It should be easy — stop working and go play. But it’s not. We live in a work-driven culture, and so work is in our DNA and retirement is antithetical to who we are. Social scientists have come up with three theoretical models that together explain why retirees experience emotional upheaval in making the transition,
Share to facebook Share to twitter Share to linkedin Stocks started off 2020 with a bang, before geopolitical tensions took a toll. Spencer Platt/Getty Images Topline: Although the market rallied to kick off 2020 amid renewed global trade optimism, a U.S. air strike that killed a top Iranian general on Thursday night caused stocks to
Does the typical appraisal protect you from overpaying for a house? If it doesn’t, what would that mean for house prices in general? A study looked at a particular set of 8,533 houses that Fannie Mae foreclosed on from 2012 to 2015 and where two appraisals were done on each house. The first appraisals were
Shake Shack: “I think Shake Shack had a really, really good quarter and the shack is back and I think it’s O.K. to buy, although I have to tell you Wendy’s is the cheapest burger company.” AGNC Investment: “I don’t like that particular kind of REIT ’cause I don’t know what they’re in.” U.S. Bancorp:
The Federal Reserve’s policy making body heads into 2020 with a new complexion that, at least on its surface, seems committed to keeping interest rates low for the foreseeable future. In an annual rotation of voting members on the Federal Open Market Committee, Fed presidents Eric Rosengren of Boston and Kansas City’s Esther George head
The view north to Central Park Tower and 111 West 57th Street on Billionaires Row from the 86th-floor observation deck at the Empire State Building on July 28, 2019, in New York City. (Photo by Gary Hershorn/Getty Images) Gary Hershorn | Getty Images Real estate sales in Manhattan have fallen eight out of the past
Investors are pondering if the escalated U.S.-Iran tensions that are spiking oil prices could serve as the catalyst needed to turn around the most hated sector for the past 10 years. The S&P 500 energy sector was the worst performer of the last decade, up just a measly 5% versus the S&P 500’s 180% climb
Jamie Grill | Blend Images | Getty Images A new retirement law could soon put annuities in front of more 401(k) investors — and some financial experts question whether that’s a good thing. The Secure Act, which President Donald Trump signed into law last month, eases rules for employers offering a 401(k) plan around how
Getty Think you can just sign up for a 401(k) and forget about it? Think again. With only 13% of private sector employees with access to a defined benefit pension, more of the heavy lifting towards securing a sound retirement is falling on the shoulders of American employees themselves. The most widely used but perhaps
Getty Getty These are literally the 5 worst ways to pay off student loans. Here’s what you need to know – and what to do about it. 1. Pay only the minimum payment What’s wrong with only paying the minimum payment? After all, that’s your obligation, right? Remember: interest is always accruing on your principal