Even before economic uncertainty struck, lack of retirement savings was an issue for many Americans. In a study conducted by the Insured Retirement Institute, researchers found that only 54% of baby boomers have retirement savings. Lack of retirement savings is, understandably, a major source of stress. You may feel like there’s no way to get...
It’s an unfortunate reality that millions of people are one bad day away from a financial emergency. While no one ever expects or wants this to happen, it’s a good idea to be prepared just in case. Having a plan in place now may help you panic less in the future. Here are some ways...
For many, COVID-19 has affected not just our daily routine, but our entire lives. All too many have lost jobs or found themselves in a precarious financial situation. Fortunately, some companies, including banks and airlines, are adding temporary measures to help customers who have been impacted. We’ve already published a list of internet and phone...
Home insurance is important to have—and for many, it’s a major expense, costing homeowners about $1,100 every year. While your insurance premium isn’t anywhere close to what it would cost to rebuild your home if a disaster really did occur, it doesn’t mean you want to pay the full price for home insurance year in...
Whether you’ve been driving for six months or six decades, you need auto insurance—it’s illegal to drive without it. It may be easier to stay with a provider you’ve had for years, but that doesn’t always mean you’re getting the best rate. Here are five ways you can make sure you’re saving as much as...
Chances are, if you have a phone, you’ve picked up only to hear an unfamiliar voice on the other end of the line. But if you’ve ever gotten a call from someone asking for money or telling you that you owe money, chances are you’ve gotten a spam call. Some robocalls are helpful reminders for...
It’s an unfortunate reality that millions of people who have gone to the hospital then experience unaffordable bills after their stay has ended. Medical expenses are notoriously opaque. Plus, if it seems like costs for the same service are wildly varied, that’s because they are. Which hospital, insurer, and even which doctor you choose all...
It’s no secret that the workplace has changed over the last few decades. Americans are working longer and retiring later. In fact, adults today are twice as likely as adults in 1985 to work after age 65. Often these adults are healthy, educated, and higher-earning white collar employees. Many people with blue-collar jobs are unable...
If you’re approaching 60, you already know how important it is to prepare for retirement. If you haven’t yet retired, you’ll also need to understand how your career and lifestyle will affect you post-retirement. Age 50, the middle of this range, marks the beginning of a great period for building wealth. Personal finance can be...
One of the best things about retirement is that it gives you free time to do the things you enjoy most. For many people, this includes traveling to places they didn’t have time or money to when they were younger. Maybe you’re someone who wants to enjoy more travel in your golden years. If that’s...
