First comes love, then comes marriage, then comes … the visit to the financial advisor? Yes, getting married means sharing your financial life. And if you've been visiting a financial professional as a singleton, then tying the knot should include a rethink...
At the risk of sounding like a Facebook friend trying to fold you into my latest direct sales venture: Early retirement is possible. If you read the Internet, you might already know this is true. It’s been done; in fact,...
Bitcoin faces a pivotal moment as investors are about to receive an entirely new asset called Bitcoin Cash after the blockchain supporting the cryptocurrency is forced to split in two. "The creation of Bitcoin Cash is certainly a pivotal moment for...
Forget the myths about Medicare being broke. Here's the truth. There are several popular misconceptions about the financial condition of Medicare, which virtually all American senior citizens rely on to cover health care expenses in retirement. Many people believe that...
Qualified retirement plans are designed to be used solely for retirement income. Taxable withdrawals from these plans before age 59.5 are generally assessed an additional 10% “early distribution tax” by the IRS. (The additional tax for SIMPLE IRA plans is...
Greece successfully sold debt to private investors for the first time in three years on Tuesday, making a significant first step towards financial independence when its third international bailout ends next year. The deal came a month after euro zone...
Up, Up and Away Another quarter and another new high. Even though the markets were relatively muted in June, the markets as measured by the Dow, S&P 500, and NASDAQ all ended at new highs. Year to date, the indices...
Owning a small business isn't like owning stock in a publicly traded company. With stocks, you can always calculate the market value of the entire business just by multiplying the market price of the stock by the number of outstanding...
For many of us, retirement can seem like a problem for later. I need money now; why should I bother saving money for when I’m 70? I’ve got rent due and groceries to buy this week, not this week plus...
Policy makers repeated their support for gradual rate hikes ​A few expressed concern about high equity-price valuations A divided Federal Reserve policy committee couldn’t reach an agreement in June on the timing of when to begin shrinking its massive balance...
As Courtney Minor began a master's program in vocal performance, she made sure to heed some well-known advice: Stick to federal government student loans. In completing the two-year program at Longy School of Music of Bard College in Boston in 2009, Minor racked...
Virus attacks worst in Russia, Ukraine; spreads to U.S. Petya virus is similar to WannaCry; demands $300 ransom A new cyberattack similar to WannaCry is spreading from Europe to the U.S., hitting port operators in New York and Rotterdam, disrupting government systems...
A million dollars is a lot of money, isn't it? Not when you're looking to finance your entire retirement. If you've got $1 million tucked away in your retirement savings by the time you're ready to retire, you won't starve,...
After completing your investment questionnaire, your financial advisor or brokerage might recommend that you invest a small portion of your portfolio in bonds. This investment option can be an easy way to add diversification and earn a small yet stable income at...
Many people turn to a professional for financial advice when they have a big problem to solve: How much do I need to save for my children’s college? Can I afford the bigger house? Will I run out of money in retirement? The answers...
