I’m 72 with $1.5M in retirement savings and no debt — but I’m still terrified of running out of money one day. How do you know when you’ve got enough?
Between high living costs and uncertainty in the stock market, Raymond, 72, is feeling anxious about retirement — despite having no debt, a fully paid-off home and $1.5 million in savings. On top of his $110,000 salary, Raymond and his wife of the same age both collect Social Security benefits. He applied at age 70 […]
35-year-old man, who still lives with his parents, asks The Ramsey Show how to retire by 55 — turns out moving out is the first step
Ian from Portland, Oregon, has enjoyed living in a multigenerational household for most of his life. At 35 years old, he’s still living at home with his parents and sister. He recently started a new job and with his new income in play, Ian’s starting to consider his long-term goals. "Just trying to figure out […]
I’m buying $10K in camera gear and the seller has 0% interest for a year. I’ve got the cash but wonder — is there any harm in financing it instead?
You may have noticed a new option on the checkout page — zero-interest financing. More online retailers are offering to finance large purchases with no interest charges. It sounds too good to be true, but is it? Adrian found himself asking this question. He’s looking to buy around $10,000 worth of high-end camera gear, including […]
Yes, they do mind the gap – everyone’s getting richer in America, but boomers are pulling ahead. Here’s why that’s not sitting well with younger generations
America is getting richer. Household wealth, at nearly $170 trillion according to the latest Federal Reserve data, is hovering around all-time highs as stock portfolios swell. Home values are climbing and retirement accounts have fattened up. But, the big winners in this wave of prosperity aren’t the strivers just entering the workforce. It’s boomers. Born […]
The iPhone 17 is here: The hidden costs of always chasing the newest technology
Earlier this week, Apple announced the launch of the iPhone 17, continuing its annual tradition of unveiling a new model each fall. For millions of Canadians, that familiar announcement comes with a familiar, if somewhat redundant, question: should I upgrade to the latest model, or stick with my current device? The previous iPhone generation, the […]
Americans aged 60 plus lost over $4.8B to crypto scams in 2024, says FBI — here’s how you can spot them and protect your retirement savings
This article adheres to strict editorial standards. Some or all links may be monetized. In 2024, 147,127 Americans aged 60 and older reported falling victim to scams, losing a staggering $4.885 billion. The common thread? Cryptocurrencies. Digital currency scams accounted for over 33,000 of those complaints and $2.839 billion in losses across that age group. […]
Some Gen Z investors are chasing ‘eye-popping yields’ to free them from their corporate 9-to-5s — and dividends have become ‘the hot new thing’
Bloomberg recently reported that dividends have become "the new hot thing" among Gen Z retail investors, with a growing group using and promoting them as a ticket to early retirement [1]. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to […]
I’m 40 and my mom just died, leaving me with a $3.25M inheritance — how do I use this windfall wisely to ensure it’ll last me long term?
According to Northwestern Mutual, $90 trillion will transfer to younger generations in the coming years [1]. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to deal with tenants or fix freezers. Here’s how I’m 49 years old and have nothing […]
‘You’re trading dollars for quarters’: NY woman intrigued by pre-tax lease perk offered by her work — why Dave Ramsey insists she slam on the brakes
Rosie from New York thought she’d found a financial loophole when her employer offered a pre-tax benefit for leasing a vehicle. She wanted to know, wouldn’t that make leasing smarter than buying? When she called into The Ramsey Show, host Dave Ramsey pumped the brakes. Must Read Thanks to Jeff Bezos, you can now become […]
Jane Birkin’s handbag sold for a shocking $10.1M — a new record. How savvy investors are getting rich with ‘passion assets’ instead of scary stocks
Some of the world’s most iconic products weren’t born in boardrooms. They came from moments of pure inconvenience. Case in point: the Hermès Birkin. Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to deal with tenants or fix freezers. Here’s […]