Each year, the IRS releases updated guidance on how much individuals can contribute to their 401(k)s. In addition to the standard amount, anyone who’s at least 50 years old can contribute additional ...

He wakes up every morning at 5 a.m. He takes ice-cold dips in his in-ground pool. He works out daily. And at a time in life when many Americans only dream about having substantial wealth, YouTuber ...

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When President-elect Donald Trump takes office starting Jan. 20, major changes could impact the lives of Americans if he begins to move forward on following through with ambitious election campaign ...

Historically, the premise behind the 60/40 portfolio is that during economic slowdowns, when stocks decline, fixed-income assets — like bonds — can provide both income and risk mitigation. This ...

According to the latest numbers via the Federal Reserve’s 2022 Survey of Consumer Finances, the mean retirement savings balance was $333,940. In the same year, however, the median retirement balance ...

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Chicago’s financial forecast is clouded by a $982.4 million budget deficit, and Mayor Brandon Johnson's proposed $300 million property tax hike has stirred up a storm of discontent with council and ...