The average American’s net worth spikes 15% after retirement — here’s why some retirees aren’t tapping their nest eggs until later and how to take full advantage of the growth ASAP
Are you expecting to see your net worth grow after you retire? Many don’t — because, after all, you expect to be drawing down the nest egg you’ve built during your working years. But surprisingly, many seniors do see their net worth grow in the first decade of retirement. The median net worth of a […]
This Arizona business owner was hoping to save money by signing up with a new credit card processor — until they hit him with a $3,120 bill for equipment he didn’t ask for
Small business owners have enough to deal with, between making customers happy and maintaining a positive cash flow. But an entrepreneur in Phoenix trying to save money got more than he bargained for. Anthony Perez, who owns A to Z Auto Detailing, was looking for a new credit card processing company. He says about 95% […]
Investigation reveals Californians are forced into the FAIR plan despite living in low-risk areas for wildfires — why this is happening and what residents can do about it
A recent investigation by CBS News found that since many private insurance companies in California have stopped issuing new policies, homeowners are being forced into the state’s insurance plan, the FAIR plan, despite living in low fire risk areas. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I […]
‘That is the death’: Mark Cuban says ultra-rich Americans get lured into money pits like music labels and clothing companies — here’s his investment advice for steady gains
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. Celebrities and athletes often aim to turn fame into fortune, but billionaire investor Mark Cuban warns they often mismanage their earnings. During a podcast interview, Cuban shared blunt advice […]
I’m 31, make $117K/year, cover all household bills — yet my fiance refuses to chip in. Insists his cash is for ‘fun’ while I handle ‘responsibilities.’ Can I fix this before we get hitched?
For some, the road to marriage can look financially lopsided. Those in their 30s earning their fair share — say, more than $100,000 a year — may be used to covering 100% of their individual household expenses. However, it doesn’t typically feel good when a fiance refuses to contribute, claiming their money is only for […]
Smart car shopping in retirement: What to consider before buying a vehicle on a fixed income — from budget tips to choosing the right features for your lifestyle
You’re enjoying your retirement years, taking the occasional road trip to spend time with friends and family. But your car has seen better days — nearing the end of its life at 200,000 miles. Since you haven’t purchased a car in a long time, you may be surprised at how much vehicles have changed — […]
I’m 67 now and getting worried about how risky my portfolio is. Should I stick with the S&P 500 or are there any ETFs or mutual funds that would be a better fit for my age?
When you’re younger and retirement is still decades away, you can often afford to take some risk in your portfolio. In fact, at that stage of life, it’s common to invest the bulk of your assets in the stock market. But that doesn’t mean you have to go out and purchase stocks individually. You could […]
‘Premiums will have to increase accordingly’: Trump’s tariffs could drive up car insurance costs by 13%. Here’s how trade policies affect premiums and what you can do to save on car insurance
Florida drivers already pay some of the highest car insurance rates in the U.S., and those rates could go even higher if President Trump’s automotive tariffs remain in effect. On April 9, Trump put a pause on most of his global tariffs, but tariffs on cars and car parts were reportedly not included in the […]
Here are the top 5 ways your Social Security check could be wrong — and there’s a very real chance that it is wrong
Social Security benefits are the financial anchor that keeps many Americans afloat once they leave the workforce. And they are right now too. After all, nine in 10 people 65 and older were getting benefits as of mid-2024, and Social Security accounts for about 30% of all income received by people in this age group. […]
50% of Canadian fear they’ll NEVER own a home as recession and interest rates crush buying hopes
“I don’t think I’ll ever own a home.” That’s the reality for half of Canadians — and two-thirds of millennials — who now see homeownership as a dream slipping out of reach. With recession fears rising and interest rates stuck in uncertainty, more and more working Canadians are stepping back from the housing market entirely. […]