Here's an overview of how much money Americans make, owe, and save. How much money does the average American earn? How much do they owe? And how much do they pay in taxes? Here are 10 statistics that answer these...
Buying a new home can be very overwhelming, especially if it's your first one. These six tips – like getting extra inspections and researching your neighborhood beforehand – can help simplify the process. What are your best tips for new...
Bumps in the Trump rally? Market making you nervous? Gain more control over your finances. Maybe you've been riding that bull for eight years and feel like it might be getting tired. Maybe you're getting a little jumpy yourself, with...
A new survey finds our expectations at odds with the financial reality of today’s retirees. Setting a retirement savings goal can feel like a crap shoot. How can you calculate your expenses, especially for health care, five, 10, 50 years...
Lower wages and higher medical costs are putting retiring women at greater risk for financial ruin than men, according to a recent survey. Seventy percent of nursing home residents are women, and the average cost of a private nursing home room is...
Many workers have access to a 401(k) retirement savings plan, but that doesn't mean they understand much about it. Financial advisors routinely see new clients who either have little grasp on the inner workings of their 401(k) plan or have...
Saving for retirement isn’t easy, especially given the cost of basic living expenses and debt payments. But it’s even harder when you consider that most people don’t have positive financial role models and consider finance topics too taboo to discuss...
It’s a new year. How healthy are your finances? Take the test to find out and get into top shape with this three-step guide. Forbes
...If you’re self-employed, an independent contractor or the owner of a small business, you can really use some money-saving tax tips right now. After all, the total taxes on your net income as a sole proprietor can be as high...
Parents and students paying for college know how expensive it can be. To help defray these costs, many middle-income families qualify for tax credits and deductions when they spend money on education related tuition and fees. But which credits or...
Elder abuse is a rapidly growing problem in the U.S. Or at least so say experts who testified before a Senate Special Committee on Aging hearing in November. In fact, one in 10 seniors age 60 and older, some 5...
U.S. Housing and Urban Development Secretary Julián Castro said on Monday the Federal Housing Administration will reduce the annual premiums most borrowers will pay by a quarter of a percent. The FHA is reducing its annual mortgage insurance premium by...
In the final quarter of the year, I had the opportunity to run retirement plans on quite a few 401(k) plan participants. Whenever possible, I enjoy sitting one-on-one with employees to help them understand and formulate a retirement scenario. One would think...
When it comes to retirement readiness, you may not be as prepared as you think. According to TIAA’s 2016 Lifetime Income Survey, fewer than half of Americans know how much they have saved for retirement, and only 35% know how much monthly...
If you’ve taken on the task of mapping out your annual financial plan, you deserve a pat on the back. Ensuring that you’ve covered all of the bases is important to both your short- and long-term financial health. Keeping track of...