Calculators used by investors to gauge their probability of retirement success may not actually be good gauges of that success. Comparing the outputs from several retirement planning programs shows a huge dispersion of results, underpinning how investors and advisers should use them as a guide rather than take them at face value.Read More
Precisely 240 years ago, a bunch of ragtag colonists declared their independence from the tyranny of a monarchy across the sea. On July 4, we will acknowledge their courage with celebrations all across America.Read More
At 22 years old and having graduated from college just last year, saving for retirement wasn’t a priority for me.
Or so I thought.Read More
There are so many myths and misunderstandings when it comes to credit reports and scores. Not understanding how they work could have a negative effect on your creditworthiness, which can cost you money in higher interest rates on loans.Read More
Grow your savings. The decade leading up to retirement is your last chance to build a significant nest egg. The decisions you make now will impact the retirement benefits you receive and how much you will be able to safely spend for the rest of your life. Here’s how to improve your retirement finances in your 50s.Read More
Even the super-wealthy have some investing regrets. Some 27% of investors with at least $1 million in net worth said their No. 1 investing mistake before working with a financial adviser was a failure to diversify their portfolios properly, according to a survey of 652 clients of the financial advisory firm deVere Group in the U.S., U.K., Asia, Africa and Europe.Read More
The vast majority of Americans want to remain in their homes throughout retirement, but a new study finds that 8 in 10 drastically underestimate the cost of getting the in-home help that many will need to make it possible.Read More
File and suspend and restricted application are going away, but there are still strategies you can use to increase your payout.Read More
Financial regrets. We’ve all had a few. But there’s a big difference between making an impulse purchase that you second-guess the morning after and making a major decision about your money that could haunt you for a lifetime.
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