Money. We want it. We need it. We work hard for it. It’s the difference between the life we want and just getting by. It determines whether we retire comfortably or have to move in with the kids. There are all kinds of ways to manage your...
One quick glance at the interest rate your bank is paying on your hard-earned savings account balance and you'll turn green. Even though the Federal Reserve has been raising benchmark interest rates for the past three years, the big banks have not followed suit. They are the...
Maybe it’s your dream—accumulate enough money to retire early and live happily ever after. You never have to work again and can do whatever you want whenever you want. That’s the basis of the FIRE Movement—Financial Independence, Retire Early. There’s lots of chatter all over social media about FIRE....
Financial attitudes are changing with America’s young adults. For decades, parents have taught their kids that part of proper planning included saving for retirement. Saving could be accomplished with investment accounts, individual retirement accounts or any one of a litany of employer-sponsored retirement plans, including the 401(k)....
I was having a conversation about retirement health insurance with an acquaintance of mine who just retired. He’s a former corporate executive—an analytical person—who’s always done his homework to avoid as many surprises as possible in the business world. He’s done the same thing with healthcare and decided that a Medigap policy...
As I sit here Monday evening with the Dow having closed down 2000 points and the 10-year Treasury yield around 0.5%, the title of this update seems utterly ridiculous. With the new coronavirus still spreading and a collapse in oil prices threatening the entire shale oil industry, recession is now the...