This Week’s Must Read

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 the rest of the story.

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 20s are some of the most important years for your finances and your career. This week on The Payoff, I’ll tell you the 5 best investment I made in my 20’s. Read the rest of the story.

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

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 the rest of the story.

File and suspend and restricted application are going away, but there are still strategies you can use to increase your payout. Read the rest of the story.

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. Read the rest of the story.

Retirement is a major accomplishment. But you also have to decide what to do next. While the new found freedom is exhilarating, many people don’t know what to do with themselves in retirement. Read the rest of the story.