Getty Images The wealth gap between baby boomers and millennials has become a gulf. Back in 1998, the average household aged 52 to 70 years had a net worth of $747,600, while households in the 20 to 35 age bracket had an average net worth of $103,400, according to a MagnifyMoney analysis of Federal Reserve
Early retirement is achievable for many. But you need to consider these three factors before walking away from work for good. Getty Who wouldn’t love the idea of being done with work before age 50 — or even by age 40 — and living their best life? For many people, the dream of retiring early
The Devils Dictionary is a great way to learn some new financial terms so you can get back to riding your bike. (Photo by Hendrik Schmidt/picture alliance via Getty Images) picture alliance via Getty Images Do you ever wonder what all that financial jargon actually means? Will your eyes cross after googling just a few
Villa Valencia’s outdoor amenity area includes a resort-style pool with a lap lane and waterfall, along with spacious sunbeds, private cabanas and two summer kitchens for indoor-outdoor entertaining. Courtesy Villa Valencia In the past decade lots of new ideas have found their way into residential construction — aging-in-place, green initiatives, sustainability. It seems only natural,
Sarah Whitten Shares of pop culture collectible maker Funko jumped as much as 11% after the closing bell Thursday after the company posted a 38% increase in sales and raised its outlook for the rest of 2019. “Funko once again delivered very strong results in the second quarter,” Brian Mariotti, Funko’s CEO, said in a
Pedestrians walk by the American International Group building. Ramin Talaie | Bloomberg | Getty Images Insurer American International Group beat Wall Street estimates for quarterly profit on Wednesday, boosted investment income, sending its shares up 2.7% in extended trading. A strong performance in commercial and personal insurance in regions outside of North America helped the
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters For investors fearful of more trade-war bombshells, the worst is over and it’s go time, according to J.P. Morgan. That’s the joint view of Marko Kolanovic, the bank’s quant guru who’s been dissecting the market’s every twist and turn, and
Apple, the tech giant best known for the iPhone, launched a credit card this week. It’s called the Apple Card, and it’s linked to your iPhone’s Wallet app and Apple Pay. Apple’s pitch with the card? It starts with cash and goes deep with security and design. This week, Jon Fortt takes a closer look
Investor Steve Eisman is predicting bad things ahead for anyone betting on online real estate site Zillow, which has been trying to expand its operations but faces a stiff challenge. The managing director and senior portfolio manager at Neuberger Berman has been shorting Zillow for some time, and explained to CNBC in an interview Thursday that the
Once you’re in your 50s and the end of full-time work is no longer a distant concept, it’s a good time to get serious about planning for the next chapter of life. Whether you intend to entirely leave the work force at some point or keep a foot in it, financial advisors say there are