Whether you’re trying to get rich quickly or slowly, there are a plethora of playbooks out there about saving, investing, real estate, business building, and side hustles for you to follow. While there is certainly plenty of advice that is garbage—especially on the get-rich-quick front—there are many, many paths to financial success. That is, if
Retirement
A call to scrap tax breaks for retirement plans and use the savings to shore up Social Security has some people in the financial services industry up in arms. But the question is not whether the U.S. retirement savings system is costly, complex, and ineffective at boosting savings. It’s all of those things. The only
You might have read that Social Security might raise its retirement age as a means to help fix the program’s financial challenges. If this happens, how could it affect you? The answer is…we don’t know for sure, and it will most likely depend on your age. However, we can gain insights by looking at how
Most people, when asked, say they want to “age in place” at home for as long as possible. When an elder is in failing health, staying at home means getting help. For those with the means to do so, it takes a comprehensive effort to care for an aging loved one with the best quality
Sometimes, it’s necessary to correct the record. The other day, a click-baity, highly misleading headline blared: “Teresa Ghilarducci Confirms Proposal to Create Federal 401(k) Would Remove Employers from Retirement Saving System.” Sounds scary, but it’s totally untrue. Let’s get something clear: I don’t hate or want to abolish 401(k) plans — I am fortunate to
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