and EXPLOSIVE about the state of the economy—and now that you know it too, you have some sort of investing edge. (If you were paying attention to all […]
Category: Personal Finance
These surprising spending truths could upend your retirement
There’s one key message you’ve inevitably heard when it comes to planning for retirement: Save, save, save. Now it turns out that how you spend money during your golden years could have as much — if not more — of an impact on how well you live, according to research from J.P. Morgan Asset Management. […]
Women have a different approach to job hunting than men — and it seems to be more successful
Women appear to be more selective in their job hunting than men. Women are 16% more successful than men at landing a job after applying, and 18% more likely than men to be hired when applying for more senior roles, according to LinkedIn’s new Gender Insights report. One explanation for this success: Women are more […]
West Coast real estate is now so expensive that married couples are moving in with multiple roommates
Married couples are making room for roommates. Sometimes, multiple roommates. Just ask Kelsey Riley Dixon. The 29-year-old business owner and her husband, a semi-pro kayaker, share a four-bedroom home with three male roommates “to reduce costs in the very expensive city of Seattle,” she says. “It allows us to have a home in a really […]
Where mortgage payments take the smallest bite out of people’s bank accounts
It’s getting tough to afford a place to live — but residents of the nation’s capital are better placed than their peers in other cities. People in Washington, D.C., have the most money left over in their bank account after paying their mortgage each month, according to a new report from Zillow ZG, -0.84% which […]
Luke Perry’s fatal stroke is a warning for younger adults
“Beverly Hills, 90210” star Luke Perry, just 52, died on Monday after suffering a massive stroke, which is a solemn reminder that a stroke can strike someone at any age. “Although stroke often affects older individuals, it is not only a disease of the elderly. Luke Perry’s tragic death highlights the fact that stroke can […]
These financial worries are probably preventing you from retiring early
Many people believe retiring early will help them live longer. But because of the uncertainty of expensive health-care costs, they do not pursue financial independence. That Catch-22 was one of the key findings of the latest online survey on retirement and health from TD Ameritrade. The poll included 1,503 adults ages 45 and up with […]
How to avoid racking up personal debt as an international student
While student loan debt is inevitable in many cases, there are other forms of debt that international students can easily avoid. It may be difficult to manage your personal finances initially. Many international students are leaving home for the first time and having to manage a large amount of funds they aren’t at all used […]
How Will Alienated America Save For Retirement?
Alienated America is the title of a new book out by Tim Carney, commentary editor at the Washington Examiner and American Enterprise Institute visiting fellow. Its core observation is this: while in the 2016 general election, Trump had the support of evangelicals and other pro-life Christians, because of the binary choice between Trump and Clinton […]
3 Dividend Stocks That Are Perfect for Retirement
When it comes to stock investing while in retirement, dividend stocks tend to be some of best investments you can make. Not only do they tend to be less volatile stocks that help you preserve your nest egg, but they also throw off cash you can use to supplement your income without having to draw […]
Lawmakers want to bring back these 3 tax breaks
Lawmakers are making a bipartisan push to grant filers some certainty on a package of tax breaks for the 2018 tax year. These breaks are known as “tax extenders, ” a series of temporary provisions in the code that have expired and must be reauthorized by Congress retroactively each year in order for filers to […]
What Is The Average Retirement Savings in 2019?
It costs over $1 million to retire at age 65. Are you expecting to be a millionaire in your mid-60s? If you’re like the average American, the answer is absolutely not. The Emptiness of the Average American Retirement Account The first thing to know is that the average American has nothing saved for retirement, or so […]