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 ...
Owning a home with an affordable mortgage may seem like a dream, but for many Americans, it’s starting to feel like a trap. According to an Edelman Financial report, half of homeowners under 50 feel ...
When you open an IRA, you have a choice of an online broker or robo-advisor. There is a major difference between the two. A robo-advisor is great for beginners and passive investors who want a more ...
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 ...
At some point, you’ll make the switch from building your nest egg to living off your nest egg. For many, this isn’t an easy transition. Maybe you haven’t reached a “magic” number for retirement, so ...
If the IRS expands its ruling to more (or all) companies, businesses could benefit in a big way. For starters, it could be a powerful recruiting tool for employers because they'd be better able to ...
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 ...
To retire early, or not to retire early? It’s a common conundrum for many Americans as they start to approach retirement age. But before retiring, it's critical to make sure your money will last ...
The news of the return-to-work policy was greeted with near-uniform disapproval at Amazon. In fact, 91% of 2,585 verified Amazon employees surveyed by the job review site Blind expressed ...