MoMo Productions | Stone | Getty Images Market conditions are putting pressure on the 4% rule, a popular rule of thumb for retirees to determine how much money they can live on each year without worrying about running out later. Withdrawing...
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...
After a year of double-digit stock returns, it may be time to rebalance your portfolio, shifting the percentage of stocks, bonds, and other assets toward target allocations. Investors choose each amount based on their risk tolerance and long-term goals. However, as...
Élisabeth Frantz | Reuters Two years after Congress passed a law that ushered in improvements to the U.S. pension system, lawmakers’ efforts to make further improvements are advancing, albeit slowly. There is bipartisan support for measures in both the House and...
Whether it’s saving for retirement or building wealth, Hispanics are lagging behind. They can also stay away from traditional bank accounts. A number of reports highlight the disparities, including one from the Federal Reserve in St. Louis which found that Hispanic...
When the Covid lockdowns began last March, Melissa Jean-Baptiste felt uncomfortable. The market was in sharp decline, millions of people were newly unemployed, and the future was unknown. This uncertainty prompted Jean-Baptiste, personal finance coach and co-founder of Millennial in Debt,...
Students wearing face masks raise their hands in a classroom as a teacher teaches a distance course at a public charter school in Provo, Utah, United States, Thursday, August 20, 2020. George Frey | Bloomberg via Getty Images It’s a question...
This month of January does not only mark the start of a new year. It is also the second anniversary of the first identified case of Covid-19 in the United States At the time, the pandemic surprised most people. Now, many...
wundervisuals | E + | Getty Images Although no one expects emergencies, many people still find themselves faced with unexpected or catastrophic events. Having the right documents and financial information can be of great help to your family in the event...
Figuring out the best way to ensure your financial security can seem overwhelming. For James and Michelle Bethe, deciding what to do with the $ 200,000 they had in savings put them at a standstill. As a teacher, Michelle, 36, has...