Pandemic-related mortgage bailouts are ending, and foreclosures are now rising. Foreclosure starts jumped 32% in the third quarter of this year from the second quarter and were 67% higher than the third quarter of 2020. The foreclosure numbers should stay...
A reader has just written in urging me to take another look at Roth IRAs. This follows my previous column, in which I said I was wary of them, partly because I figured I’ll be paying a lower tax rate...
Following a budget is a smart financial decision. If you stick to a budget, you may be less likely to land in debt, and you may have an easier time padding your savings account on a regular basis. But a...
Amid a red-hot housing market, a large number of prospective buyers are overlooking some of the fine details about insuring their big investment, according to a popular real estate listing website. Data from Realtor.com found that listings are on the...
How the Sandwich Generation Can Plan for Retirement Individuals ranging in age from 35 to 44 or older often fall into a category referred to as the sandwich generation because they find themselves taking care of their children and parents...
You have debts to pay, retirement savings to pad, and an investment portfolio to build. If you find yourself with a bit more money than expected — maybe because you spent a lot less while you hunkered down during the...
You have debts to pay, retirement savings to pad, and an investment portfolio to build. If you find yourself with a bit more money than expected — maybe because you spent a lot less while you hunkered down during the...
Around 35 million American families have already received their first advanced child tax credit payment. Beginning on July 15, the advanced payments began. The checks will continue to be disbursed every month until the end of the year totaling half...
Come 2034, incoming revenues will be enough to pay about 76% of scheduled Social Security benefits, a 2020 Social Security Administration trustees report predicts. Given that, how might different generations plan for this? Should they plan for a 24% decline...
The vast majority of Americans do not meet commonly held definitions of what it means to be rich in the U.S. Respondents to Schwab's 2021 Modern Wealth Survey said a net worth of $1.9 million qualifies a person as wealthy....
The coronavirus pandemic is breathing new life into the argument for a four-day workweek. As employees report burnout and many are refusing to return to the office post-pandemic, employers are rethinking workplace flexibility. For New York-based crowdfunding platform Kickstarter, one...
Knowing the ins and outs of Social Security retirement benefits rules can help you claim a bigger check. Yet some facts about the program continue to trip up pre-retirees. Here’s where respondents to a recent quiz tended to stumble. Take...
When you're trying to buy a home, it's best to make a 20% down payment. Doing so allows you to avoid having to buy private mortgage insurance (PMI). PMI ensures lenders don't end up with out-of-pocket losses if they have...
Decisions, decisions. Many of the key questions you will face over your lifetime deal with money issues. Good choices can pay off handsomely over time, lifting you up the wealth ladder. Bad judgment calls can condemn you to years of...
Mortgage forbearance offered much-needed relief to millions of homeowners during the coronavirus pandemic, but now many borrowers are leaving the programs. The CARES Act established forbearance programs last year for federally backed mortgages, but private lenders and servicers often provided...
