Retirement

One colleague gave me the most effective piece of financial advice, look at the fund’s Expense Ratio. The expense ratio does not include the cost of buying a fund. This expense is referred to the sales load fee, and is a one-time event. Read More

You may have grown up hearing that you should save for retirement as soon as possible, but new data shows that some people haven’t actually put this advice into practice. Read More

Just how much money do you have to be to be considered “wealthy” in America? Recent findings from Charles Schwab’s 2018 Modern Wealth Index pinpoint the number at $2.4 million on average. Respondents said that $1.4 million is needed to be considered “financially comfortable.” … Read More

Hope you’ve been saving since your nascent twenties because the number listed is not pocket change. Fidelity Investments experts said you need to have a year’s worth of your salary saved by 30. By 35, that number needs to jump to double your salary. Read More

We know that people have a habit of moving to certain cities and states to make their money go further during retirement, but recent research shows that people who haven’t yet reached their Golden Years think they’ll have a tough time financially during that chapter in their lives. Read More

We analyzed migration data from the U.S. Census Bureau. Specifically, we compared the number of retirees immigrating into a city and compared it to the number of retirees emigrating from a city. Check out our data and methodology below to see where we got our data and how we put it together. Read More

New research shows that 53% of people ages 60 and up report that “they are postponing retirement” and 24% of workers surveyed say they don’t know how much money they’ll need to put away for their Golden Years. Read More

It’s one thing to feel FOMO, but it’s another to feel pressured into spending money you weren’t originally going to because of what you saw on social media. Read More

What would you be willing to sacrifice to start a debt-free life? According to micro-investing app Acorn’s new survey of millennials’ financial spending habits, almost half are willing to go to extreme lengths to wipe the red out of their ledgers. Read More