I’m 62, ready to retire — but wondering if I’ll be penalized on my capital gains when I start cashing in my nest egg. The secret to turning capital gains into tax-efficient retirement income

Tax strategy should be top of mind when it comes to drawing down your retirement account. If you’ve held stocks in your retirement portfolio for a long time, you may be looking at significant gains. Those long-term capital gains could play a big role in your retirement finances — and a positive one. Don’t miss […]

36% of millionaires say it’ll ‘take a miracle’ to retire amid rising costs and a shaky market — how to get on the right track even if you don’t have $1 million in the bank

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. If you’re planning on putting your feet up by the coast and sipping margaritas in your golden years, make sure you’ve got the funds for it. These days, even […]

‘No turning back’: This Wall Street ‘permabear’ has been predicting the biggest market crash since 1929 — How you can prepare your portfolio if he’s right

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Mark Spitznagel, chief investment officer of Universa Investments, told Business Insider in 2024 that he thinks the “worst market crash since 1929” is coming. Now, he claims that the […]

Dave Ramsey just issued a blunt reality check to people under 40: ‘If you don’t retire a millionaire, that’s no one’s fault but yours.’ Here’s the math to hit $11,600,000 at 65

While the headlines have been dominated by a rollercoaster in the stock market, financial guru Dave Ramsey isn’t going doom and gloom. In fact, the radio host believes every young North American has a shot at becoming a millionaire. “If you’re under 40 years old and you don’t retire a millionaire, that’s no one’s fault […]

Grant Cardone says owning a home is a ‘terrible investment’ — claims it ‘ain’t your house’ even after the mortgage is paid off. Here’s why and what to do with your cash instead

Given how much home prices have soared recently, many homeowners may be feeling richer than ever. But real estate mogul Grant Cardone says your house isn’t a smart investment — far from it. In an interview with podcaster Sean Mike Kelly, Cardone called buying a home “a terrible investment.” That may sound ironic coming from […]

This researcher spoke to 100 millionaires in order to uncover their best money-making secrets — and came away with 3 big takeaways. Use them now to make your own 7-figure fortune

Jamie Catmull, host of The Richer Way, has spent years interviewing more than 100 millionaires — from high-powered CEOs and industry leaders to self-made entrepreneurs — to uncover the key to their success. "I wanted to help people take more control of their finances … share how (highly successful people) dealt with setbacks and came […]