For anyone getting close to joining the ranks of retirees, there are some key aspects of your impending new status you need to review. Roughly 10,000 baby boomers turn 65 every day, the age most often associated with retirement. Of course, not everyone hangs up their working hat at exactly that age, which means your
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College student entering a financial aid. Pamela Joe McFarlane | Getty Images Students’ knowledge of the financial aid process is “shockingly low.” That’s the takeaway from a new study by ACT, which in April 2018 surveyed about 1,200 high school students who were registered to take the standardized test. Regardless of economic background, most families
Image Source | Getty Images Once Facebook’s Libra makes it to the cryptocurrency mainstream, there may be a new threat to consumers: Their own bad spending habits. Libra is a proposed cryptocurrency designed by Facebook and operated with a consortium of partners, including payments providers, credit card companies and consumer companies. It is set to
If retirement legislation currently under consideration in Congress ends up becoming law, new options for your nest egg may show up in your 401(k) plan. The Secure Act, which passed the House in May and awaits Senate action, includes a provision that would make it easier for companies to include annuities in their retirement plans.
Tetra Images | Getty Images You can head for the farthest reaches of the Earth, but you’ll never escape the U.S. tax man. More than 20% of the Americans abroad polled by Greenback Expat Tax Services said they are “seriously considering” giving up their U.S. citizenship. The firm polled more than 3,100 U.S. expats from
Wondering what to spend your fatter paycheck on? The right answer is you. The best thing you can do for yourself is to learn how to make your money work for you. Otherwise, you give in to the siren call of unplanned spending, aka lifestyle creep. That’s spending more simply because you have more, a
Consumers looking for a new car might find themselves in the driver’s seat when negotiating during the industry’s annual July 4th sales push. With prices continuing to climb and competition from millions of leased cars returning to the market this year, slowing demand for new autos has resulted in dealerships eager to unload inventory. “Dealers
View of homes in San Francisco from Alamo Square park. hanusst | iStock Editorial | Getty Images Why buy a house in San Francisco when you can snap up something more affordable in New York? Bay Area tech workers are showing some sensitivity to the cost of housing in the region, according to a survey
Al fresco dining, downtown St. Petersburg, Fla. Source: Visit Florida If you want to retire early, just setting and forgetting when it comes to your savings strategy won’t cut it. Just ask a new crop of investors dubbed “super savers.” These Americans, ages 45 and up, are putting away at least 20% of their income.
A new report from the Federal Reserve paints a bleak picture of America’s retirement savings. Twenty/20 A friend recently texted me that she had spent her entire weekend obsessing over money. “I don’t know what kind of life I want to live, or what I want to save for, or even IF I want to