Recently, my colleague Sean Williams reported that come 2019, Social Security recipients might see their highest cost-of-living adjustment, or COLA, in nearly a decade. For those who rely on Social Security for the bulk of their retirement income, that’s clearly a much-needed dose of positive news, especially since over the past 10 years, beneficiaries were […]
Running out of money in retirement is a major concern for those approaching that milestone, and that includes folks who have saved substantially. If you’re concerned about depleting your nest egg too quickly, you should know that there are several steps you can take to boost your retirement income and buy yourself some much-needed peace […]
Earlier this year, my husband and I dropped a major debt we had been carrying around for years — our home mortgage. We decided many years ago that we wanted to be entirely debt-free by the age of 40, and we made it with a few years to spare, as we’re both 38 now. But, […]
With college growing more and more expensive by the day, many students have no choice but to take on debt to finance their education. And unfortunately, today’s federal loan limits keep many students from accessing the financing they need to obtain their degrees. An estimated 70% of U.S. colleges charge tuition and fees that exceed […]
What you likely won’t do is die, at least statistically speaking. A woman who turns 30 this year is expected to live another 55 years, according to Social Security’s estimates. A man will live another 51. And yet according to new research from PGIM Investments, more than a third of millennials said they “don’t see […]
Millions of Americans obsess over their careers and fret about saving, terrified they won’t have enough to ever retire. The advice now being offered by some experts may surprise these worried souls: Take months or years off from work, travel the world and enjoy yourself. There’s prudent logic behind a relaxing mid-career break. With longer […]
You’ve found the perfect person, and you’re ready to walk down the aisle. There’s just one thing giving you pause: Your partner’s credit score is under 600, and you’re worried they might drag you down with them. While it’s true that your spouse’s poor credit could come to affect you, your score won’t take a […]
You likely shop around to find the best prices for groceries, clothing, and electronics. But what about for medical procedures? If not, you should start today. Most Americans assume medical procedures are set at a relatively fixed cost, but they could be losing out on thousands of dollars a year by not shopping around, a […]
According to a Gallup poll, 51% of nonretired Americans don’t think they will have enough money to live comfortably in retirement. Retired Americans are more confident, with 78% saying that they have enough money to live comfortably. However, wherever you are on the spectrum, no matter if you are just starting to save for retirement […]
If you’re getting ready to tie the knot, you may be wondering if getting a prenup – a legal document that determines how assets will be divided and protected in the event of a divorce – is a smart financial decision. And you wouldn’t be alone. According to a 2016 survey from the American Academy […]
If you’re currently on the job hunt, you may have already put some time and effort into cleaning up your social media profiles. It’s a smart move: Approximately 70% of employers admit to looking up potential employees on social media. Maybe you’ve deleted some questionable photos from that college spring break trip or started being […]
When looking for a job, most people cast a lot of lines. To increase your chances of getting hired you send out a lot of resumes, put in multiple applications, and if things are going well, go on at least a few interviews. If that happens, and you have multiple irons in the fire, it’s […]
