Willie B.Thomas | Digital Vision | Getty Images Thought saving for retirement was hard? Spending that money—and ensuring it lasts through old age—is even harder. It may not sound tough at first blush. But consider all the unknowns: how long you’ll...
Vesnaandjic | E+ | Getty Images After a year of lockdown, you may be ready to go out and start spending. Not so fast. “We’ve gone through what can be described as a major discretionary spending fast,” said Jim Wang, founder...
Kamila Elliott Courtesy: Kamila Elliott When Kamila Elliott began her career in the financial services industry, she felt like an outsider. That feeling hasn’t changed a great deal. Elliott, 44, began working at Vanguard in participant services in 2000, and remembers...
More than a year into the Covid crisis, most people have a clearer picture of what it means to be financially secure. When asked how much money they need to have saved to consider themselves financially healthy, Americans put the number...
peki | E+ | Getty Images Why do people take on private student loans? The cost of attending college has been rising steeply, with the annual price tag of attending a public college, including room and board, at more than $18,000...
Oscar Wong | instant | Getty Images Planning to save more this year? There is a higher 401 (k) employee carryover limit for 2022, and now is the time to increase contributions, financial experts say. Employees can funnel $ 20,500 towards...
Steve Luker | iStock | Getty Images Maybe you’ve taken the usual personal finance advice to avoid staring at your 401 (k) balance during market volatility, and when stocks are going down or the headlines are screaming, you’re calm. Overall, this...
Ariel Skelley | Digital vision | Getty Images Looking to be happier with your life and finances in 2022? The answer may be to find professional help. According to a study by Herbers & Company, people who worked with a financial...
There is a growing trend known as direct indexing, of buying stocks in an index, rather than owning a mutual or exchange traded fund, for purposes such as tax efficiency or profitability. value-based investing. While direct indexing has traditionally been used...
The coronavirus pandemic has changed a lot of things for Americans, including work, family life, and more. It has also caused a lot of people to reconsider their personal finances. Now, as the health crisis appears to be easing, 51% of...